Equinox Gold Corp Stock Today
| EQX Stock | USD 5.68 0.15 2.71% |
Performance10 of 100
| Odds Of DistressLess than 5
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Equinox Gold is trading at 5.68 as of the 1st of May 2024; that is 2.71 percent up since the beginning of the trading day. The stock's open price was 5.53. Equinox Gold has under 5 % chance of experiencing financial distress over the next 2 years and had a ok performance during the last 90 days. Equity ratings for Equinox Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Business Domain Materials | IPO Date 3rd of August 2018 | Category Basic Materials |
Equinox Gold Corp. engages in the operation, acquisition, exploration, and development of mineral properties. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Equinox Gold is traded on AMEX Exchange in the United States. The company has 386.09 M outstanding shares of which 14.96 M shares are currently shorted by investors with about 4.57 days to cover. More on Equinox Gold Corp
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Follow Valuation Options Odds of Bankruptcy
Financial Report 7th of May 2024
Equinox Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Equinox Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Equinox Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Christian Milau | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Equinox Gold Corp | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, SP TSX Composite, Gold and Gold Mining, Precious Metals, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Equinox Gold report their recommendations after researching Equinox Gold's financial statements, talking to executives and customers, or listening in on Equinox Gold's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Equinox Gold Corp. The Equinox consensus assessment is calculated by taking the average forecast from all of the analysts covering Equinox Gold. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Equinox Gold's historical financial statements, Equinox Gold Corp may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Equinox Gold Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Equinox Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Equinox Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Equinox Gold's financial leverage. It provides some insight into what part of Equinox Gold's total assets is financed by creditors.
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Equinox Gold Corp (EQX) is traded on NYSE MKT Exchange in USA. It is located in 700 West Pender Street, Vancouver, BC, Canada, V6C 1G8 and employs 3,692 people. Equinox Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.19 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Equinox Gold's market, we take the total number of its shares issued and multiply it by Equinox Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Equinox Gold Corp runs under Metals & Mining sector within Materials industry. The entity has 386.09 M outstanding shares of which 14.96 M shares are currently shorted by investors with about 4.57 days to cover.
Equinox Gold Corp has about 200.77 M in cash with 299.02 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.84.
Check Equinox Gold Probability Of Bankruptcy
Ownership AllocationEquinox Gold holds a total of 386.09 Million outstanding shares. Over half of Equinox Gold's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Equinox Gold. Please watch out for any change in the institutional holdings of Equinox Gold Corp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Equinox Ownership Details
Equinox Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Equinox Gold jumping above the current price in 90 days from now is about 20.95%. The Equinox Gold Corp probability density function shows the probability of Equinox Gold stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Equinox Gold has a beta of 0.4975 suggesting as returns on the market go up, Equinox Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Equinox Gold Corp will be expected to be much smaller as well. Additionally, equinox Gold Corp has an alpha of 0.4048, implying that it can generate a 0.4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Equinox Gold to move above the current price in 90 days from now is about 20.95 (This Equinox Gold Corp probability density function shows the probability of Equinox Stock to fall within a particular range of prices over 90 days) .
Equinox Gold Historical Income Statement
Equinox Gold Corp Income Statement is one of the three primary financial statements used for reporting Equinox's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Equinox Gold Corp revenue and expense. Equinox Gold Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Equinox Gold's Interest Expense is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 1.1 B in 2024, whereas Operating Income is likely to drop slightly above 20.8 M in 2024. View More FundamentalsEquinox Stock Against Markets
Picking the right benchmark for Equinox Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Equinox Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Equinox Gold is critical whether you are bullish or bearish towards Equinox Gold Corp at a given time. Please also check how Equinox Gold's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Equinox Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Equinox Gold Corporate Directors
Equinox Gold corporate directors refer to members of an Equinox Gold board of directors. The board of directors generally takes responsibility for the Equinox Gold's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Equinox Gold's board members must vote for the resolution. The Equinox Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gordon Campbell | Independent Director | Profile | |
| Wesley Clark | Independent Director | Profile | |
| Lenard Boggio | Lead Independent Director | Profile | |
| Peter Marrone | Independent Director | Profile |
How to buy Equinox Stock?
Before investing in Equinox Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Equinox Gold. To buy Equinox Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Equinox Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Equinox Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Equinox Gold Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Equinox Gold Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Equinox Gold Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Equinox Stock please use our How to Invest in Equinox Gold guide.
Already Invested in Equinox Gold Corp?
The danger of trading Equinox Gold Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Equinox Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Equinox Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Equinox Gold Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Equinox Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinox Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinox Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinox Gold Corp Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Equinox Stock analysis
When running Equinox Gold's price analysis, check to measure Equinox Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinox Gold is operating at the current time. Most of Equinox Gold's value examination focuses on studying past and present price action to predict the probability of Equinox Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinox Gold's price. Additionally, you may evaluate how the addition of Equinox Gold to your portfolios can decrease your overall portfolio volatility.
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Is Equinox Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinox Gold. If investors know Equinox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinox Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Earnings Share 0.09 | Revenue Per Share 3.479 | Quarterly Revenue Growth 0.149 | Return On Assets 0.0076 |
The market value of Equinox Gold Corp is measured differently than its book value, which is the value of Equinox that is recorded on the company's balance sheet. Investors also form their own opinion of Equinox Gold's value that differs from its market value or its book value, called intrinsic value, which is Equinox Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinox Gold's market value can be influenced by many factors that don't directly affect Equinox Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinox Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinox Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinox Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.