Equinox Gold Corp.

$ 10.51 -4.71 %

Equinox Gold Corp. is a mining enterprise that covers the entire spectrum of mineral property management, from acquisition and exploration to development and active operation. The company primarily targets gold and silver deposits in its exploration efforts. Its asset portfolio is geographically diverse, featuring several significant gold mines in Brazil, such as Aurizona in Maranhão State, RDM in Minas Gerais State, and both Fazenda and Santa Luz in Bahia State. Expanding its footprint into North America, Equinox Gold also holds stakes in the Mesquite gold mine and the Castle Mountain property in California, USA, alongside the Los Filos Gold Mine located in Guerrero State, Mexico. Additionally, the company possesses a 60% ownership interest in the Greenstone project, situated in Ontario, Canada. Established in 2007, the company originally operated under the name Trek Mining Inc. before officially changing to Equinox Gold Corp. in December 2017. Its corporate headquarters are located in Vancouver, Canada.

CEO: Darren Hall - https://www.equinoxgold.com

Price objectif

$14 33.21 %

Recommandation

Buy

DCF

$ -2.85

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EQX vs S&P500

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Quick ratio

0.75

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

28.41

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.37

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

10.73 %

reflects reasonable profitability, showing good use of equity.

ROIC

4.41 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

14.37

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.10

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.09

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

1.91 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
2.06 indicates an uncertain financial situation
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Cash / Debt

Cash Ratio
0.45 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.06 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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