Equinox Gold Corp (AMEX: EQX) Hogging The Spotlight Today

Currently, there are 455.23M common shares owned by the public and among those 385.70M shares have been available to trade.

The company’s stock has a 5-day price change of 3.08% and 20.38% over the past three months. EQX shares are trading 40.04% year to date (YTD), with the 12-month market performance up to 19.56% higher. It has a 12-month low price of $4.48 and touched a high of $7.37 over the same period. EQX has an average intraday trading volume of 10.63 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.29%, 4.92%, and 18.63% respectively.

Institutional ownership of Equinox Gold Corp (AMEX: EQX) shares accounts for 55.44% of the company’s 455.23M shares outstanding.

It has a market capitalization of $3.21B and a beta (3y monthly) value of 1.13. The stock’s trailing 12-month PE ratio is 13.21, while the earnings-per-share (ttm) stands at $0.53. The company has a PEG of 0.18 and a Quick Ratio of 0.53 with the debt-to-equity ratio at 0.42. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.88% over the week and 5.27% over the month.

Analysts forecast that Equinox Gold Corp (EQX) will achieve an EPS of 0.13 for the current quarter, 0.2 for the next quarter and 1.33 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.11 while analysts give the company a high EPS estimate of 0.11. Comparatively, EPS for the current quarter was -0.04 a year ago. Earnings per share for the fiscal year are expected to increase by 317.29%, and 33.49% over the next financial year.

Looking at the support for the EQX, a number of firms have released research notes about the stock. TD Cowen stated their Hold rating for the stock in a research note on February 04, 2025, with the firm’s price target at $35. CIBC on their part issued Sector Underperform rating on January 12, 2023.

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