Equinox Gold Corp. (TSX:EQX)
Canada flag Canada · Delayed Price · Currency is CAD
19.56
+0.42 (2.19%)
At close: Nov 28, 2025

Equinox Gold Statistics

Total Valuation

Equinox Gold has a market cap or net worth of CAD 15.35 billion. The enterprise value is 17.49 billion.

Market Cap15.35B
Enterprise Value 17.49B

Important Dates

The last earnings date was Wednesday, November 5, 2025.

Earnings Date Nov 5, 2025
Ex-Dividend Date n/a

Share Statistics

Equinox Gold has 784.78 million shares outstanding. The number of shares has increased by 32.73% in one year.

Current Share Class 784.78M
Shares Outstanding 784.78M
Shares Change (YoY) +32.73%
Shares Change (QoQ) +54.50%
Owned by Insiders (%) 4.39%
Owned by Institutions (%) 56.79%
Float 750.29M

Valuation Ratios

The trailing PE ratio is 123.30 and the forward PE ratio is 11.20.

PE Ratio 123.30
Forward PE 11.20
PS Ratio 4.80
PB Ratio 1.98
P/TBV Ratio 1.98
P/FCF Ratio 70.49
P/OCF Ratio 16.30
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.85, with an EV/FCF ratio of 80.31.

EV / Earnings 201.83
EV / Sales 5.47
EV / EBITDA 13.85
EV / EBIT 26.81
EV / FCF 80.31

Financial Position

The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.35.

Current Ratio 1.07
Quick Ratio 0.45
Debt / Equity 0.35
Debt / EBITDA 2.14
Debt / FCF 12.40
Interest Coverage 2.57

Financial Efficiency

Return on equity (ROE) is 1.41% and return on invested capital (ROIC) is 4.69%.

Return on Equity (ROE) 1.41%
Return on Assets (ROA) 3.41%
Return on Invested Capital (ROIC) 4.69%
Return on Capital Employed (ROCE) 5.14%
Revenue Per Employee 866,352
Profits Per Employee 23,470
Employee Count3,692
Asset Turnover 0.27
Inventory Turnover 2.65

Taxes

In the past 12 months, Equinox Gold has paid 158.01 million in taxes.

Income Tax 158.01M
Effective Tax Rate 64.58%

Stock Price Statistics

The stock price has increased by +148.86% in the last 52 weeks. The beta is 1.98, so Equinox Gold's price volatility has been higher than the market average.

Beta (5Y) 1.98
52-Week Price Change +148.86%
50-Day Moving Average 16.36
200-Day Moving Average 11.33
Relative Strength Index (RSI) 68.58
Average Volume (20 Days) 2,491,075

Short Selling Information

The latest short interest is 12.05 million, so 2.81% of the outstanding shares have been sold short.

Short Interest 12.05M
Short Previous Month 11.48M
Short % of Shares Out 2.81%
Short % of Float 3.34%
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, Equinox Gold had revenue of CAD 3.20 billion and earned 86.65 million in profits. Earnings per share was 0.16.

Revenue3.20B
Gross Profit 1.39B
Operating Income 651.41M
Pretax Income 244.66M
Net Income 86.65M
EBITDA 1.23B
EBIT 651.41M
Earnings Per Share (EPS) 0.16
Full Income Statement

Balance Sheet

The company has 561.64 million in cash and 2.70 billion in debt, giving a net cash position of -2.14 billion or -2.73 per share.

Cash & Cash Equivalents 561.64M
Total Debt 2.70B
Net Cash -2.14B
Net Cash Per Share -2.73
Equity (Book Value) 7.77B
Book Value Per Share 9.91
Working Capital 123.37M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 941.64 million and capital expenditures -723.87 million, giving a free cash flow of 217.77 million.

Operating Cash Flow 941.64M
Capital Expenditures -723.87M
Free Cash Flow 217.77M
FCF Per Share 0.28
Full Cash Flow Statement

Margins

Gross margin is 43.34%, with operating and profit margins of 20.37% and 2.71%.

Gross Margin 43.34%
Operating Margin 20.37%
Pretax Margin 7.65%
Profit Margin 2.71%
EBITDA Margin 38.51%
EBIT Margin 20.37%
FCF Margin 6.81%

Dividends & Yields

Equinox Gold does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -32.73%
Shareholder Yield -32.73%
Earnings Yield 0.56%
FCF Yield 1.42%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number
Graham Upside

Stock Splits

The last stock split was on August 20, 2019. It was a reverse split with a ratio of 0.2.

Last Split Date Aug 20, 2019
Split Type Reverse
Split Ratio 0.2

Scores

Equinox Gold has an Altman Z-Score of 0.94 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.94
Piotroski F-Score 7