Equinox Gold Corp. (AMEX:EQX) went up by 6.95% from its latest closing price compared to the recent 1-year high of $13.29. The company’s stock price has collected -4.37% of loss in the last five trading sessions. Press Release reported 16 hours ago that (CNW) Metalla Adds 5% Royalty on Equinox Gold’s Castle Mountain Gold Mine
Is It Worth Investing in Equinox Gold Corp. (AMEX :EQX) Right Now?
Equinox Gold Corp. (AMEX:EQX) scored a price-to-earnings ratio above its average ratio, recording 5.11 x from its present earnings ratio. Plus, the 36-month beta value for EQX is at 0.71. Opinions of the stock are interesting as 9 analysts out of 12 who provided ratings for Equinox Gold Corp. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $11.43. EQX currently public float of 259.16M and currently shorts hold a 4.38% ratio of that float. Today, the average trading volume of EQX was 1.74M shares.
EQX’s Market Performance
EQX stocks went down by -4.37% for the week, with a monthly jump of 17.18% and a quarterly performance of -20.46%, while its annual performance rate touched -37.35%. The volatility ratio for the week stands at 5.40% while the volatility levels for the past 30 days are set at 3.93% for Equinox Gold Corp.. The simple moving average for the period of the last 20 days is 7.73% for EQX stocks with a simple moving average of -14.98% for the last 200 days.
EQX Trading at 8.46% from the 50-Day Moving Average
After a stumble in the market that brought EQX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.60% of loss for the given period.
Volatility was left at 3.93%, however, over the last 30 days, the volatility rate increased by 5.40%, as shares surge +12.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.63% upper at present.
During the last 5 trading sessions, EQX fell by -4.37%, which changed the moving average for the period of 200-days by -24.92% in comparison to the 20-day moving average, which settled at $6.75. In addition, Equinox Gold Corp. saw -30.08% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EQX
Current profitability levels for the company are sitting at:
- +22.33 for the present operating margin
- +32.77 for the gross margin
The net margin for Equinox Gold Corp. stands at +2.46. The total capital return value is set at 14.72, while invested capital returns managed to touch 1.67. Equity return is now at value 27.10, with 15.40 for asset returns.
Based on Equinox Gold Corp. (EQX), the company’s capital structure generated 38.99 points at debt to equity in total, while total debt to capital is 28.05. Total debt to assets is 21.11, with long-term debt to equity ratio resting at 37.45. Finally, the long-term debt to capital ratio is 26.94.
When we switch over and look at the enterprise to sales, we see a ratio of 2.79, with the company’s debt to enterprise value settled at 0.23. The receivables turnover for the company is 21.18 and the total asset turnover is 0.50. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.90.