Why Do Investors Buy Stock In Equinox Gold Corp (EQX)?

Equinox Gold Corp (AMEX:EQX) has a beta value of 1.10 and has seen 4.66 million shares traded in the recent trading session. The company, currently valued at $4.74B, closed the recent trade at $6.24 per share which meant it gained $0.12 on the day or 1.96% during that session. The EQX stock price is -19.39% off its 52-week high price of $7.45 and 28.21% above the 52-week low of $4.48. If we look at the company’s 10-day average daily trading volume, we find that it stood at 13.65 million shares traded. The 3-month trading volume is 14.47 million shares.

The consensus among analysts is that Equinox Gold Corp (EQX) is Hold stock at the moment, with a recommendation rating of 2.11. 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.

Equinox Gold Corp (AMEX:EQX) trade information

Sporting 1.96% 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 $6.24 or saw a rise of 2.5%. Year-to-date, Equinox Gold Corp shares have moved 4.17%, while the 5-day performance has seen it change 3.48%. Over the past 30 days, the shares of Equinox Gold Corp (AMEX:EQX) have changed -3.11%. Short interest in the company has seen 31.84 million shares shorted with days to cover at 2.17.

Equinox Gold Corp (EQX) estimates and forecasts

The company’s shares have gained 7.03% over the past 6 months.

Earnings growth for 2025 is a modest 185.96% while over the next 5 years, the company’s earnings are expected to increase by 70.23%.

EQX Dividends

Equinox Gold Corp is expected to release its next earnings report on 2025-May-07 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 4.42% of the company shares, while shares held by institutions stand at 41.38% with a share float percentage of 43.29%. Investors are also buoyed by the number of investors in a company, with Equinox Gold Corp having a total of 344.0 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 10.7019% 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 9.7252% 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 May 31, 2025 , the former fund manager holds about 2.06% shares in the company for having 15.6 shares of worth $96.36 million while later fund manager owns 13.23 shares of worth $81.7 million as of May 31, 2025 , which makes it owner of about 1.74% of company’s outstanding stock.

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