Equinox Gold Corp (AMEX:EQX) has a beta value of 1.30 and has seen 0.67 million shares traded in the recent trading session. The company, currently valued at $2.55B, closed the recent trade at $5.95 per share which meant it gained $0.07 on the day or 1.11% during that session. The EQX stock price is -9.24% off its 52-week high price of $6.50 and 33.61% above the 52-week low of $3.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.44 million shares traded. The 3-month trading volume is 3.07 million shares.
The consensus among analysts is that Equinox Gold Corp (EQX) is Hold stock at the moment, with a recommendation rating of 1.89. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 8 out of 15 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.15.
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Equinox Gold Corp (AMEX:EQX) trade information
Sporting 1.11% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the EQX stock price touched $5.95 or saw a rise of 1.65%. Year-to-date, Equinox Gold Corp shares have moved 21.57%, while the 5-day performance has seen it change 5.60%. Over the past 30 days, the shares of Equinox Gold Corp (AMEX:EQX) have changed -3.33%. Short interest in the company has seen 11.65 million shares shorted with days to cover at 3.51.
Equinox Gold Corp (EQX) estimates and forecasts
Figures show that Equinox Gold Corp shares have outperformed across the wider relevant industry. The company’s shares have gained 1.11% over the past 6 months, with this year growth rate of 485.71%, compared to 22.30% for the industry. Revenue growth from the last financial year stood is estimated to be 59.80%.
1 analysts offering their estimates for the company have set an average revenue estimate of 521.56M for the current quarter. 1 have an estimated revenue figure of 614.79M for the next ending quarter. Year-ago sales stood 284.75M and 297.8M respectively for this quarter and the next, and analysts expect sales will grow by 83.20% for the current quarter and 59.80% for the next.
EQX Dividends
Equinox Gold Corp is expected to release its next earnings report on 2024-Oct-29 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Equinox Gold Corp (AMEX:EQX)’s Major holders
Insiders own 6.40% of the company shares, while shares held by institutions stand at 63.46% with a share float percentage of 67.79%. Investors are also buoyed by the number of investors in a company, with Equinox Gold Corp having a total of 282.0 institutions that hold shares in the company. The top two institutional holders are ORION RESOURCE PARTNERS LP with over 42.0 million shares worth more than $219.66 million. As of 2024-06-30, ORION RESOURCE PARTNERS LP held 12.9634% of shares outstanding.
The other major institutional holder is VAN ECK ASSOCIATES CORP, with the holding of over 38.17 million shares as of 2024-06-30. The firm’s total holdings are worth over $199.61 million and represent 11.7803% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. As of Sep 30, 2024, the former fund manager holds about 4.58% shares in the company for having 19.61 shares of worth $116.59 million while later fund manager owns 17.48 shares of worth $103.89 million as of Sep 30, 2024, which makes it owner of about 4.08% of company’s outstanding stock.
