At the time of writing, Equinox Gold Corp [EQX] stock is trading at $6.63, down -0.90%. An important factor to consider is whether the stock is rising or falling in short-term value. The EQX shares have gain 9.23% over the last week, with a monthly amount glided 25.57%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Equinox Gold Corp [AMEX: EQX] stock has seen the most recent analyst activity on February 04, 2025, when TD Cowen initiated its Hold rating and assigned the stock a price target of $35. Previously, Desjardins upgraded its rating to Buy on January 30, 2024. RBC Capital Mkts upgraded its rating to a Sector Perform. CIBC downgraded its rating to a Sector Underperform. RBC Capital Mkts downgraded its rating to Underperform for this stock on October 25, 2022. In a note dated January 26, 2022, Desjardins downgraded an Hold rating on this stock.
For the past year, the stock price of Equinox Gold Corp fluctuated between $3.95 and $6.86. Equinox Gold Corp [AMEX: EQX] shares were valued at $6.63 at the most recent close of the market.
Analyzing the EQX fundamentals
According to Equinox Gold Corp [AMEX:EQX], the company’s sales were 1.24B for trailing twelve months, which represents an 50.44% jump. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.54 points at the first support level, and at 6.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.76, and for the 2nd resistance point, it is at 6.89.
Ratios To Look Out For
It is important to note that Equinox Gold Corp [AMEX:EQX] has a current ratio of 0.85. On the other hand, the Quick Ratio is 0.33, and the Cash Ratio is 0.2. Considering the valuation of this stock, the price to sales ratio is 2.44, the price to book ratio is 0.88 and price to earnings (TTM) ratio is 13.73.
