Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Equinox Gold Corp (AMEX: EQX) closed at $5.60 in the last session, up 4.09% from day before closing price of $5.38. In other words, the price has increased by $4.09 from its previous closing price. On the day, 2.32 million shares were traded. EQX stock price reached its highest trading level at $5.66 during the session, while it also had its lowest trading level at $5.5.
Ratios:
We take a closer look at EQX’s different ratios to gain a better understanding of the stock. 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 2163817472 and an Enterprise Value of 2530291200. As of this moment, Equinox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 64.22, and their Forward P/E ratio for the next fiscal year is 8.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 2.325 whereas that against EBITDA is 10.514.
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 4.63%, while the 200-Day Moving Average is calculated to be 15.28%.
Shares Statistics:
According to the various share statistics, EQX traded on average about 3.31M shares per day over the past 3-months and 7276640 shares per day over the past 10 days. A total of 318.01M shares are outstanding, with a floating share count of 302.12M. Insiders hold about 8.72% of the company’s shares, while institutions hold 55.06% stake in the company. Shares short for EQX as of 1713139200 were 14959373 with a Short Ratio of 4.53, compared to 1710460800 on 14282430.
