Equinox Gold (TSE:EQX) Earns "Sector Perform Spec Overwgt" Rating from National Bank Financial

Equinox Gold logo with Basic Materials background

National Bank Financial reissued their sector perform spec overwgt rating on shares of Equinox Gold (TSE:EQX - Free Report) in a research report released on Monday morning.

Separately, Desjardins upgraded Equinox Gold from a hold rating to a buy rating in a research report on Tuesday, January 30th.

View Our Latest Stock Analysis on EQX

Equinox Gold Stock Performance

Shares of TSE:EQX traded down C$0.09 during trading on Monday, hitting C$8.22. The stock had a trading volume of 974,135 shares, compared to its average volume of 531,940. The stock has a 50-day simple moving average of C$6.82 and a two-hundred day simple moving average of C$6.50. The stock has a market capitalization of C$2.66 billion, a price-to-earnings ratio of 68.50 and a beta of 0.93. Equinox Gold has a 12-month low of C$5.36 and a 12-month high of C$8.79. The company has a quick ratio of 1.31, a current ratio of 1.74 and a debt-to-equity ratio of 41.06.

Equinox Gold (TSE:EQX - Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The company reported C$0.01 earnings per share for the quarter, topping the consensus estimate of C($0.04) by C$0.05. The company had revenue of C$405.46 million for the quarter. Equinox Gold had a return on equity of 1.21% and a net margin of 2.65%. On average, equities research analysts expect that Equinox Gold will post 0.1995734 earnings per share for the current fiscal 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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