The trading price of Equinox Gold Corp (AMEX:EQX) floating lower at last check on Wednesday, July 17, closing at $6.04, -1.31% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $6.50 and a 52-week low of $3.95. Over the past month, the stock has gained 17.05% in value.
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Equinox Gold Corp, whose market valuation is $2.33 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest EQX has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that EQX’s price is currently 8.82% off the SMA20 and 10.44% off the SMA50. The RSI metric on the 14-day chart is currently showing 66.08, and weekly volatility stands at 2.63%. When measured over the past 30 days, the indicator reaches 3.06%. Equinox Gold Corp (AMEX:EQX)’s beta value is currently sitting at 1.28, while the Average True Range indicator is currently displaying 0.19.
To see how Equinox Gold Corp stock has been performing today in comparison to its peers in the industry, here are the numbers: EQX stock’s performance was -1.31% at last check in today’s session, and 15.27% in the past year.
An evaluation of the daily trading volume of Equinox Gold Corp (AMEX:EQX) indicates that the 3-month average is 3.43 million.
Currently, records show that 386.40 million of the company’s shares remain outstanding. The insiders hold 7.29% of outstanding shares, whereas institutions hold 49.40%. However, since the stock’s price has seen 23.52% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
