Equinox Gold Corp's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 65 out of 117 in the Metals & Mining industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 26.00.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Equinox Gold Corp is 5.86, ranking 80 out of 117 in the Metals & Mining industry. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 861.59M, representing a year-over-year increase of 103.34%, while its net profit experienced a year-over-year increase of 510.86%.
Key Metrics
The current valuation score of Equinox Gold Corp is 5.62, ranking 103 out of 117 in the Metals & Mining industry. Its current P/E ratio is 15.70, which is 597.41% below the recent high of 109.49 and 735.52% above the recent low of -99.77.
The current earnings forecast score of Equinox Gold Corp is 8.00, ranking 17 out of 117 in the Metals & Mining industry. The average price target is 23.00, with a high of 23.00 and a low of 23.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Equinox Gold Corp is 7.23, ranking 90 out of 117 in the Metals & Mining industry. Currently, the stock price is trading between the resistance level at 15.73 and the support level at 13.10, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Equinox Gold Corp is 5.00, ranking 43 out of 117 in the Metals & Mining industry. The latest institutional shareholding proportion is 65.38%, representing a quarter-over-quarter increase of 36.46%. The largest institutional shareholder is The Vanguard, holding a total of 27.75M shares, representing 3.52% of shares outstanding, with 8.64% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Metals & Mining domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Equinox Gold Corp is 5.87, ranking 39 out of 117 in the Metals & Mining industry. The company's beta value is 1.22. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Equinox Gold Corp’s latest ESG disclosure leads the Metals & Mining industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
