Equinox Gold (EQX) Stock Price, News & Analysis

Company Overview

Equinox Gold is a gold mining company focused on the acquisition, exploration, development and operation of gold mining assets in the Americas. Headquartered in Vancouver, British Columbia, the company pursues a growth strategy centered on maximizing production from its core portfolio of mines while advancing a pipeline of brownfields and greenfields projects. Equinox Gold’s integrated approach spans feasibility studies, permitting, construction, and mine operations, positioning it as a diversified mid-tier gold producer.

The company’s producing assets include the Los Filos complex in Mexico, the Mesquite mine in California, the Aurizona operation in Brazil, and the Castle Mountain mine in California, among others. These assets feature open-pit mining methods and conventional milling processes, delivering gold doré and concentrate. Equinox Gold also maintains exploration activities across its leasehold areas and holds several advanced development projects aimed at extending mine life and enhancing throughput capacity.

Equinox Gold’s portfolio extends across North and South America, with notable operations in Mexico, the United States, Brazil and Suriname. In Canada, the company is advancing the Greenstone project in Ontario, which is designed to become a cornerstone asset in its growth pipeline. By maintaining per­mitting and community engagement programs in each jurisdiction, Equinox Gold seeks to uphold environmental and social standards while fostering strong relationships with local stakeholders.

Since its inception in 2017, Equinox Gold has grown through strategic acquisitions and mergers, including the combination with Leagold Mining. Under the leadership of President and Chief Executive Officer Christian Milau, the company’s management team draws on extensive experience in mine development and operations. Equinox Gold continues to pursue value-accretive opportunities that leverage its technical expertise and operating synergies across its diversified asset base.

Key Stats

• Today's Range: $5.71 to $5.87
• 50-Day Range: $5.68 to $7.31
• 52-Week Range: $4.48 to $7.45
• Volume: 10.93 million shs
• Average Volume: 7.75 million shs
• Market Capitalization: $4.39 billion
• P/E Ratio: 11.60
• Dividend Yield: N/A
• Price Target: $35.00
• Consensus Rating: Moderate Buy

Equinox Gold Stock Analysis - MarketRank™

Equinox Gold scored higher than 81% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Equinox Gold has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Equinox Gold has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 37.65%

Earnings Growth

Earnings for Equinox Gold are expected to grow by 37.65% in the coming year, from $0.85 to $1.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Equinox Gold is 11.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Equinox Gold is 11.60, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 93.52.

Price to Book Value per Share Ratio

Equinox Gold has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.87% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Equinox Gold has recently increased by 10.48%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Equinox Gold does not currently pay a dividend.

Dividend Growth

Equinox Gold does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.87% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Equinox Gold has recently increased by 10.48%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: N/A

News Sentiment

Equinox Gold has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Equinox Gold this week, compared to 4 articles on an average week.

Search Interest

9 people have searched for EQX on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

8 people have added Equinox Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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 38.85% of the stock of Equinox Gold is held by institutions.

EQX Stock Analysis - Frequently Asked Questions

How have EQX shares performed this year?

Equinox Gold's stock was trading at $5.31 at the beginning of 2025. Since then, EQX shares have increased by 9.2% and is now trading at $5.80.

How were Equinox Gold's earnings last quarter?

Equinox Gold Corp. (NYSEAMERICAN:EQX) posted its quarterly earnings results on Wednesday, May, 7th. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.19. Equinox Gold's revenue for the quarter was up 75.6% on a year-over-year basis.
Read the conference call transcript.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Equinox Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Equinox Gold investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AU Optronics (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 5/07/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: MINING - GOLD
• Sub-Industry: Precious Metals
• Current Symbol: NYSEAMERICAN:EQX
• CIK: 1756607
• Web: www.equinoxgold.com
• Phone: (604) 558-0560
• Fax: N/A
• Employees: 3,692
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $35.00
• High Stock Price Target: $35.00
• Low Stock Price Target: $35.00
• Potential Upside/Downside: +503.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.54
• Trailing P/E Ratio: 34.12
• Forward P/E Ratio: 6.82
• P/E Growth: N/A
• Net Income: $339.29 million
• Net Margins: 13.96%
• Pretax Margin: 35.33%
• Return on Equity: 2.20%
• Return on Assets: 1.08%

Debt

• Debt-to-Equity Ratio: 0.38
• Current Ratio: 0.85
• Quick Ratio: 0.50

Sales & Book Value

• Annual Sales: $1.51 billion
• Price / Sales: 2.90
• Cash Flow: $0.70 per share
• Price / Cash Flow: 8.27
• Book Value: $7.46 per share
• Price / Book: 0.78

Miscellaneous

• Outstanding Shares: 756,200,000
• Free Float: 418,061,000
• Market Cap: $4.39 billion
• Optionable: Not Optionable
• Beta: 1.11