Should I buy or sell Equinox Gold stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinox Gold in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" EQX shares. View EQX analyst ratings or view top-rated stocks .

What is Equinox Gold's stock price target for 2024?

2 Wall Street research analysts have issued 12-month price objectives for Equinox Gold's shares. Their EQX share price targets range from $9.50 to $20.00. On average, they anticipate the company's stock price to reach $14.35 in the next year. This suggests a possible upside of 164.8% from the stock's current price. View analysts price targets for EQX or view top-rated stocks among Wall Street analysts .

How have EQX shares performed in 2023?

Equinox Gold's stock was trading at $4.00 on January 1st, 2023. Since then, EQX shares have increased by 35.5% and is now trading at $5.42. View the best growth stocks for 2023 here .

Are investors shorting Equinox Gold?

Equinox Gold saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 14,980,000 shares, a decrease of 6.9% from the October 15th total of 16,090,000 shares. Based on an average daily volume of 2,190,000 shares, the short-interest ratio is presently 6.8 days. Approximately 5.2% of the company's stock are short sold. View Equinox Gold's Short Interest .

How were Equinox Gold's earnings last quarter?

Equinox Gold Corp. (NYSEAMERICAN:EQX) announced its quarterly earnings results on Tuesday, October, 31st. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.12. The business earned $284.75 million during the quarter. Equinox Gold had a net margin of 4.53% and a trailing twelve-month return on equity of 0.91%.

What ETFs hold Equinox Gold's stock?

ETFs with the largest weight of Equinox Gold (NYSEAMERICAN:EQX) stock in their portfolio include U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) , Global X Gold Explorers ETF (GOEX) , VanEck Junior Gold Miners ETF (GDXJ) , Sprott Gold Miners ETF (SGDM) , iShares MSCI Global Gold Miners ETF (RING) , WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) and VanEck Gold Miners ETF (GDX) . Sprott Junior Gold Miners ETF (SGDJ) .

Who are Equinox Gold's major shareholders?

Equinox Gold's stock is owned by many different retail and institutional investors. Top institutional investors include Van ECK Associates Corp (9.92%), Sprott Inc. (2.69%), Mackenzie Financial Corp (0.89%), Euro Pacific Asset Management LLC (0.72%), CenterBook Partners LP (0.59%) and American Century Companies Inc. (0.45%).

How do I buy shares of Equinox Gold?

Shares of EQX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Equinox Gold Stock Price, News & Analysis (NYSEAMERICAN:EQX)

$5.42

-0.18 (-3.21%)

(As of 12/4/2023 ET)

Compare

Today's Range: $5.34
▼
$5.54
50-Day Range: N/A
52-Week Range: $3.21
▼
$5.84

Volume: 2.93 million shs
Average Volume: 2.10 million shs
Market Capitalization: $1.70 billion

P/E Ratio: 36.13
Dividend Yield: N/A
Price Target: $14.35

Stock Analysis Analyst Forecasts Chart Earnings Headlines Ownership Short Interest

Equinox Gold MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.50 Rating Score
Upside/Downside: 164.8% Upside
$14.35 Price Target
Short Interest: Bearish
5.10% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.03) to $0.29 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.76 out of 5 stars

2.8

Analyst's Opinion

Consensus Rating
Equinox Gold has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $14.35, Equinox Gold has a forecasted upside of 164.8% from its current price of $5.42.
Amount of Analyst Coverage
Equinox Gold has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.10% of the float of Equinox Gold has been sold short.
Short Interest Ratio / Days to Cover
Equinox Gold has a short interest ratio ("days to cover") of 6.6.
Change versus previous month
Short interest in Equinox Gold has recently decreased by 2.67%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Equinox Gold does not currently pay a dividend.
Dividend Growth
Equinox Gold does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EQX.

0.6

News and Social Media Coverage

Search Interest
Only 1 people have searched for EQX on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
6 people have added Equinox Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Equinox Gold insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.35% of the stock of Equinox Gold is held by insiders.
Percentage Held by Institutions
Only 31.61% of the stock of Equinox Gold is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Equinox Gold are expected to grow in the coming year, from ($0.03) to $0.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Equinox Gold is 36.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Equinox Gold is 36.13, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 92.11.
Price to Book Value per Share Ratio
Equinox Gold has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Equinox Gold Stock (NYSEAMERICAN:EQX)

Equinox Gold Corp. engages in the operation, acquisition, exploration, and development of mineral properties in the Americas. The company primarily explores for gold and silver deposits. It holds 100% interest in the Mesquite Gold Mine and Castle Mountain Gold Mine located in California, the United States; Los Filos Mine Complex located in Guerrero State, Mexico; Aurizona Gold Mine located in Maranhão State, Brazil; Fazenda Gold Mine and Santa Luz Gold Mine located in Bahia State, Brazil; and RDM Gold Mine located in Mina Gerais State, Brazil. The company was formerly known as Trek Mining Inc. and changed its name to Equinox Gold Corp. in December 2017. Equinox Gold Corp. was incorporated in 2007 and is based in Vancouver, Canada.

EQX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EQX Stock News Headlines

November 20, 2023 | finance.yahoo.com

Equinox Gold's Greenstone Project: 96% Complete, Commissioning Underway

November 16, 2023 | morningstar.com

Equinox Gold Corp Ordinary Shares Class A

December 4, 2023 | DTI Trader (Ad)

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November 5, 2023 | seekingalpha.com

Equinox Gold: Greenstone Project Is Nearly Completed

November 2, 2023 | finance.yahoo.com

Equinox Gold Corp. (AMEX:EQX) Q3 2023 Earnings Call Transcript

October 31, 2023 | finanznachrichten.de

Equinox Gold Corp.: Equinox Gold Reports Third Quarter 2023 Financial and Operating Results

October 30, 2023 | uk.finance.yahoo.com

Equinox Gold Corp. (1LRC.F)

October 2, 2023 | msn.com

Equinox Gold: Despite Higher AISC, Good Miner At A Discount

December 4, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

September 28, 2023 | finanznachrichten.de

Equinox Gold Corp.: Equinox Gold Announces Bought Deal Offering of Convertible Senior Notes

September 27, 2023 | news.yahoo.com

Equinox versus equilux: What’s the difference and why does it matter

September 20, 2023 | msn.com

TSX Down 400 Pts In Two Straight Days As Another Rate Hike Is Expected; Equinox Gold Helps Take the Shine Off Market

September 19, 2023 | seekingalpha.com

HLP, LZM, EQX, and LITM are among materials movers

September 19, 2023 | ca.finance.yahoo.com

Canadian Investment Regulatory Organization Trade Resumption - EQX

September 11, 2023 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Equinox Gold (EQX), Fortuna Silver Mines (FSM) and Hudbay Minerals (HBM)

August 29, 2023 | finanznachrichten.de

Equinox Gold Corp.: Equinox Gold's Greenstone Project: On Schedule, On Budget

August 22, 2023 | finance.yahoo.com

Equinox Gold Corp.'s (TSE:EQX) Intrinsic Value Is Potentially 45% Above Its Share Price

August 6, 2023 | finance.yahoo.com

Equinox Gold Corp. Beat Analyst Profit Forecasts, And Analysts Have New Estimates

August 3, 2023 | msn.com

Equinox Gold: Margin Improvement In Q2

August 3, 2023 | finance.yahoo.com

Equinox Gold Reports Second Quarter 2023 Financial and Operating Results: Delivers Record Production and Revenue During the First Half of 2023

July 28, 2023 | finance.yahoo.com

Equinox Gold Publishes Water Stewardship Report

July 24, 2023 | seekingalpha.com

Equinox Gold: Massive Production Expansion Is Around The Corner

June 23, 2023 | msn.com

Canada shares lower at close of trade; S&P/TSX Composite down 0.83%

June 9, 2023 | fool.com

Equinox Gold (NYSEMKT: EQX)

May 31, 2023 | finance.yahoo.com

Insider Stock Buying Reaches US$1.2m On Equinox Gold

May 20, 2023 | theglobeandmail.com

Closing Bell: Equinox Gold Corp up on Friday (EQX)

May 11, 2023 | markets.businessinsider.com

Materials, Energy Stocks Dragging Down Canadian Market

See More Headlines

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Company Calendar

Last Earnings: 10/31/2023
Today: 12/04/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Industry: Gold & silver ores
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSEAMERICAN:EQX
CUSIP: N/A
CIK: N/A
Web: www.equinoxgold.com
Phone: (604) 558-0560
Fax: N/A
Employees: 3,317
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.35
High Stock Price Target: $20.00
Low Stock Price Target: $9.50
Potential Upside/Downside: +164.3%
Consensus Rating: Reduce
Rating Score (0-4): 1.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.15
Trailing P/E Ratio: 36.20
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-106,030,000.00
Net Margins: 4.53%
Pretax Margin: 0.13%
Return on Equity: 0.91%
Return on Assets: 0.53%

Debt

Debt-to-Equity Ratio: 0.40
Current Ratio: 2.27
Quick Ratio: 1.40

Sales & Book Value

Annual Sales: $952.20 million
Price / Sales: 1.78
Cash Flow: $0.31 per share
Price / Cash Flow: 17.56
Book Value: $7.66 per share
Price / Book: 0.71

Miscellaneous

Outstanding Shares: 312,980,000
Free Float: 286,847,000
Market Cap: $1.70 billion
Optionable: Not Optionable
Beta: 1.34

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Key Executives

Mr. Gregory D. Smith C.A. (Age 47)
CEO, President & Director
Comp: $859.34k
Mr. Peter Jeremie Hardie C.A.
CPA, Chief Financial Officer
Mr. Douglas Reddy P.Geo.
Chief Operating Officer
Ms. Susan Toews
General Counsel & Corporate Secretary
Mr. Robert Scott Heffernan M.Sc.
P.Geo., Executive Vice President of Exploration
Mr. Kelly Boychuk MBA
P.Eng., Senior Vice President of Technical Services
Ms. Rhylin Pauline Arkinstall Bailie (Age 52)
Vice President of Investor Relations
Ms. Gordana Vicentijevic
Senior Vice President of Project Development
Mr. Sebastian D'Amici
Senior Vice President of Finance & Treasury

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

EQX Stock Analysis - Frequently Asked Questions

Should I buy or sell Equinox Gold stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinox Gold in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" EQX shares.
View EQX analyst ratings or view top-rated stocks.
What is Equinox Gold's stock price target for 2024?: 2 Wall Street research analysts have issued 12-month price objectives for Equinox Gold's shares. Their EQX share price targets range from $9.50 to $20.00. On average, they anticipate the company's stock price to reach $14.35 in the next year. This suggests a possible upside of 164.8% from the stock's current price.
View analysts price targets for EQX or view top-rated stocks among Wall Street analysts.
How have EQX shares performed in 2023?: Equinox Gold's stock was trading at $4.00 on January 1st, 2023. Since then, EQX shares have increased by 35.5% and is now trading at $5.42.
View the best growth stocks for 2023 here.
Are investors shorting Equinox Gold?: Equinox Gold saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 14,980,000 shares, a decrease of 6.9% from the October 15th total of 16,090,000 shares. Based on an average daily volume of 2,190,000 shares, the short-interest ratio is presently 6.8 days. Approximately 5.2% of the company's stock are short sold.
View Equinox Gold's Short Interest.

How were Equinox Gold's earnings last quarter?: Equinox Gold Corp. (NYSEAMERICAN:EQX) announced its quarterly earnings results on Tuesday, October, 31st. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.12. The business earned $284.75 million during the quarter. Equinox Gold had a net margin of 4.53% and a trailing twelve-month return on equity of 0.91%.
What ETFs hold Equinox Gold's stock?: ETFs with the largest weight of Equinox Gold (NYSEAMERICAN:EQX) stock in their portfolio include U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), Global X Gold Explorers ETF (GOEX), VanEck Junior Gold Miners ETF (GDXJ), Sprott Gold Miners ETF (SGDM), iShares MSCI Global Gold Miners ETF (RING), WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) and VanEck Gold Miners ETF (GDX).Sprott Junior Gold Miners ETF (SGDJ).
Who are Equinox Gold's major shareholders?: Equinox Gold's stock is owned by many different retail and institutional investors. Top institutional investors include Van ECK Associates Corp (9.92%), Sprott Inc. (2.69%), Mackenzie Financial Corp (0.89%), Euro Pacific Asset Management LLC (0.72%), CenterBook Partners LP (0.59%) and American Century Companies Inc. (0.45%).
How do I buy shares of Equinox Gold?: Shares of EQX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:EQX) was last updated on 12/4/2023 by MarketBeat.com Staff

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