EQX:CA:TSX-Equinox Gold Corp (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 8.65

Change

+0.18 (+2.13)%

Market Cap

CAD 2.56B

Volume

0.63M

Avg Analyst Target

CAD 13.27 (+53.43%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Equinox Gold Corp (EQX) Stock Analysis:
Based on the Equinox Gold Corp stock forecasts from 10 analysts, the average analyst target price for Equinox Gold Corp is CAD 13.27 over the next 12 months. Equinox Gold Corp’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Equinox Gold Corp is Bullish , which is based on 9 positive signals and 3 negative signals. At the last closing, Equinox Gold Corp’s stock price was CAD 8.65. Equinox Gold Corp’s stock price has changed by -0.58 % over the past week, -0.51 % over the past month and -33.05 % over the last year.

About

Equinox Gold Corp. engages in the acquisition, exploration, and development of mineral deposits. The company primarily explores for gold and silver deposits. Its properties include the Aurizona gold mine located in Maranhão State; the Fazenda gold mine located in Bahia State; th ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-12-03 )

Largest Industry Peers for Gold

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NGT:CA Newmont Corporation

+1.95 (+2.86%)

CAD56.45B 21.60 11.24
ABX:CA Barrick Gold Corporation

+0.12 (+0.52%)

CAD41.96B 16.38 5.96
FNV:CA Franco-Nevada Corporation

+3.04 (+1.82%)

CAD34.41B 36.94 31.81
WPM:CA Wheaton Precious Metals Corp

-0.16 (-0.31%)

CAD23.43B 29.04 26.33
NCM:CA Newcrest Mining Ltd

N/A

CAD17.98B 11.47 7.13
AEM:CA Agnico Eagle Mines Limited

+0.91 (+1.49%)

CAD15.59B 18.39 9.65
KL:CA Kirkland Lake Gold Ltd

+0.56 (+1.15%)

CAD12.90B 11.44 6.99
K:CA Kinross Gold Corporation

+0.04 (+0.54%)

CAD9.65B 7.31 4.58
EDV:CA Endeavour Mining plc

+0.05 (+0.18%)

CAD7.44B 14.12 6.19
BTO:CA B2Gold Corp

+0.02 (+0.42%)

CAD5.40B 8.90 4.47

ETFs Containing EQX:CA

Symbol Name Weight Mer Price(Change) Market Cap

Market Performance

  Market Performance vs.
Industry/Classification (Gold)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -34.32% 31% F 7% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -34.32% 31% F 7% F
Trailing 12 Months  
Capital Gain -33.05% 30% F 6% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -33.05% 29% F 6% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 27.91% 71% C- 88% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 27.91% 72% C- 88% B+
Risk Return Profile  
Volatility (Standard Deviation) 50.43% 44% F 20% F
Risk Adjusted Return 55.34% 76% C 60% D-
Market Capitalization 2.56B 79% C+ 77% C+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gold)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 4.53 82% B- 84% B
Price/Book Ratio 0.86 84% B 81% B-
Price / Cash Flow Ratio 11.84 16% F 26% F
EV/EBITDA 4.06 79% C+ 83% B
Management Effectiveness  
Return on Equity 24.84% 85% B 88% B+
Return on Invested Capital 11.44% 69% D+ 86% B
Return on Assets 3.60% 53% F 66% D
Debt to Equity Ratio 36.72% 26% F 60% D-
Technical Ratios  
Short Ratio 9.44 16% F 12% F
Short Percent 2.89% 3% F 46% F
Beta 0.28 95% A 93% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.