Equinox Gold Corp (AMEX:EQX) traded at $5.38 at last check on current trade day and made an upward move of 0.56% on its previous day’s price.
Looking at the stock we see that its previous close was $5.35 and the beta (5Y monthly) reads 1.191 with the day’s price range being $5.32 – $5.41. The company has a trailing 12-month PE ratio of 11.14. In terms of its 52-week price range, EQX has a high of $6.50 and a low of $3.95. The company’s stock has lost about -1.10% over that past 30 days.
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Equinox Gold Corp has a market cap of $2.45 billion and is expected to release its quarterly earnings report in January.
According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 1.46B, or 34.57% up from figures reported last year.
On the other hand, looking at the outlook for the EQX stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of Hold.
Based on estimates by 15 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 8 have rated the Equinox Gold Corp (EQX) stock as a Hold, while 7 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -5.45% off its SMA20 and -4.65% from its 50-day simple moving average. The RSI (14) is pointing at 44.07 while the volatility over the past week is 5.93% and jumps to 4.01% over the past one month. The beta value is 1.29, while the average true range (ATR) is currently pointing at 0.27.
Coming back to Equinox Gold Corp (AMEX:EQX), we note that the average 3-month trading volume was 4.30 million, while that of the preceding 10-day period stands at 5.3 million. Current shares outstanding are 428.65 million.
The insiders hold 15.41% of the company’s shares while institutions hold 49.61%. The data shows that short shares as of 2024-11-29, stood at 15.24 million at a short ratio of 3.16. Shares short rose in November from the previous month at 14.97 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 10.02% up in year-to-date price movement.
