Equinox Gold Corp. (TSE:EQX - Get Free Report)'s stock price fell 7.7% during mid-day trading on Wednesday . The company traded as low as C$7.15 and last traded at C$7.22. 823,743 shares changed hands during trading, an increase of 56% from the average session volume of 528,745 shares. The stock had previously closed at C$7.82.
Analyst Upgrades and Downgrades
EQX has been the topic of a number of recent research reports. Desjardins upgraded shares of Equinox Gold from a "hold" rating to a "buy" rating in a research note on Tuesday, January 30th. National Bank Financial restated a "sector perform spec overwgt" rating on shares of Equinox Gold in a research report on Monday, April 8th.
Check Out Our Latest Research Report on Equinox Gold
Equinox Gold Trading Down 7.8 %
The stock has a market capitalization of C$2.33 billion, a PE ratio of 60.08 and a beta of 0.93. The company has a debt-to-equity ratio of 41.06, a quick ratio of 1.31 and a current ratio of 1.74. The business's 50-day moving average is C$7.14 and its two-hundred day moving average is C$6.63.
Equinox Gold (TSE:EQX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 21st. The company reported C$0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.04) by C$0.05. The firm had revenue of C$405.46 million during the quarter. Equinox Gold had a net margin of 2.65% and a return on equity of 1.21%. As a group, equities research analysts anticipate that Equinox Gold Corp. will post 0.1995734 earnings per share for the current year.
About Equinox Gold
(
Get Free Report)
Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada.
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