Equinox Gold Corp. (EQX)
NYSEAMERICAN: EQX · Real-Time Price · USD
13.50
+0.72 (5.63%)
Nov 26, 2025, 4:00 PM EST - Market closed

Equinox Gold Statistics

Total Valuation

Equinox Gold has a market cap or net worth of $10.60 billion. The enterprise value is $12.12 billion.

Market Cap10.60B
Enterprise Value 12.12B

Important Dates

The last earnings date was Wednesday, November 5, 2025, after market close.

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 (%) 56.78%
Float 750.29M

Valuation Ratios

The trailing PE ratio is 170.38 and the forward PE ratio is 10.52.

PE Ratio 170.38
Forward PE 10.52
PS Ratio 4.62
Forward PS n/a
PB Ratio 1.90
P/TBV Ratio 1.90
P/FCF Ratio 67.80
P/OCF Ratio 15.68
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.71, with an EV/FCF ratio of 77.53.

EV / Earnings 194.85
EV / Sales 5.28
EV / EBITDA 13.71
EV / EBIT 25.92
EV / FCF 77.53

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 $621,982
Profits Per Employee $16,850
Employee Count3,692
Asset Turnover 0.27
Inventory Turnover 2.65

Taxes

In the past 12 months, Equinox Gold has paid $113.44 million in taxes.

Income Tax 113.44M
Effective Tax Rate 64.58%

Stock Price Statistics

The stock price has increased by +143.68% in the last 52 weeks. The beta is 1.99, so Equinox Gold's price volatility has been higher than the market average.

Beta (5Y) 1.99
52-Week Price Change +143.68%
50-Day Moving Average 11.59
200-Day Moving Average 8.08
Relative Strength Index (RSI) 65.12
Average Volume (20 Days) 10,242,059

Short Selling Information

The latest short interest is 32.64 million, so 4.16% of the outstanding shares have been sold short.

Short Interest 32.64M
Short Previous Month 38.09M
Short % of Shares Out 4.16%
Short % of Float 4.35%
Short Ratio (days to cover) 1.93

Income Statement

In the last 12 months, Equinox Gold had revenue of $2.30 billion and earned $62.21 million in profits. Earnings per share was $0.11.

Revenue2.30B
Gross Profit 995.26M
Operating Income 467.67M
Pretax Income 175.65M
Net Income 62.21M
EBITDA 884.33M
EBIT 467.67M
Earnings Per Share (EPS) $0.11
Full Income Statement

Balance Sheet

The company has $403.22 million in cash and $1.94 billion in debt, giving a net cash position of -$1.54 billion or -$1.96 per share.

Cash & Cash Equivalents 403.22M
Total Debt 1.94B
Net Cash -1.54B
Net Cash Per Share -$1.96
Equity (Book Value) 5.58B
Book Value Per Share 7.12
Working Capital 88.57M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $676.03 million and capital expenditures -$519.69 million, giving a free cash flow of $156.34 million.

Operating Cash Flow 676.03M
Capital Expenditures -519.69M
Free Cash Flow 156.34M
FCF Per Share $0.20
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 0.59%
FCF Yield 1.48%
Dividend Details

Analyst Forecast

The average price target for Equinox Gold is $17.00, which is 25.93% higher than the current price. The consensus rating is "Buy".

Price Target $17.00
Price Target Difference 25.93%
Analyst Consensus Buy
Analyst Count 1
Revenue Growth Forecast (5Y) 16.20%
EPS Growth Forecast (5Y) 14.80%
Stock Forecasts

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 1:5.

Last Split Date Aug 20, 2019
Split Type Reverse
Split Ratio 1:5

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