Equinox Gold Corp (AMEX: EQX) is 35.46% higher on its value in year-to-date trading and has touched a low of $3.95 and a high of $7.22 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 $6.82 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $6.80, the stock is 3.16% and 14.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.51 million and changing -0.29% at the moment leaves the stock 19.78% off its SMA200. EQX registered 49.12% gain for a year compared to 6-month loss of 13.90%..
The stock witnessed a 19.93% gain in the last 1 month and extending the period to 3 months gives it a 23.86%, and is 0.29% 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 5.84% over the week and 4.62% over the month.
Equinox Gold Corp (EQX) has around 8000 employees, a market worth around $3.10B and $1.51B in sales. Current P/E ratio is 9.99 and Fwd P/E is 4.95. Profit margin for the company is 22.41%. Distance from 52-week low is 72.15% and -5.82% from its 52-week high. The company has generated returns on investments over the last 12 months (7.36%).
The EPS is expected to grow by 323.22% this year, but quarterly earnings will post 50.12% year-over-year.
Equinox Gold Corp (EQX) Top Institutional Holders
The shares outstanding are 455.23M, and float is at 385.17M with Short Float at 5.19%.
The top institutional shareholder in the company is ORION RESOURCE PARTNERS LP with over 42.0 million shares valued at $219.66 million. The investor’s holdings represent 10.7019% of the EQX Shares outstanding. As of 2024-06-30, the second largest holder is VAN ECK ASSOCIATES CORP with 38.17 million shares valued at $199.61 million to account for 9.7252 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 13.37 million shares representing 4.1264% and valued at over $69.92 million, while DONALD SMITH & CO., INC. holds 3.3948 of the shares totaling 13.32 million with a market value of $69.68 million.
Equinox Gold Corp (EQX) Insider Activity
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