Equinox Gold Shares Owned By Insiders vs. Profit Margin

EQX Stock  CAD 8.01  0.24  2.91%   
Based on the measurements of profitability obtained from Equinox Gold's financial statements, Equinox Gold Corp is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess Equinox Gold's ability to earn profits and add value for shareholders. As of the 7th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.35, while Price To Sales Ratio is likely to drop 1.34. At this time, Equinox Gold's Net Income Per E B T is very stable compared to the past year.
For Equinox Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Equinox Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Equinox Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Equinox Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Equinox Gold Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Equinox Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinox Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinox Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Equinox Gold Corp Profit Margin vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Equinox Gold's current stock value. Our valuation model uses many indicators to compare Equinox Gold value to that of its competitors to determine the firm's financial worth.
Equinox Gold Corp is one of the top stocks in shares owned by insiders category among its peers. It is rated # 3 in profit margin category among its peers fabricating about  0.03  of Profit Margin per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Profit Margin for Equinox Gold Corp is roughly  30.36 . At this time, Equinox Gold's Net Profit Margin is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Equinox Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Equinox Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Equinox Profit Margin vs. Shares Owned By Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Equinox Gold

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
6.02 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Equinox Gold

Profit Margin

 = 

Net Income

Revenue

X

100

 = 
0.20 %
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.

Equinox Profit Margin Comparison

Equinox Gold is currently under evaluation in profit margin category among its peers.

Equinox Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Equinox Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Equinox Gold will eventually generate negative long term returns. The profitability progress is the general direction of Equinox Gold's change in net profit over the period of time. It can combine multiple indicators of Equinox Gold, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income8.3 M7.9 M
Operating Income49.6 M52.1 M
Net Income28.9 M25.4 M
Income Tax Expense-14.1 M-13.4 M
Income Before Tax14.8 M14 M
Total Other Income Expense Net13.7 M8.4 M
Net Income From Continuing Ops28.9 M52.9 M
Net Loss-121.9 M-115.8 M
Net Interest Income-48.5 M-46.1 M
Interest Income11.7 M18.8 M
Change To Netincome55.3 M58.1 M
Net Income Per Share 0.09  0.10 
Income Quality 12.41  13.03 
Net Income Per E B T 1.96  2.05 

Equinox Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Equinox Gold. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Equinox Gold position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Equinox Gold's important profitability drivers and their relationship over time.

Use Equinox Gold in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equinox Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equinox Gold will appreciate offsetting losses from the drop in the long position's value.

Equinox Gold Pair Trading

Equinox Gold Corp Pair Trading Analysis

The ability to find closely correlated positions to Equinox Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinox Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equinox Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equinox Gold Corp to buy it.
The correlation of Equinox Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equinox Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinox Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equinox Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Equinox Gold position

In addition to having Equinox Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large & Mid Caps ETFs theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large & Mid Caps ETFs Theme or any other thematic opportunities.
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When determining whether Equinox Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinox Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinox Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinox Gold Corp Stock:
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You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
To fully project Equinox Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Equinox Gold Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Equinox Gold's income statement, its balance sheet, and the statement of cash flows.
Potential Equinox Gold investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Equinox Gold investors may work on each financial statement separately, they are all related. The changes in Equinox Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Equinox Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.