In recent trading session, Equinox Gold Corp (AMEX:EQX) saw 1.6 million shares changing hands at last check today with its beta currently measuring 1.19. Company’s recent per share price level of $6.28 trading at $0.18 or 3.03% at last check today assigns it a market valuation of $2.03B. That most recent trading price of EQX’s stock is at a discount of -3.5% from its 52-week high price of $6.50 and is indicating a premium of 37.1% from its 52-week low price of $3.95. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.15 million shares which gives us an average trading volume of 2.40 million if we extend that period to 3-months.
Equinox Gold Corp (AMEX:EQX) trade information
Upright in the green today for gaining 3.03%, in the last five days EQX remained trading in the green while hitting it’s week-highest on Friday, 04/12/24 when the stock touched $6.28 price level, adding 1.57% to its value on the day. Equinox Gold Corp’s shares saw a change of 28.53% in year-to-date performance and have moved 0.56% in past 5-day. Equinox Gold Corp (AMEX:EQX) showed a performance of 24.70% in past 30-days. Number of shares sold short was 14.28 million shares which calculate 5.24 days to cover the short interests.
Equinox Gold Corp (EQX) estimates and forecasts
Statistics highlight that Equinox Gold Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 47.19% of value to its shares in past 6 months, showing an annual growth rate of 71.43% while that of industry is 2.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 30.90% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $284 million for the same. And 1 analysts are in estimates of company making revenue of $301 million in the next quarter that will end on Jun 2024.
EQX Dividends
Equinox Gold Corp is more likely to be releasing its next quarterly report between April 30 and May 06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Equinox Gold Corp (AMEX:EQX)’s Major holders
Insiders are in possession of 8.17% of company’s total shares while institution are holding 57.06 percent of that, with stock having share float percentage of 62.14%. Investors also watch the number of corporate investors in a company very closely, which is 57.06% institutions for Equinox Gold Corp that are currently holding shares of the company. Van Eck Associates Corporation is the top institutional holder at EQX for having 31.94 million shares of worth $201.22 million. And as of Dec 30, 2023, it was holding 9.68% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 9.58 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 2.90% of outstanding shares, having a total worth of $60.32 million.
On the other hand, VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF are the top two Mutual Funds which own company’s shares. As of Feb 28, 2024, the former fund manager was holding 16.73 million shares of worth $105.42 million or 5.07% of the total outstanding shares. The later fund manager was in possession of 12.08 million shares on Feb 28, 2024, making its stake of worth around $76.12 million in the company or a holder of 3.66% of company’s stock.
