Equinox Gold Corp experienced a rather steady stock market performance.
52-week price history of EQX Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Equinox Gold Corp’s current trading price is -7.52% away from its 52-week high, while its distance from the 52-week low is 53.79%. The stock’s price range during this period has spanned from $4.48 to $7.45. In the Basic Materials sector, the Equinox Gold Corp’s shares surpassed a trading volume of approximately 13.71 million for the day, which was noticeably higher compared to the average daily volume of 9.12.02 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Equinox Gold Corp (EQX) has experienced a quarterly rise of 6.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.14B.
Making Sense of Trading Volume and Moving Average Data
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 0.42. Similarly, the long-term debt-to-equity ratio is also 0.38.
EQX Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Year to date metric has recorded a gain of 37.25%.However, over the last six months, we can see a weaker performance of 26.19%. Over the last 30 days, the price of EQX has fallen by 8.50%. And in the last five days, it has surged by 2.53%.