In the latest session, Equinox Gold Corp (AMEX: EQX) closed at $5.37 up 4.47% from its previous closing price of $5.14. In other words, the price has increased by $+0.23 from its previous closing price. On the day, 3099759 shares were traded.
Ratios:
For a deeper understanding of Equinox Gold Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.33.
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 1.73B and an Enterprise Value of 2.39B. As of this moment, Equinox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.58, and their Forward P/E ratio for the next fiscal year is 9.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 2.20 whereas that against EBITDA is 8.22.
Stock Price History:
Over the past 52 weeks, EQX has reached a high of $5.84, while it has fallen to a 52-week low of $3.95. The 50-Day Moving Average of the stock is 4.53, while the 200-Day Moving Average is calculated to be 4.70.
Shares Statistics:
For the past three months, EQX has traded an average of 2.14M shares per day and 3.39M over the past ten days. A total of 318.01M shares are outstanding, with a floating share count of 295.61M. Insiders hold about 8.65% of the company’s shares, while institutions hold 55.20% stake in the company. Shares short for EQX as of Feb 29, 2024 were 14.73M with a Short Ratio of 6.89, compared to 12.2M on Jan 31, 2024.
Earnings Estimates
There are 6 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is -$0.02, with high estimates of $0.03 and low estimates of -$0.11.
Analysts are recommending an EPS of between $0.49 and -$0.03 for the fiscal current year, implying an average EPS of $0.14. EPS for the following year is $0.55, with 8 analysts recommending between $1 and $0.13.
Revenue Estimates
A total of 7 analysts have provided revenue estimates for EQX’s current fiscal year. The highest revenue estimate was $1.58B, while the lowest revenue estimate was $1.34B, resulting in an average revenue estimate of $1.44B. In the same quarter a year ago, actual revenue was $1.09B, up 32.60% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.79B in the next fiscal year. The high estimate is $2.17B and the low estimate is $1.58B. The average revenue growth estimate for next year is up 24.20% from the average revenue estimate for this year.
