Equinox Gold Corp trades with the ticker EQX on the TSX and is in the Gold industry.
Overview
Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. The company primarily explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada. The company was formerly known as Trek Mining Inc. and changed its name to Equinox Gold Corp. in December 2017. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Looking to invest in Equinox Gold Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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EQX.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $2087.252MM
PE Ratio: 53.75
Price: 4.92 (Updated: 3/12/2024 0:47:16)
Equinox Gold Corp (EQX) vs Competitors in Gold
Lets see how EQX.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc
.Gold Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Barrick Gold Corporation (ABX) | $37,376.086 | 21.948 | 7.456 | 2.6% |
| Agnico Eagle Mines Limited (AEM) | $37,307.372 | 14.049 | 9.752 | 2.9% |
| Alamos Gold Inc (AGI) | $7,157.749 | 25.408 | 14.058 | 0.8% |
| Galiano Gold Inc (AKG) | $353.306 | N/A | 0.0 | 0.0% |
| Alio Gold Inc (ALO) | $168.547 | N/A | 0.0 | 0.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Gold
- Equinox Gold Corp (EQX) vs Barrick Gold Corporation (ABX)
- ABX has higher EPS (0.97 vs 0.12). ABX provides dividends, while EQX does not. EQX has a higher P/E ratio (53.75 vs 21.948) indicating it’s more expensive.
- Equinox Gold Corp (EQX) vs Agnico Eagle Mines Limited (AEM)
- AEM has higher EPS (5.34 vs 0.12). AEM provides dividends, while EQX does not. EQX has a higher P/E ratio (53.75 vs 14.049) indicating it’s more expensive.
- Equinox Gold Corp (EQX) vs Alamos Gold Inc (AGI)
- AGI has higher EPS (0.71 vs 0.12). AGI provides dividends, while EQX does not. EQX has a higher P/E ratio (53.75 vs 25.408) indicating it’s more expensive.
- Equinox Gold Corp (EQX) vs Galiano Gold Inc (AKG)
- EQX has higher EPS (0.12 vs -0.003). AKG provides dividends, while EQX does not. AKG has a P/E under 0, indicating EQX (P/E 53.75) is in a better position.
- Equinox Gold Corp (EQX) vs Alio Gold Inc (ALO)
- EQX has higher EPS (0.12 vs -0.274). ALO provides dividends, while EQX does not. ALO has a P/E under 0, indicating EQX (P/E 53.75) is in a better position.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (53.75) than the industry average (60.88), indicating potential undervaluation. Features a lower EV/EBITDA ratio (10.09) than the industry average (15.44), indicating attractive valuation.
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