Equinox Gold Corp. (TSX: EQX)

Equinox Gold Statistics

Total Valuation

Equinox Gold has a market cap or net worth of CAD 3.41 billion. The enterprise value is 5.47 billion.

Market Cap	3.41B
Enterprise Value	5.47B

Important Dates

The next estimated earnings date is Friday, February 21, 2025.

Earnings Date	Feb 21, 2025
Ex-Dividend Date	n/a

Share Statistics

Equinox Gold has 455.40 million shares outstanding. The number of shares has increased by 35.86% in one year.

Current Share Class	n/a
Shares Outstanding	455.40M
Shares Change (YoY)	+35.86%
Shares Change (QoQ)	-7.85%
Owned by Insiders (%)	6.19%
Owned by Institutions (%)	49.30%
Float	385.23M

Valuation Ratios

The trailing PE ratio is 9.28 and the forward PE ratio is 4.65.

PE Ratio	9.28
Forward PE	4.65
PS Ratio	1.63
PB Ratio	0.73
P/TBV Ratio	0.78
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.34, with an EV/FCF ratio of -19.82.

EV / Earnings	16.51
EV / Sales	3.27
EV / EBITDA	12.34
EV / EBIT	34.72
EV / FCF	-19.82

Financial Position

The company has a current ratio of 0.85, with a Debt / Equity ratio of 0.52.

Current Ratio	0.85
Quick Ratio	0.28
Debt / Equity	0.52
Debt / EBITDA	5.20
Debt / FCF	-8.33
Interest Coverage	1.54

Financial Efficiency

Return on equity (ROE) is 8.72% and return on invested capital (ROIC) is 1.72%.

Return on Equity (ROE)	8.72%
Return on Assets (ROA)	1.31%
Return on Capital (ROIC)	1.72%
Revenue Per Employee	452,608
Profits Per Employee	89,728
Employee Count	3,692
Asset Turnover	0.22
Inventory Turnover	2.15

Taxes

In the past 12 months, Equinox Gold has paid 5.57 million in taxes.

Income Tax	5.57M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +10.16% in the last 52 weeks. The beta is 1.16, so Equinox Gold's price volatility has been higher than the market average.

Beta (5Y)	1.16
52-Week Price Change	+10.16%
50-Day Moving Average	7.85
200-Day Moving Average	7.68
Relative Strength Index (RSI)	43.74
Average Volume (20 Days)	782,206

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 1.67 billion and earned 331.28 million in profits. Earnings per share was 0.81.

Revenue	1.67B
Gross Profit	524.12M
Operating Income	157.18M
Pretax Income	618.98M
Net Income	331.28M
EBITDA	408.88M
EBIT	157.18M
Earnings Per Share (EPS)	0.81

Balance Sheet

The company has 235.93 million in cash and 2.30 billion in debt, giving a net cash position of -2.06 billion or -4.53 per share.

Cash & Cash Equivalents	235.93M
Total Debt	2.30B
Net Cash	-2.06B
Net Cash Per Share	-4.53
Equity (Book Value)	4.39B
Book Value Per Share	10.24
Working Capital	-179.58M

Cash Flow

In the last 12 months, operating cash flow was 338.09 million and capital expenditures -614.15 million, giving a free cash flow of -276.06 million.

Operating Cash Flow	338.09M
Capital Expenditures	-614.15M
Free Cash Flow	-276.06M
FCF Per Share	-0.61

Margins

Gross margin is 31.36%, with operating and profit margins of 9.41% and 19.82%.

Gross Margin	31.36%
Operating Margin	9.41%
Pretax Margin	37.04%
Profit Margin	19.82%
EBITDA Margin	24.47%
EBIT Margin	9.41%
FCF Margin	n/a

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	-35.86%
Shareholder Yield	-35.86%
Earnings Yield	n/a
FCF Yield	n/a

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 0.63 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.63
Piotroski F-Score	5