Equinox Gold Corp (AMEX: EQX) has experienced a decline in its stock price by -3.71 compared to its previous closing price of 7.28. However, the company has seen a gain of 8.01% in its stock price over the last five trading days. newsfilecorp.com reported 2025-04-16 that Vancouver, British Columbia–(Newsfile Corp. – April 16, 2025) – Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce that independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”) have issued positive voting recommendations to shareholders of Equinox Gold for the proposed business combination with Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF) (“Calibre”). The deadline for voting by proxy is 1:30 pm (Vancouver time) on April 22, 2025.
Is It Worth Investing in Equinox Gold Corp (AMEX: EQX) Right Now?
The price-to-earnings ratio for Equinox Gold Corp (AMEX: EQX) is 13.17x, which is above its average ratio. Moreover, the 36-month beta value for EQX is 1.14. Analysts have varying opinions 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 5.85% of that float. On April 21, 2025, EQX’s average trading volume was 10.46M shares.
EQX’s Market Performance
EQX’s stock has seen a 8.01% increase for the week, with a 1.15% rise in the past month and a 19.62% gain in the past quarter. The volatility ratio for the week is 3.88%, and the volatility levels for the past 30 days are at 5.08% for Equinox Gold Corp The simple moving average for the last 20 days is 5.14% for EQX’s stock, with a simple moving average of 18.47% 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 4.73% 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 -4.88% of loss for the given period.
Volatility was left at 5.08%, however, over the last 30 days, the volatility rate increased by 3.88%, as shares surge +0.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.26% upper at present.
During the last 5 trading sessions, EQX rose by +8.01%, which changed the moving average for the period of 200-days by +34.55% in comparison to the 20-day moving average, which settled at $6.67. In addition, Equinox Gold Corp saw 39.64% 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 2.84. 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 wrap up, the performance of Equinox Gold Corp (EQX) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
