Financial Metrics Exploration: Understanding Equinox Gold Corp (EQX) Through Ratios

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The closing price of Equinox Gold Corp (AMEX: EQX) was $5.90 for the day, down -4.07% from the previous closing price of $6.15. In other words, the price has decreased by -$4.07 from its previous closing price. On the day, 4.41 million shares were traded. EQX stock price reached its highest trading level at $6.295 during the session, while it also had its lowest trading level at $5.895.

Ratios:

Our analysis of EQX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.42.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EQX now has a Market Capitalization of 2537530880 and an Enterprise Value of 4019106304. As of this moment, Equinox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.06, and their Forward P/E ratio for the next fiscal year is 5.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 3.676 whereas that against EBITDA is 17.792.

Stock Price History:

Over the past 52 weeks, EQX has reached a high of $6.50, while it has fallen to a 52-week low of $3.95. The 50-Day Moving Average of the stock is 6.02%, while the 200-Day Moving Average is calculated to be 12.84%.

Shares Statistics:

EQX traded an average of 2.79M shares per day over the past three months and 3146030 shares per day over the past ten days. A total of 428.50M shares are outstanding, with a floating share count of 358.32M. Insiders hold about 16.38% of the company’s shares, while institutions hold 50.61% stake in the company. Shares short for EQX as of 1724976000 were 12010529 with a Short Ratio of 4.22, compared to 1722384000 on 11322434.

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