Equinox Gold Corp Stock Performance
| EQX Stock | CAD 9.79 0.21 2.10% |
On a scale of 0 to 100, Equinox Gold holds a performance score of 12. The firm shows a Beta (market volatility) of 0.53, which means possible diversification benefits within a given portfolio. As returns on the market increase, Equinox Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Equinox Gold is expected to be smaller as well. Please check Equinox Gold's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Equinox Gold's price patterns will revert.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Equinox Gold Corp are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Equinox Gold displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:5 | Dividend Date 2019-08-20 | Last Split Date 2019-08-20 |
1 | Implied Volatility Surging for Equinox Gold Stock Options - Yahoo Finance | 01/02/2025 |
2 | Equinox Gold Stock Price Up 6.6 percent - Whats Next - MarketBeat | 01/08/2025 |
3 | Did Equinox Gold Close Shortened Trading Week Higher - MSN | 01/13/2025 |
4 | Equinox Gold Q4 Earnings Date Set Key 2025 Production Outlook Coming - StockTitan | 02/05/2025 |
5 | Analysts Set Expectations for Equinox Gold FY2025 Earnings - MarketBeat | 02/14/2025 |
6 | Acuitas Investments LLC Sells 326,176 Shares of Equinox Gold Corp. - MarketBeat | 02/21/2025 |
7 | Equinox Gold signs all-stock deal worth about 2.6B to acquire Calibre Mining - Daily Commercial News | 02/27/2025 |
8 | Why Equinox Gold Is A Cheap Gold Stock to Invest in Right Now - Yahoo Finance UK | 03/11/2025 |
9 | Top Calibre Investor Opposes Equinoxs 1.8 Billion Takeover - Yahoo Finance | 03/18/2025 |
| Begin Period Cash Flow | 192 M |
Equinox |
Equinox Gold Relative Risk vs. Return Landscape
If you would invest 736.00 in Equinox Gold Corp on December 23, 2024 and sell it today you would earn a total of 243.00 from holding Equinox Gold Corp or generate 33.02% return on investment over 90 days. Equinox Gold Corp is generating 0.5109% of daily returns assuming 3.2042% volatility of returns over the 90 days investment horizon. Simply put, 28% of all stocks have less volatile historical return distribution than Equinox Gold, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Equinox Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Equinox Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Equinox Gold Corp, and traders can use it to determine the average amount a Equinox Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1595
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Equinox Gold is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Equinox Gold by adding it to a well-diversified portfolio.
Equinox Gold Fundamentals Growth
Equinox Stock prices reflect investors' perceptions of the future prospects and financial health of Equinox Gold, and Equinox Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Equinox Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.027 | ||||
| Profit Margin | 0.22 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 6.13 B | ||||
| Shares Outstanding | 456.06 M | ||||
| Price To Book | 0.92 X | ||||
| Price To Sales | 2.95 X | ||||
| Revenue | 1.51 B | ||||
| Gross Profit | 523.95 M | ||||
| EBITDA | 439.82 M | ||||
| Net Income | 339.29 M | ||||
| Cash And Equivalents | 200.77 M | ||||
| Cash Per Share | 2.05 X | ||||
| Total Debt | 135.59 M | ||||
| Debt To Equity | 0.56 % | ||||
| Current Ratio | 3.62 X | ||||
| Book Value Per Share | 7.46 X | ||||
| Cash Flow From Operations | 372.18 M | ||||
| Earnings Per Share | 1.07 X | ||||
| Market Capitalization | 4.46 B | ||||
| Total Asset | 6.71 B | ||||
| Retained Earnings | 613.66 M | ||||
| Working Capital | 95.01 M | ||||
About Equinox Gold Performance
By examining Equinox Gold's fundamental ratios, stakeholders can obtain critical insights into Equinox Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Equinox Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 153.92 | 161.61 | |
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.10 | 0.10 |
Things to note about Equinox Gold Corp performance evaluation
Checking the ongoing alerts about Equinox Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Equinox Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Equinox Gold Corp appears to be risky and price may revert if volatility continues | |
| About 69.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Top Calibre Investor Opposes Equinoxs 1.8 Billion Takeover - Yahoo Finance |
- Analyzing Equinox Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Equinox Gold's stock is overvalued or undervalued compared to its peers.
- Examining Equinox Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Equinox Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Equinox Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Equinox Gold's stock. These opinions can provide insight into Equinox Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..