In the latest trading session, 0.98 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 $6.95 changing hands around $0.01 or 0.14% at last look, the market valuation stands at $3.17B. EQX’s current price is a discount, trading about -3.88% off its 52-week high of $7.22. The share price had its 52-week low at $4.48, which suggests the last value was 35.54% up since then. When we look at Equinox Gold Corp’s average trading volume, we note the 10-day average is 10.47 million shares, with the 3-month average coming to 7.76 million.
Analysts gave the Equinox Gold Corp (EQX) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.33. 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 0.17.
Equinox Gold Corp (AMEX:EQX) trade information
Instantly EQX is in green as seen in intraday trades today. With action 4.98%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 38.45%, with the 5-day performance at 4.98% in the green. However, in the 30-day time frame, Equinox Gold Corp (AMEX:EQX) is -0.71% down. Looking at the short shares, we see there were 22.17 million shares sold at short interest cover period of 2.92 days.
Equinox Gold Corp (EQX) estimates and forecasts
Year-over-year growth is forecast to reach 63.30% up from the last financial year.
The 2025 estimates are for Equinox Gold Corp earnings to increase by 284.29%, but the outlook for the next 5-year period is at 78.18% per year.
Equinox Gold Corp (AMEX:EQX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.01% of Equinox Gold Corp shares while 68.78% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 73.18%. There are 68.78% 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 10.7019% 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 9.7252% or 38.17 million shares worth $199.61 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. With 18.26 shares estimated at $126.82 million under it, the former controlled 4.01% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held about 3.57% of the shares, roughly 16.26 shares worth around $112.94 million.
