Equinox Gold Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $6.50 on 04/03/24 and the lowest value was $3.95 on 02/28/24.
52-week price history of EQX Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Equinox Gold Corp’s current trading price is -12.77% away from its 52-week high, while its distance from the 52-week low is 43.54%. The stock’s price range during the 52-week period has remained between $3.95 and $6.50. In the Basic Materials sector, the company’s shares saw a trading volume of around 8.33 million for the day, which was evidently higher than the average daily volume of 4.79 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Equinox Gold Corp (EQX) has experienced a quarterly decline of -5.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.58B and boasts a workforce of 8000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.67, with a change in price of unch. Similarly, Equinox Gold Corp recorded 4,531,647 in trading volume during the last 100 days, posting a change of unch.
Examining EQX’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for EQX stands at 0.46. Similarly, the long-term debt-to-equity ratio is also 0.37.
EQX Stock Stochastic Average
Equinox Gold Corp’s raw stochastic average for the past 50 days is presently 47.21%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 60.09%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 65.65% and 65.46%, respectively.
EQX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 12.95%. However, over the past six months, we’ve seen a weaker performance of 5.59%. The price of EQX fallen by 10.74% over the last 30 days. And in the last five days, it has fallen by -2.91%.
