EQX Stock Summary and Trading Ideas (Equinox Gold Corp. Common Shares | AMEX:EQX)

Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration and development of mineral properties, with a focus on gold. Equinox Gold has around seven operating gold mines and a clear plan to increase production by advancing pipeline of growth projects.

Equinox Gold Corp. Common Shares trades on the AMEX stock market under the symbol EQX.

As of March 5, 2025, EQX stock price climbed to $6.66 with 6,667,976 million shares trading.

EQX has a beta of 1.46, meaning it tends to be more sensitive to market movements. EQX has a correlation of 0.16 to the broad based SPY ETF.

EQX has a market cap of $3.03 billion. This is considered a Mid Cap stock.

Last quarter Equinox Gold Corp. Common Shares reported $575 million in Revenue and $.17 earnings per share. This beat revenue expectation by $8 million and missed earnings estimates by -$.05.

In the last 3 years, EQX traded as high as $9.07 and as low as $2.35.

The top ETF exchange traded funds that EQX belongs to (by Net Assets): GDX, GDXJ, DISV, DFIS, DFIC.

EQX has outperformed the market in the last year with a return of +45.4%, while the SPY ETF gained +15.2%. In the last 3 month period, EQX beat the market returning +11.0%, while SPY returned -3.7%. However, in the most recent 2 weeks EQX has underperformed the stock market by returning -4.9%, while SPY returned -4.6%.

EQX support price is $6.17 and resistance is $6.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EQX shares will trade within this expected range on the day.