Equinox Gold Corp

Company Profile

Equinox Gold Corp had its IPO on 2018-08-03 under the ticker symbol EQX.

The company operates in the Basic Materials sector and Gold industry. Equinox Gold Corp has a staff strength of 0 employees.

Stock update

Shares of Equinox Gold Corp opened at $4.72 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $4.66 - $4.94, and closed at $4.85.

This is a +2.11% increase from the previous day's closing price.

A total volume of 1,007,626 shares were traded at the close of the day’s session.

In the last one week, shares of Equinox Gold Corp have slipped by -1.22%.

Equinox Gold Corp's Key Ratios

Equinox Gold Corp has a market cap of $1.53 billion, indicating a price to book ratio of 0.4379 and a price to sales ratio of 0.9955.

In the last 12-months Equinox Gold Corp’s revenue was $963.12 million with a gross profit of $262.67 million and an EBITDA of $208.42 million. The EBITDA ratio measures Equinox Gold Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Equinox Gold Corp’s operating margin was -0.11% while its return on assets stood at -0.02% with a return of equity of -2.8%.

In Q1, Equinox Gold Corp’s quarterly earnings growth was a negative -81% while revenue growth was a positive 4.9%.

Equinox Gold Corp’s PE and PEG Ratio

Forward PE

48.5437

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.23 per share while it has a forward price to earnings multiple of 48.5437 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Equinox Gold Corp’s profitability.

Equinox Gold Corp stock is trading at a EV to sales ratio of 1.2314 and a EV to EBITDA ratio of 39.974. Its price to sales ratio in the trailing 12-months stood at 0.9955.

Equinox Gold Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.03 billion

Total Liabilities

$260.72 million

Operating Cash Flow

$-56773000.00

Capital Expenditure

$127.90 million

Dividend Payout Ratio

0%

Equinox Gold Corp ended 2024 with $4.03 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.03 billion while shareholder equity stood at $2.39 billion.

Equinox Gold Corp ended 2024 with $0 in deferred long-term liabilities, $260.72 million in other current liabilities, 2056746000.00 in common stock, $337.07 million in retained earnings and $0 in goodwill. Its cash balance stood at $284.91 million and cash and short-term investments were $418.82 million. The company’s total short-term debt was $0 while long-term debt stood at $832.68 million.

Equinox Gold Corp’s total current assets stands at $859.35 million while long-term investments were $33.04 million and short-term investments were $133.91 million. Its net receivables were $78.20 million compared to accounts payable of $0 and inventory worth $308.99 million.

In 2024, Equinox Gold Corp's operating cash flow was $-56773000.00 while its capital expenditure stood at $127.90 million.

Comparatively, Equinox Gold Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$4.85

52-Week High

$6.15

52-Week Low

$2.35

Analyst Target Price

$6.69

Equinox Gold Corp stock is currently trading at $4.85 per share. It touched a 52-week high of $6.15 and a 52-week low of $6.15. Analysts tracking the stock have a 12-month average target price of $6.69.

Its 50-day moving average was $4.9 and 200-day moving average was $4.53 The short ratio stood at 4.74 indicating a short percent outstanding of 0%.

Around 848.6% of the company’s stock are held by insiders while 5023.2% are held by institutions.