In the latest trading session, 0.91 million Equinox Gold Corp (AMEX:EQX) shares changed hands as the company’s beta touched 1.30. With the company’s most recent per share price at $5.89 changing hands around $0.14 or 2.52% at last look, the market valuation stands at $2.53B. EQX’s current price is a discount, trading about -10.36% off its 52-week high of $6.50. The share price had its 52-week low at $3.95, which suggests the last value was 32.94% up since then. When we look at Equinox Gold Corp’s average trading volume, we note the 10-day average is 4.64 million shares, with the 3-month average coming to 3.33 million.
Analysts gave the Equinox Gold Corp (EQX) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 0 out of 15 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 8 recommended EQX as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. Equinox Gold Corp’s EPS for the current quarter is expected to be 0.14.
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Equinox Gold Corp (AMEX:EQX) trade information
Instantly EQX is in green as seen in intraday trades today. With action 0.26%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 20.55%, with the 5-day performance at 0.26% in the green. However, in the 30-day time frame, Equinox Gold Corp (AMEX:EQX) is -2.40% down. Looking at the short shares, we see there were 11.65 million shares sold at short interest cover period of 3.51 days.
Equinox Gold Corp (EQX) estimates and forecasts
Data shows that the Equinox Gold Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 3.06% over the past 6 months, a 485.71% in annual growth rate that is considerably higher than the industry average of 21.20%. Year-over-year growth is forecast to reach 50.40% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 480.28M. 1 analysts are of the opinion that Equinox Gold Corp’s revenue for the current quarter will be 614.79M. The company’s revenue for the corresponding quarters a year ago was 284.75M and 297.8M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 68.70%. The estimates for the next quarter sales put growth at 106.40%.
The 2024 estimates are for Equinox Gold Corp earnings to increase by 299.72%.
EQX Dividends
Equinox Gold Corp is expected to release its next quarterly earnings report on 2024-Oct-29.
Equinox Gold Corp (AMEX:EQX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.40% of Equinox Gold Corp shares while 63.35% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 67.68%. There are 63.35% institutions holding the Equinox Gold Corp stock share, with ORION RESOURCE PARTNERS LP the top institutional holder. As of 2024-06-30, the company held 12.9634% of the shares, roughly 42.0 million EQX shares worth $219.66 million.
VAN ECK ASSOCIATES CORP holds the second largest percentage of outstanding shares, with 11.7803% or 38.17 million shares worth $199.61 million as of 2024-06-30.
