Equinox Gold (ASE) (EQX)
XASE:EQX
EQX Stock Chart & Stats
$15.61
$0.52(9.85%)
At close: 4:00 PM EST
$15.61
$0.52(9.85%)
Day’s Range― - ―
52-Week Range$5.61 - $18.96
Previous Close$5.78
Volume11.33M
Average Volume (3M)9.30M
Market Cap
$10.70B
Enterprise Value$10.93B
Total Cash (Recent Filing)$499.62M
Total Debt (Recent Filing)$614.73M
Price to Earnings (P/E)16.1
Beta1.12
Next Earnings
Aug 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.86
Shares Outstanding788,281,900
10 Day Avg. Volume9,583,643
30 Day Avg. Volume9,297,818
Financial Highlights & Ratios
PEG Ratio-0.76
Price to Book (P/B)1.53
Price to Sales (P/S)4.79
P/FCF Ratio-1.32K
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue3.84
Enterprise Value/Gross Profit9.03
Enterprise Value/Ebitda7.92
Forecast
1Y Price Target
$22.13Price Target Upside41.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)1.06
Revenue Forecast (FY)$2.77B
Bulls Say, Bears Say
Bulls Say
Deleveraging & LiquidityMaterial deleveraging and near‑term liquidity improvement strengthen financial resilience. Lower net debt and a refinanced RCF reduce interest and refinancing risk, giving management flexibility to fund capex, weather commodity cycles, pursue opportunistic M&A or sustain returns without immediate external financing.
Improved ProfitabilityA sizable step‑up in scale and margins indicates the business is converting higher production into durable earnings. Sustained gross and net margins support cash generation across cycles, improving coverage of sustaining capex and royalties and making cash flows less sensitive to short swings in realized metal prices.
Production Ramp & PipelineProgress ramping Greenstone and Valentine toward nameplate and a stated >500k oz/yr long‑term profile imply rising, more predictable production. Successful ramps plus pipeline projects (Valentine Phase 2, Castle Mountain) should diversify production mix and underpin medium‑term cash flow durability if execution continues.
Bears Say
Valentine Grade & Cost PressureEarly‑stage mining dilution and grade reconciliation issues at Valentine have raised unit costs and AISC, threatening margin sustainability until mining control and sequencing improve. If persistent, these issues can materially raise per‑ounce costs and reduce free cash flow generation over multiple quarters.
Weak Free Cash Flow ConversionAlthough operating cash has recovered, free cash flow remains a small fraction of accounting earnings, limiting discretionary spending. Low cash conversion reduces ability to fund growth from operations, increases reliance on asset sales or external financing, and constrains sustainable dividends or buybacks.
Near‑term CapEx & Execution RiskSignificant near‑term capital commitments (eg, ~$80M shear key at Greenstone) consume liquidity and carry execution and timing risk. Cost overruns or delays can defer production benefits, raise sustaining capex, and pressure medium‑term cash flows despite improved balance sheet metrics.
Equinox Gold News
EQX FAQ
What was Equinox Gold (ASE)’s price range in the past 12 months?
Equinox Gold (ASE) lowest stock price was $5.61 and its highest was $18.96 in the past 12 months.
What is Equinox Gold (ASE)’s market cap?
Equinox Gold (ASE)’s market cap is $10.70B.
When is Equinox Gold (ASE)’s upcoming earnings report date?
Equinox Gold (ASE)’s upcoming earnings report date is Aug 05, 2026 which is in 63 days.
How were Equinox Gold (ASE)’s earnings last quarter?
Equinox Gold (ASE) released its earnings results on May 06, 2026. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.289 by -$0.059.
Is Equinox Gold (ASE) overvalued?
According to Wall Street analysts Equinox Gold (ASE)’s price is currently Undervalued.
Does Equinox Gold (ASE) pay dividends?
Equinox Gold (ASE) does not currently pay dividends.
What is Equinox Gold (ASE)’s EPS estimate?
Equinox Gold (ASE)’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Equinox Gold (ASE) have?
Equinox Gold (ASE) has 788,281,900 shares outstanding.
What happened to Equinox Gold (ASE)’s price movement after its last earnings report?
Equinox Gold (ASE) reported an EPS of $0.23 in its last earnings report, missing expectations of $0.289. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Equinox Gold (ASE)?
Currently, no hedge funds are holding shares in EQX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Equinox Gold Stock Smart Score
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$22.13 (41.74% Upside)
$22.13 (41.74% Upside)
Blogger Sentiment
Bullish
EQX Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 4.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $33.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.6%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
88.96%
12-Months-Change
Fundamentals
Return on Equity
10.73%
Trailing 12-Months
Asset Growth
44.77%
Trailing 12-Months
Company Description
Equinox Gold (ASE)
Equinox Gold Corp. engages in the operation, acquisition, exploration, and development of mineral properties. The company primarily explores for gold and silver deposits. Its properties include the Aurizona gold mine located in Maranhão State; the RDM gold mine located in Minas Gerais State; and Fazenda gold mine and the Santa Luz gold mine located in Bahia State, Brazil. The company also hold interests in the Mesquite gold mine and the Castle Mountain property situated in California, the United States; and the Los Filos Gold Mine located in Guerrero State, Mexico. In addition, it holds a 60% interest in the Greenstone project located in Ontario, Canada. The company was formerly known as Trek Mining Inc. and changed its name to Equinox Gold Corp. in December 2017. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
EQX Company Deck
EQX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was broadly positive: management reported strong production, robust adjusted EBITDA ($527M), solid net income ($310M), substantial deleveraging (repayment of $990M of debt), improved liquidity (nearly $1B available) and meaningful ramp progress at Greenstone and Valentine (throughput up 6% at Greenstone and post‑shutdown mill at Valentine running at 124% of nameplate). Notable operational challenges were weather‑related impacts, early ramp selectivity and grade reconciliation issues (especially at Valentine and localized turnover at Greenstone), and near‑term capital demands (e.g., Greenstone shear key ~ $80M). Overall, the positives — financial strength, cash generation, liquidity and clear project execution plans — materially outweigh the operational ramp and weather headwinds, which management characterized as addressable.View all EQX earnings summariesEQX Stock 12 Month Forecast
Average Price Target
$22.13
▲(41.74% Upside)
Technical Analysis
Ownership Overview
4.13% Insiders
8.49% Mutual Funds
17.11% Other Institutional Investors
52.71% Public Companies and
Individual Investors