Equinox Gold Corp (AMEX:EQX) shares, rose in value, with the stock price up by 0.63% to the previous day’s close as strong demand from buyers drove the stock to $7.14.
Actively observing the price movement in the recent trading, the stock is buoying the session at $7.10, falling within a range of $7.0 and $7.24. The value of beta (5-year monthly) is 1.226 whereas the PE ratio is 13.43 over 12-month period. Referring to stock’s 52-week performance, its high was $7.22, and the low was $4.48. On the whole, EQX has fluctuated by 14.14% over the past month.
With the market capitalization of Equinox Gold Corp currently standing at about $3.26 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EQX’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.17, with the price of EQX currently trading nearly 5.69% and 9.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.90, while the 7-day volatility ratio is showing 2.94% which for the 30-day chart, stands at 3.90%. Furthermore, Equinox Gold Corp (EQX)’s beta value is 1.31, and its average true range (ATR) is 0.27.
A comparison of Equinox Gold Corp (EQX) with its peers suggests the former has fared considerably weaker in the market. EQX showed an intraday change of 0.63% in today’s session so far, and over the past year, it grew by 32.31%%.
Data on historical trading for Equinox Gold Corp (AMEX:EQX) indicates that the trading volumes over the past 10 days have averaged 10.6 and over the past 3 months, they’ve averaged 8.38 million. According to company’s latest data on outstanding shares, there are 455.23 million shares outstanding.
Nearly 15.43% of Equinox Gold Corp’s shares belong to company insiders and institutional investors own 56.19% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 24.62 million shares as on 2025-03-14, resulting in a short ratio of 2.76. The stock has risen by 42.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EQX stock heading into the next quarter.
