Equinox Gold Corp (AMEX: EQX) has a higher price-to-earnings ratio of 11.29x compared to its average ratio. EQX has 36-month beta value of 1.21. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for EQX is 385.70M, and currently, short sellers hold a 6.38% ratio of that float. The average trading volume of EQX on April 07, 2025 was 8.97M shares.
EQX) stock’s latest price update
Equinox Gold Corp (AMEX: EQX) has experienced a decline in its stock price by -8.38 compared to its previous closing price of 6.56. However, the company has seen a fall of -12.52% in its stock price over the last five trading days. newsfilecorp.com reported 2025-04-01 that Vancouver, British Columbia–(Newsfile Corp. – April 1, 2025) – Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) has indefinitely suspended operations at its Los Filos Mine in Guerrero, Mexico, following the expiry of its land access agreement with the community of Carrizalillo on March 31, 2025. Long-term agreements with all three local communities are essential to provide the economic and investment conditions necessary for continued operations at the Los Filos Mine, including the proposed construction of a new 10,000 tonnes-per-day carbon-in-leach processing plant to increase gold recoveries from higher-grade ore.
EQX’s Market Performance
Equinox Gold Corp (EQX) has seen a -12.52% fall in stock performance for the week, with a -7.54% decline in the past month and a 13.18% surge in the past quarter. The volatility ratio for the week is 5.84%, and the volatility levels for the past 30 days are at 4.33% for EQX. The simple moving average for the last 20 days is -10.96% for EQX’s stock, with a simple moving average of 2.57% for the last 200 days.
Analysts’ Opinion of EQX
Many brokerage firms have already submitted their reports for EQX stocks, with TD Cowen repeating the rating for EQX by listing it as a “Hold.” The predicted price for EQX in the upcoming period, according to TD Cowen is $35 based on the research report published on February 04, 2025 of the current year 2025.
EQX Trading at -9.20% 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 -16.99% of loss for the given period.
Volatility was left at 4.33%, however, over the last 30 days, the volatility rate increased by 5.84%, as shares sank -9.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.00% upper at present.
During the last 5 trading sessions, EQX fell by -12.52%, which changed the moving average for the period of 200-days by +12.97% in comparison to the 20-day moving average, which settled at $6.75. In addition, Equinox Gold Corp saw 19.72% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EQX
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.25 for the gross margin
The net margin for Equinox Gold Corp stands at 0.22. The total capital return value is set at 0.04. Equity return is now at value 9.23, with 4.87 for asset returns.
Based on Equinox Gold Corp (EQX), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 2.52.
Currently, EBITDA for the company is 460.58 million with net debt to EBITDA at 2.63. When we switch over and look at the enterprise to sales, we see a ratio of 2.54. The receivables turnover for the company is 21.62for trailing twelve months and the total asset turnover is 0.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.
Conclusion
To put it simply, Equinox Gold Corp (EQX) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
