Equinox Gold Corp Stock Analysis

Equinox Stock Analysis Notes

About 62.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.79. Some equities with similar Price to Book (P/B) outperform the market in the long run. Equinox Gold Corp last dividend was issued on the 20th of August 2019. The entity had 1:5 split on the 20th of August 2019. Equinox Gold Corp. engages in the operation, acquisition, exploration, and development of mineral properties. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Equinox Gold is traded on AMEX Exchange in the United States. To learn more about Equinox Gold Corp call Christian Milau at 604 558 0560 or check out https://www.equinoxgold.com.

Equinox Gold Corp Investment Alerts

Equinox Gold Corp Upcoming and Recent Events

Equinox Largest EPS Surprises

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Equinox Gold Environmental, Social, and Governance (ESG) Scores

Equinox Gold Thematic Classifications

Equinox Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.57 B.

Equinox Profitablity

The company has Net Profit Margin of 0.2 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.2 %, which entails that for every 100 dollars of revenue, it generated $0.2 of operating income.

Management Efficiency

Equinox Gold Corp has Return on Asset of 0.0131 % which means that on every $100 spent on assets, it made $0.0131 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0872 %, implying that it generated $0.0872 on every 100 dollars invested. Equinox Gold's management efficiency ratios could be used to measure how well Equinox Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.01 in 2024. Return On Capital Employed is likely to rise to 0.01 in 2024. At this time, Equinox Gold's Total Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 875.7 M in 2024, despite the fact that Other Assets are likely to grow to (4.1 M).

Technical Drivers

As of the 2nd of December, Equinox Gold shows the Coefficient Of Variation of 4496.79, mean deviation of 2.44, and Downside Deviation of 3.09. Equinox Gold Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Equinox Gold Corp Price Movement Analysis

Equinox Gold Outstanding Bonds

Equinox Gold Predictive Daily Indicators

Equinox Gold Corporate Filings

Equinox Gold Forecast Models

Equinox Gold's time-series forecasting models are one of many Equinox Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Equinox Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Equinox Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Equinox shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Equinox Gold. By using and applying Equinox Stock analysis, traders can create a robust methodology for identifying Equinox entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Equinox analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Equinox analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Equinox Gold Corp stock analysis indicators help investors evaluate how Equinox Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Equinox Gold shares will generate the highest return on investment. By understating and applying Equinox Gold stock analysis, traders can identify Equinox Gold position entry and exit signals to maximize returns.

When running Equinox Gold's price analysis, check to measure Equinox Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinox Gold is operating at the current time. Most of Equinox Gold's value examination focuses on studying past and present price action to predict the probability of Equinox Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinox Gold's price. Additionally, you may evaluate how the addition of Equinox Gold to your portfolios can decrease your overall portfolio volatility.