Ratios Reveal: Breaking Down Equinox Gold Corp (EQX)’s Financial Health

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Equinox Gold Corp (AMEX: EQX) closed the day trading at $5.24 up 0.19% from the previous closing price of $5.23. In other words, the price has increased by $0.19 from its previous closing price. On the day, 2.82 million shares were traded. EQX stock price reached its highest trading level at $5.28 during the session, while it also had its lowest trading level at $5.185.

Ratios:

For a better understanding of EQX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.27.

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 2024715008 and an Enterprise Value of 2806825472. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 2.562 whereas that against EBITDA is 12.064.

Stock Price History:

The Beta on a monthly basis for EQX is 1.26, which has changed by 0.031496048 over the last 52 weeks, in comparison to a change of 0.26159418 over the same period for the S&P500. 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 -4.83%, while the 200-Day Moving Average is calculated to be 7.64%.

Shares Statistics:

Over the past 3-months, EQX traded about 3.53M shares per day on average, while over the past 10 days, EQX traded about 3455750 shares per day. 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 56.12% stake in the company. Shares short for EQX as of 1714435200 were 14959373 with a Short Ratio of 3.01, compared to 1711584000 on 13241962.

Earnings Estimates

A comprehensive evaluation of Equinox Gold Corp (EQX) is underway, with the input of 7.0 analysts contributing to its current rating.On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0.07 and a low estimate of -$0.08, while EPS last year was -$0.16. The consensus estimate for the next quarter is $0.11, with high estimates of $0.2 and low estimates of $0.04.

Analysts are recommending an EPS of between $0.45 and $0.03 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.65, with 9.0 analysts recommending between $0.96 and $0.13.

Revenue Estimates

For the next quarter, 3 analysts are estimating revenue of $435.84M. There is a high estimate of $485.69M for the next quarter, whereas the lowest estimate is $386M.

A total of 9 analysts have provided revenue estimates for EQX’s current fiscal year. The highest revenue estimate was $1.72B, while the lowest revenue estimate was $1.4B, resulting in an average revenue estimate of $1.58B. In the same quarter a year ago, actual revenue was $1.09BBased on 9 analysts’ estimates, the company’s revenue will be $2.03B in the next fiscal year. The high estimate is $2.41B and the low estimate is $1.58B.

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