Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Equinox Gold (ASE) (EQX)
:EQX
Holding EQX?
Track your performance easily
EQX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$3.95 - $6.50
Previous Close$5.78
Volume11.33M
Average Volume (3M)5.37M
Market Cap
$2.66B
Enterprise Value$5.35B
Total Cash (Recent Filing)$41.43M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)9.7
Beta1.45
Next Earnings
Feb 19, 2025EPS Estimate
0.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.60
Shares Outstanding455,395,840
10 Day Avg. Volume6,903,416
30 Day Avg. Volume5,373,291
Standard Deviation0.15
R-Squared0.20
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.29
Price to Cash Flow (P/CF)5.10
P/FCF Ratio46.60
Enterprise Value/Market Cap2.01
Enterprise Value/Revenue4.33
Enterprise Value/Gross Profit49.76
Enterprise Value/Ebitda7.18
Forecast
1Y Price Target
$7.46Price Target Upside27.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Equinox Gold News
PremiumCompany Announcements
Equinox Gold Achieves Record Gold Production in 2024
PremiumCompany Announcements
Equinox Gold’s Fazenda Mine Extends Life by Seven Years
PremiumCompany Announcements
Equinox Gold’s Greenstone Mine Achieves Production Milestone
PremiumCompany Announcements
Equinox Gold Corp Reports Record Quarterly PerformanceBulls Say, Bears Say
Bulls Say
Financial HealthThe company ended the year with $240M in cash, and debt was reduced by $180M in Q4.
Production PerformanceEquinox Gold reported Q4 production of 214koz beating BMO/consensus estimates of 205koz/199koz.
Resource ExpansionThe updated reserve and resource estimate for the Fazenda mine in Brazil increased reserves by 142%, successfully extending its reserve life through 2033.
Bears Say
Guidance AdjustmentLowering 2024 guidance reflects a slower-than-anticipated ramp up.
Operational ChallengesThe delayed ramp up stems from various minor issues.
Production PerformanceProduction at Greenstone and Santa Luz was below expectations by 10% and 36%, respectively.
---
Ownership Overview
6.18% Insiders
8.44% Mutual Funds
0.25% Other Institutional Investors
70.41% Public Companies and Individual Investors
EQX FAQ
What was Equinox Gold (ASE)’s price range in the past 12 months?
Equinox Gold (ASE) lowest stock price was $3.95 and its highest was $6.50 in the past 12 months.
What is Equinox Gold (ASE)’s market cap?
Equinox Gold (ASE)’s market cap is $2.66B.
When is Equinox Gold (ASE)’s upcoming earnings report date?
Equinox Gold (ASE)’s upcoming earnings report date is Feb 19, 2025 which is in 32 days.
How were Equinox Gold (ASE)’s earnings last quarter?
Equinox Gold (ASE) released its earnings results on Nov 07, 2024. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.098 by -$0.008.
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 is 0.21.
How many shares outstanding does Equinox Gold (ASE) have?
Equinox Gold (ASE) has 455,395,840 shares outstanding.
What happened to Equinox Gold (ASE)’s price movement after its last earnings report?
Equinox Gold (ASE) reported an EPS of $0.09 in its last earnings report, missing expectations of $0.098. Following the earnings report the stock price went up 11.946%.
Which hedge fund is a major shareholder of Equinox Gold (ASE)?
Among the largest hedge funds holding Equinox Gold (ASE)’s share is Donald Smith & Co. Inc. It holds Equinox Gold (ASE)’s shares valued at 110M.
---
Equinox Gold Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.46 (27.30% Upside)
$7.46 (27.30% Upside)
Blogger Sentiment
Bullish
EQX Sentiment 70%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 7.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $6.9 over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.4%
Last 30 Days ▼ 6.0%
Last 30 Days ▼ 6.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
29.35%
12-Months-Change
Fundamentals
Return on Equity
8.72%
Trailing 12-Months
Asset Growth
59.33%
Trailing 12-Months
Company Description
Equinox Gold (ASE)
Equinox Gold Corp. engages in the exploration of gold mining properties. It operates mesquite & Arizona gold mine, castle mountain, gold and copper projects. The company was founded by Marc Pais on March 23, 2007 and is headquartered in Vancouver, Canada.
---
EQX Company Deck
---
EQX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a strong overall performance for Equinox Gold with record production and revenue, primarily driven by the successful ramp-up and commercial production at Greenstone. However, challenges persist, particularly at Santa Luz and Los Filos, where operational and community-related issues need resolution. Despite these challenges, the company's financial position is improving, with a focus on deleveraging.Read More>---
EQX Stock 12 Month Forecast
Average Price Target
$7.46
▲(27.30% Upside)
Technical Analysis
Best Analysts Covering EQX
1 Year
1 Year Success Rate
4/8 ratings generated profit
1 Year Average Return
+14.65%
upgraded a buy rating 12 months ago
Copying John Sclodnick's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +14.65% per trade.
---