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EQX Stock Forecast: All the More Reason to Consider Equinox Gold Corp. (EQX) Now

Equinox Gold Corp. (AMEX: EQX) is 42.68% higher on its value in year-to-date trading and has touched a low of $2.35 and a high of $9.07 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EQX stock was last observed hovering at around $4.49 in the last trading session, with the day’s gains setting it 0.19%.

Currently trading at $4.68, the stock is 20.35% and 27.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.94 million and changing 4.23% at the moment leaves the stock 4.05% off its SMA200. EQX registered -32.37% loss for a year compared to 6-month loss of 15.56%.

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The stock witnessed a 29.28% gain in the last 1 month and extending the period to 3 months gives it a 38.46%, and is 16.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.56% over the week and 6.00% over the month.

Equinox Gold Corp. (EQX) has around 683 employees, a market worth around $1.42B and $1.07B in sales. Current P/E ratio is 3.25. Distance from 52-week low is 99.15% and -48.40% from its 52-week high.

Equinox Gold Corp. is expected to release its quarterly report on 05/03/2023.The EPS is expected to shrink by -272.70% this year.

Equinox Gold Corp. (EQX) Top Institutional Holders

The shares outstanding are 304.98M, and float is at 280.59M with Short Float at 4.13%.

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