Equinox Gold (TSE:EQX) Sets New 52-Week High – What’s Next?

Equinox Gold Corp. (TSE:EQX)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as C$9.17 and last traded at C$9.04, with a volume of 483556 shares trading hands. The stock had previously closed at C$8.58.

Equinox Gold Price Performance

The firm has a market capitalization of C$3.98 billion, a price-to-earnings ratio of 10.83 and a beta of 1.16. The company has a current ratio of 1.10, a quick ratio of 1.31 and a debt-to-equity ratio of 51.77. The business has a 50-day moving average price of C$8.01 and a two-hundred day moving average price of C$7.83.

Equinox Gold (TSE:EQX) last posted its earnings results on Wednesday, November 6th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.14 by C($0.02). Equinox Gold had a net margin of 22.60% and a return on equity of 8.79%. During the same period in the prior year, the firm earned $0.12 earnings per share. As a group, research analysts forecast that Equinox Gold Corp. will post 1.3865979 EPS for the current year.

Equinox Gold Company Profile

Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada.