EQX Stock: A Voyage Through Equinox Gold Corp’s Finances

The stock market performance of Equinox Gold Corp has been very steady. Over the last year, the company’s stock hit its highest at $6.50 on 04/03/24, while the lowest price during the same time frame was $3.95, recorded on 02/28/24.

52-week price history of EQX Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Equinox Gold Corp’s current trading price is -16.00% away from its 52-week high, while its distance from the 52-week low is 38.23%. The stock’s price range during this period has fluctuated between $3.95 and $6.50. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 0.96 million for the day, which was evidently lower than the average daily volume of 3.55 million over the last three months.

Financial Performance and Market Capitalization

Equinox Gold Corp (EQX) has experienced a quarterly rise of 19.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.81B and boasts a workforce of 8000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.02, with a change in price of +0.36. Similarly, Equinox Gold Corp recorded 2,869,462 in trading volume during the last 100 days, posting a change of +7.13%.

EQX Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for EQX stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.27.

EQX Stock Stochastic Average

Equinox Gold Corp’s raw stochastic average for the past 50 days is currently at 44.67%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 37.74%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.56% and 25.26%, respectively.

EQX Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price increase of 11.66%. However, over the past six months, we’ve seen a weaker performance of 15.19%. The price of EQX leaped by -7.14% over the last 30 days. And in the last five days, it has surged by 3.61%.

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