Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Equinox Gold Corp’s current trading price is -16.04% away from its 52-week high, while its distance from the 52-week low is 39.62%. The stock’s price range during this period has varied between $4.48 and $7.45. The company, active in the Basic Materials sector, saw a trading volume of around 5.69 million for the day, considerably lower average daily volume of 13.71 million observed over the last three months.
Equinox Gold Corp’s stock has had a calm market performance. The 1-year high for the company’s stock was $7.45 on 04/21/25, and the lowest price during the same period was recorded at $4.48 on 08/08/24.
How Financial Performance Impacts Market Capitalization
Equinox Gold Corp (EQX) has experienced a quarterly decline of -10.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.85B.
The Role of Moving Averages and Trading Volume in Technical Analysis
How EQX’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its 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 stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 24.60%.However, over the last six months, we can see a stronger performance of -2.42%. Over the last 30 days, the price of EQX has fallen by 3.56%. And in the last five days, it has fallen by -9.74%.
