Equinox Gold Corp Stock Analysis
| EQX Stock | CAD 9.70 0.09 0.92% |
Equinox Gold Corp is undervalued with Real Value of 11.26 and Hype Value of 9.6. The main objective of Equinox Gold stock analysis is to determine its intrinsic value, which is an estimate of what Equinox Gold Corp is worth, separate from its market price. There are two main types of Equinox Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Equinox Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Equinox Gold's stock to identify patterns and trends that may indicate its future price movements.
The Equinox Gold stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Equinox Gold is usually not traded on Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Equinox Stock trading window is adjusted to America/Toronto timezone.
Equinox |
Equinox Stock Analysis Notes
About 69.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.92. Some equities with similar Price to Book (P/B) outperform the market in the long run. Equinox Gold Corp last dividend was issued on the 20th of August 2019. The entity had 1:5 split on the 20th of August 2019. Equinox Gold Corp. engages in the acquisition, exploration, and development of mineral deposits. Equinox Gold Corp. was founded in 2007 and is headquartered in Vancouver, Canada. EQUINOX GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 622 people. To learn more about Equinox Gold Corp call Christian Milau at 604 558 0560 or check out https://www.equinoxgold.com.Equinox Gold Quarterly Total Revenue |
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Equinox Gold Corp Investment Alerts
| 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 |
Equinox Largest EPS Surprises
Earnings surprises can significantly impact Equinox Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-07 | 2024-06-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2018-06-21 | 2018-03-31 | -0.06 | -0.05 | 0.01 | 16 | ||
2022-02-24 | 2021-12-31 | 0.2 | 0.22 | 0.02 | 10 |
Equinox Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Equinox Gold's market, we take the total number of its shares issued and multiply it by Equinox Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Equinox Profitablity
Equinox Gold's profitability indicators refer to fundamental financial ratios that showcase Equinox Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Equinox Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Equinox Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Equinox Gold's profitability requires more research than a typical breakdown of Equinox Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.22 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.26 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.26. | Last Reported | Projected for Next Year | ||
| 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 |
Management Efficiency
Equinox Gold Corp has return on total asset (ROA) of 0.027 % which means that it generated a profit of $0.027 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1162 %, meaning that it generated $0.1162 on every $100 dollars invested by stockholders. Equinox Gold's management efficiency ratios could be used to measure how well Equinox Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of March 2025, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Equinox Gold's Net Tangible Assets are very stable compared to the past year. As of the 24th of March 2025, Return On Tangible Assets is likely to grow to 0.05, while Net Current Asset Value is likely to drop about 77.4 K.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.51 | 7.89 | |
| Net Current Asset Value | 87 K | 77.4 K | |
| Tangible Asset Value | 87 K | 77.4 K | |
| Tangible Book Value Per Share | 7.51 | 7.89 | |
| Enterprise Value Over EBITDA | 7.34 | 7.70 | |
| Price Book Value Ratio | 0.67 | 0.63 | |
| Enterprise Value Multiple | 7.34 | 7.70 | |
| Price Fair Value | 0.67 | 0.63 | |
| Enterprise Value | 3.4 B | 3.5 B |
Leadership effectiveness at Equinox Gold Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Technical Drivers
As of the 24th of March, Equinox Gold shows the Coefficient Of Variation of 803.59, mean deviation of 2.54, and Downside Deviation of 2.57. Equinox Gold Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Equinox Gold Corp Price Movement Analysis
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Equinox Gold Outstanding Bonds
Equinox Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Equinox Gold Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Equinox bonds can be classified according to their maturity, which is the date when Equinox Gold Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Equinox Gold Predictive Daily Indicators
Equinox Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Equinox Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 18218.81 | |||
| Daily Balance Of Power | (0.43) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 9.77 | |||
| Day Typical Price | 9.74 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | (0.09) |
Equinox Gold Forecast Models
Equinox Gold's time-series forecasting models are one of many Equinox Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Equinox Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Equinox Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Equinox Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Equinox shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Equinox Gold. By using and applying Equinox Stock analysis, traders can create a robust methodology for identifying Equinox entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.42 | 0.44 | |
| Operating Profit Margin | 0.16 | 0.17 | |
| Net Profit Margin | 0.22 | 0.24 | |
| Gross Profit Margin | 0.35 | 0.36 |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Equinox Gold to your portfolios without increasing risk or reducing expected return.Did you try this?
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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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.