After The Stock Fell -7.00% Over The Week, Is Equinox Gold Corp (AMEX: EQX) Still A Buy?

Equinox Gold Corp (AMEX:EQX)’s traded shares stood at 1.54 million during the latest session, with the company’s beta value hitting 1.20. At the last check today, the stock’s price was $6.24, to imply a decrease of -1.73% or -$0.11 in intraday trading. The EQX share’s 52-week high remains $7.45, putting it -19.39% down since that peak but still an impressive 28.21% since price per share fell to its 52-week low of $4.48. The company has a valuation of $2.85B, with an average of 10.0 million shares in intraday trading volume over the past 10 days and average of 10.90 million shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Equinox Gold Corp (EQX), translating to a mean rating of 2.14. Of 15 analyst(s) looking at the stock, 0 analyst(s) give EQX a Sell rating. 0 of those analysts rate the stock as Overweight while 8 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.11.

Equinox Gold Corp (AMEX:EQX) trade information

After registering a -1.73% downside in the latest session, Equinox Gold Corp (EQX) has traded red over the past five days. The 5-day price performance for the stock is -7.00%, and -5.45% over 30 days. With these gigs, the year-to-date price performance is 24.30%. Short interest in Equinox Gold Corp (AMEX:EQX) saw shorts transact 22.58 million shares and set a 1.64 days time to cover.

Equinox Gold Corp (EQX) estimates and forecasts

The rating firms project that company’s revenue will grow 43.16% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 404M.

EQX Dividends

Equinox Gold Corp has its next earnings report out on 2025-Feb-19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Equinox Gold Corp (AMEX:EQX)’s Major holders

Equinox Gold Corp insiders hold 6.03% of total outstanding shares, with institutional holders owning 67.54% of the shares at 71.88% float percentage. In total, 67.54% institutions holds shares in the company, led by ORION RESOURCE PARTNERS LP. As of 2024-06-30, the company held over 42.0 million shares (or 10.7019% of shares), all amounting to roughly $219.66 million.

The next major institution holding the largest number of shares is VAN ECK ASSOCIATES CORP with 38.17 million shares, or about 9.7252% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $199.61 million.

We also have VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF as the top two Mutual Funds with the largest holdings of the Equinox Gold Corp (EQX) shares. Going by data provided on Mar 31, 2025 , VanEck ETF Trust-VanEck Gold Miners ETF holds roughly 16.35 shares. This is just over 3.58% of the total shares, with a market valuation of $102.18 million. Data from the same date shows that the other fund manager holds a little less at 14.9, or 3.27% of the shares, all valued at about 93.1 million.