Equinox Gold Corp (AMEX:EQX) price is hovering higher on current market day and jumping 0.93% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $6.99, with intraday deals fluctuating between $6.9886 and $7.17. The company’s 5Y monthly beta was ticking 1.226 while its P/E ratio in the trailing 12-month period read 13.26. Taking into account the 52-week price action we note that the stock hit a 52-week high of $7.22 and 52-week low of $4.48. The stock added 4.06% on its value in the past month.
Equinox Gold Corp, which has a market valuation of $3.21 billion, is expected to release its quarterly earnings report on 2025-Feb-19.
Staying with the analyst view, there is a consensus estimate of 2.47B for the company’s annual revenue in current year. Per this projection, the revenue is forecast to grow 63.30% above that which the company brought in the current year earning report.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give EQX a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 15 analysts have assigned EQX a recommendation rating as follows: 8 rate it as a Hold; 7 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Equinox Gold Corp (EQX) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Hold, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.17. The overview shows that EQX’s price is at present 6.22% off the SMA20 and 11.25% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 60.61, with weekly volatility standing at 3.49%. The indicator jumps to 4.75% when calculated based on the past 30 days. Equinox Gold Corp (AMEX:EQX)’s beta value is holding at 1.32, while the average true range (ATR) indicator is currently reading 0.29.
An analysis of the Equinox Gold Corp (AMEX:EQX) stock in terms of its daily trading volume indicates that the 3-month average is 7.64 million. However, this figure increases on the past 10-day timeline to an average of 10.06 million.
Current records show that the company has 455.23M in outstanding shares. The insiders’ percentage holdings are 15.43% of outstanding shares while the percentage share held by institutions stands at 56.27%. The stats also highlight that short interest as of 2025-02-28, stood at 22.17 million shares, which puts the short ratio at the time at 2.92. Notably, we see that shares short in February rose slightly given the previous month’s figure stood at 19.99 million. But the 40.54% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
