Equinox Gold (TSE:EQX) Stock Rating Upgraded by TD Securities

Equinox Gold (TSE:EQX) was upgraded by equities research analysts at TD Securities to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Equinox Gold Stock Up 0.6 %

EQX opened at C$9.53 on Tuesday. The business has a 50 day simple moving average of C$8.12 and a 200-day simple moving average of C$7.86. The stock has a market capitalization of C$4.32 billion, a P/E ratio of 11.77 and a beta of 1.16. Equinox Gold has a 12 month low of C$5.36 and a 12 month high of C$9.80. The company has a debt-to-equity ratio of 51.77, a current ratio of 1.10 and a quick ratio of 1.31.

Equinox Gold (TSE:EQX) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.14 by C($0.02). Equinox Gold had a return on equity of 8.79% and a net margin of 22.60%. During the same period last year, the firm earned $0.12 EPS. On average, equities analysts anticipate that Equinox Gold will post 1.3865979 earnings per share for the current fiscal 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.