There Is Still Room For Equinox Gold Corp (EQX) to Improve Its Value – Let’s Wait for Clarity

In other words, the price has increased by $0.0000 from its previous closing price. On the day, 1940497 shares were traded. EQX stock price reached its highest trading level at $4.6700 during the session, while it also had its lowest trading level at $4.5300.

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 1.48B and an Enterprise Value of 2.14B. As of this moment, Equinox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.87, and their Forward P/E ratio for the next fiscal year is 7.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 1.97 whereas that against EBITDA is 7.35.

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 $3.43. The 50-Day Moving Average of the stock is 4.4986, while the 200-Day Moving Average is calculated to be 4.6890.

Shares Statistics:

According to the various share statistics, EQX traded on average about 2.11M shares per day over the past 3-months and 2.52M shares per day over the past 10 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 54.96% stake in the company. Shares short for EQX as of Feb 15, 2024 were 12.2M with a Short Ratio of 6.54, compared to 12.83M on Jan 12, 2024.

Earnings Estimates

The company has 6 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.03, with high estimates of $0.03 and low estimates of -$0.11.

Analysts are recommending an EPS of between $0.49 and -$0.01 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.

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