A share price of Equinox Gold Corp [EQX] is currently trading at $6.72, up 2.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EQX shares have gain 12.56% over the last week, with a monthly amount drifted -1.18%, and not 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.
Equinox Gold Corp experienced fluctuations in its stock price throughout the past year between $4.48 and $7.45. Equinox Gold Corp [AMEX: EQX] shares were valued at $6.72 at the most recent close of the market.
Analyzing the EQX fundamentals
Trailing Twelve Months sales for Equinox Gold Corp [AMEX:EQX] were 1.70B which represents 75.59% growth. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.35%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.42.
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 6.60 points at the first support level, and at 6.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.85, and for the 2nd resistance point, it is at 6.97.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Equinox Gold Corp [AMEX:EQX] is 0.85. Also, the Quick Ratio is 0.50, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 1.81, the price to book ratio is 0.92 and price to earnings (TTM) ratio is 13.48.
