(EQX) Equinox Gold - Ratings and Ratios
Gold, Silver
EQX EPS (Earnings per Share)
EQX Revenue
Description: EQX Equinox Gold
Equinox Gold Corp is a gold mining company with a presence in the Americas, operating in the United States, Mexico, Brazil, and Canada. The companys primary focus is on exploring and developing gold and silver deposits. With a diversified portfolio of properties, Equinox Gold Corp has established itself as a significant player in the gold mining industry.
From a geographical perspective, the companys assets are spread across multiple regions, providing a degree of risk mitigation. Its properties in California, Guerrero State in Mexico, Maranhão, Bahia, and Mina Gerais state in Brazil, and Ontario, Canada, offer exposure to different geological settings and mining jurisdictions. This diversification can help reduce dependence on a single region or asset.
To evaluate the companys performance, key performance indicators (KPIs) such as gold production, cash costs, and reserve replacement ratio are essential. Additionally, metrics like debt-to-equity ratio, return on equity (RoE) of 9.30%, and price-to-earnings (P/E) ratio of 8.85 can provide insights into the companys financial health and valuation. The forward P/E ratio of 5.97 suggests expected earnings growth. With a market capitalization of $4.73 billion, Equinox Gold Corp is a mid-cap gold mining company with a relatively stable market presence.
To further assess the companys prospects, its crucial to analyze its operational efficiency, exploration pipeline, and growth strategy. Factors like the companys ability to maintain a low cash cost structure, its success in replacing reserves, and its capacity to execute on its development projects will be critical in driving long-term value creation. By monitoring these KPIs and fundamental metrics, investors can gain a deeper understanding of Equinox Gold Corps potential for future growth and returns.
EQX Stock Overview
| Market Cap in USD | 6,144m |
| Sub-Industry | Gold |
| IPO / Inception | 2018-08-03 |
EQX Stock Ratings
| Growth Rating | 8.15% |
| Fundamental | 55.2% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | 30.3% |
| Analyst Rating | 3.71 of 5 |
EQX Dividends
Currently no dividends paidEQX Growth Ratios
| Growth Correlation 3m | 43.2% |
| Growth Correlation 12m | 59.4% |
| Growth Correlation 5y | -42.1% |
| CAGR 5y | -7.82% |
| CAGR/Max DD 5y | -0.10 |
| Sharpe Ratio 12m | -0.08 |
| Alpha | 33.74 |
| Beta | 1.491 |
| Volatility | 49.48% |
| Current Volume | 15447.5k |
| Average Volume 20d | 12128.6k |
| Stop Loss | 8.4 (-4.1%) |
| Signal | 3.51 |
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (46.6m TTM) > 0 and > 6% of Revenue (6% = 114.3m TTM) |
| FCFTA 0.02 (>2.0%) and ΔFCFTA 4.12pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -3.65% (prev 5.87%; Δ -9.52pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.06 (>3.0%) and CFO 574.7m > Net Income 46.6m (YES >=105%, WARN >=100%) |
| Net Debt (1.37b) to EBITDA (634.2m) ratio: 2.17 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.94 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (506.1m) change vs 12m ago 7.32% (target <= -2.0% for YES) |
| Gross Margin 27.83% (prev 8.77%; Δ 19.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 22.82% (prev 16.48%; Δ 6.34pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.05 (EBITDA TTM 634.2m / Interest Expense TTM 150.9m) >= 6 (WARN >= 3) |
Altman Z'' 1.56
| (A) -0.01 = (Total Current Assets 1.02b - Total Current Liabilities 1.09b) / Total Assets 10.02b |
| (B) 0.05 = Retained Earnings (Balance) 546.9m / Total Assets 10.02b |
| (C) 0.04 = EBIT TTM 309.2m / Avg Total Assets 8.35b |
| (D) 1.12 = Book Value of Equity 5.29b / Total Liabilities 4.73b |
| Total Rating: 1.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 55.18
| 1. Piotroski 4.0pt = -1.0 |
| 2. FCF Yield 2.22% = 1.11 |
| 3. FCF Margin 8.71% = 2.18 |
| 4. Debt/Equity 0.34 = 2.44 |
| 5. Debt/Ebitda 2.81 = -1.48 |
| 6. ROIC - WACC -6.10% = -7.62 |
| 7. RoE 1.22% = 0.10 |
| 8. Rev. Trend 82.00% = 4.10 |
| 9. Rev. CAGR 27.55% = 2.50 |
| 10. EPS Trend 13.99% = 0.35 |
| 11. EPS CAGR 39.08% = 2.50 |
What is the price of EQX shares?
Over the past week, the price has changed by +9.23%, over one month by +38.17%, over three months by +34.56% and over the past year by +52.35%.
Is Equinox Gold a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of EQX is around 8.88 USD . This means that EQX is currently overvalued and has a potential downside of 1.37%.
Is EQX a buy, sell or hold?
- Strong Buy: 2
- Buy: 1
- Hold: 4
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the EQX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 8.1 | -8.1% |
| Analysts Target Price | 8.1 | -8.1% |
| ValueRay Target Price | 10 | 13.8% |
Last update: 2025-08-27 02:49
EQX Fundamental Data Overview
CCE Cash And Equivalents = 430.5m USD (Cash And Short Term Investments, last quarter)
P/E Forward = 18.1159
P/S = 3.224
P/B = 1.1524
Beta = 1.39
Revenue TTM = 1.91b USD
EBIT TTM = 309.2m USD
EBITDA TTM = 634.2m USD
Long Term Debt = 1.56b USD (from longTermDebt, last quarter)
Short Term Debt = 220.3m USD (from shortTermDebt, last quarter)
Debt = 1.78b USD (Calculated: Short Term 220.3m + Long Term 1.56b)
Net Debt = 1.37b USD (from netDebt column, last quarter)
Enterprise Value = 7.49b USD (6.14b + Debt 1.78b - CCE 430.5m)
Interest Coverage Ratio = 2.05 (Ebit TTM 309.2m / Interest Expense TTM 150.9m)
FCF Yield = 2.22% (FCF TTM 166.0m / Enterprise Value 7.49b)
FCF Margin = 8.71% (FCF TTM 166.0m / Revenue TTM 1.91b)
Net Margin = 2.45% (Net Income TTM 46.6m / Revenue TTM 1.91b)
Gross Margin = 27.83% ((Revenue TTM 1.91b - Cost of Revenue TTM 1.38b) / Revenue TTM)
Tobins Q-Ratio = 1.42 (Enterprise Value 7.49b / Book Value Of Equity 5.29b)
Interest Expense / Debt = 2.54% (Interest Expense 45.3m / Debt 1.78b)
Taxrate = 46.15% (from yearly Income Tax Expense: 290.8m / 630.1m)
NOPAT = 166.5m (EBIT 309.2m * (1 - 46.15%))
Current Ratio = 0.94 (Total Current Assets 1.02b / Total Current Liabilities 1.09b)
Debt / Equity = 0.34 (Debt 1.78b / last Quarter total Stockholder Equity 5.29b)
Debt / EBITDA = 2.81 (Net Debt 1.37b / EBITDA 634.2m)
Debt / FCF = 10.72 (Debt 1.78b / FCF TTM 166.0m)
Total Stockholder Equity = 3.81b (last 4 quarters mean)
RoA = 0.47% (Net Income 46.6m, Total Assets 10.02b )
RoE = 1.22% (Net Income TTM 46.6m / Total Stockholder Equity 3.81b)
RoCE = 5.75% (Ebit 309.2m / (Equity 3.81b + L.T.Debt 1.56b))
RoIC = 3.13% (NOPAT 166.5m / Invested Capital 5.32b)
WACC = 9.23% (E(6.14b)/V(7.92b) * Re(11.51%)) + (D(1.78b)/V(7.92b) * Rd(2.54%) * (1-Tc(0.46)))
Shares Correlation 5-Years: 90.0 | Cagr: 18.12%
Discount Rate = 11.51% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 64.09% ; FCFE base≈166.0m ; Y1≈146.9m ; Y5≈122.1m
Fair Price DCF = 1.76 (DCF Value 1.34b / Shares Outstanding 760.4m; 5y FCF grow -14.15% → 3.0% )
Revenue Correlation: 82.00 | Revenue CAGR: 27.55%
Rev Growth-of-Growth: 33.04
EPS Correlation: 13.99 | EPS CAGR: 39.08%
EPS Growth-of-Growth: -59.48
Additional Sources for EQX Stock
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Fund Manager Positions: Dataroma | Stockcircle