(EQX) Equinox Gold - Ratings and Ratios

Exchange: NYSE MKT • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA29446Y5020

EQX: Gold, Silver

Equinox Gold Corp (NYSE MKT: EQX) is a Canadian mining company focused on the exploration, acquisition, development, and operation of gold and silver properties across the Americas. With a market capitalization of approximately $3.19 billion USD, the company operates a diversified portfolio of projects spanning multiple jurisdictions, including California (USA), Guerrero (Mexico), and Maranhão, Bahia, and Mina Gerais (Brazil), as well as Ontario (Canada). This geographic diversification helps mitigate regional risks and taps into high-potential mineral-rich areas.

The company, formerly known as Trek Mining Inc., rebranded as Equinox Gold Corp in December 2017 to reflect its expanded scope and growth strategy. Incorporated in 2007 and headquartered in Vancouver, Canada, Equinox Gold has established itself as a mid-tier gold producer with a focus on both development and operational excellence. Its properties include the Mesquite mine in California, the Aurizona mine in Brazil, and the Cerro Moro mine in Brazil, among others. These assets contribute to its annual gold production, which has been steadily increasing as the company ramps up operations and develops new projects.

From a financial perspective, Equinox Gold Corp trades with a price-to-earnings (P/E) ratio of 12.28 and a forward P/E of 6.70, indicating expectations of future earnings growth. Its price-to-book (P/B) ratio of 0.94 suggests that the company’s market value is in line with its book value, which may indicate undervaluation or a conservative market assessment. The price-to-sales (P/S) ratio of 2.58 reflects its revenue generation relative to market capitalization. These metrics provide investors with a snapshot of the company’s financial health and valuation dynamics.

For investors and fund managers, Equinox Gold Corp offers exposure to the gold and silver markets through a combination of producing assets and development projects. Its focus on low-cost production, geographic diversification, and strategic acquisitions positions it as a key player in the precious metals sector. The company’s ability to balance operational efficiency with growth initiatives makes it a compelling option for those seeking exposure to the gold industry.

Additional Sources for EQX Stock

EQX Stock Overview

Market Cap in USD 3,278m
Sector Basic Materials
Industry Gold
GiC Sub-Industry Gold
IPO / Inception 2018-08-03

EQX Stock Ratings

Growth 5y -28.3%
Fundamental -22.0%
Dividend 0.0%
Rel. Strength Industry 42.5
Analysts 3.89/5
Fair Price Momentum 6.18 USD
Fair Price DCF -

EQX Dividends

No Dividends Paid

EQX Growth Ratios

Growth Correlation 3m 63.9%
Growth Correlation 12m 37%
Growth Correlation 5y -66.5%
CAGR 5y -6.58%
CAGR/Max DD 5y -0.08
Sharpe Ratio 12m 1.13
Alpha 38.79
Beta 1.38
Volatility 51.88%
Current Volume 8586.2k
Average Volume 20d 8177.4k
What is the price of EQX stocks?
As of February 22, 2025, the stock is trading at USD 6.82 with a total of 8,586,154 shares traded.
Over the past week, the price has changed by +0.59%, over one month by +17.38%, over three months by +19.23% and over the past year by +49.56%.
Is Equinox Gold a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Equinox Gold is currently (February 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -22.03 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of EQX as of February 2025 is 6.18. This means that EQX is currently overvalued and has a potential downside of -9.38%.
Is EQX a buy, sell or hold?
Equinox Gold has received a consensus analysts rating of 3.89. Therefor, it is recommend to buy EQX.
  • Strong Buy: 3
  • Buy: 2
  • Hold: 4
  • Sell: 0
  • Strong Sell: 0
What are the forecast for EQX stock price target?
According to ValueRays Forecast Model, EQX Equinox Gold will be worth about 7.4 in February 2026. The stock is currently trading at 6.82. This means that the stock has a potential upside of +8.65%.
Issuer Forecast Upside
Wallstreet Target Price 6.3 -7.8%
Analysts Target Price 6.3 -7.8%
ValueRay Target Price 7.4 8.7%