Company Overview
Equinox Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in the Americas. It primarily explores gold and silver deposits. The company was formerly known as Trek Mining Inc. and changed its name to Equinox Gold Corp. in December 2017. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Why Investors Should Care
Revenue has grown at a 24.0% CAGR over the past five years.
Trades at a P/E of 19.4, below the sector median of 22.2.
Maintains a net profit margin of 28.1%.
Carries low leverage with a debt-to-equity ratio of 0.13.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $1.82B (+99.1% YoY); net profit $221.47M.
- Trailing 12 Months Year-on-year growth — revenue +169.3%, earnings +451.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 24.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 24.04% |
| 1 Year: | 169.30% |
Compounded Profit Growth
| 5 Years: | - |
| 1 Year: | 451.70% |
Stock Price Performance
| 1 Year: | +86.55% |
| 6 Months: | -23.12% |
| 3 Months: | +16.84% |
| 1 Month: | +9.37% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)55.54 · Neutral
P/E of 19.45 is below the sector median of 22.16 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 28.1%.
- Compounding revenue at 24.0% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 32.3% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | EQX Equinox Gold Corp. | 12.64 | 19.45 | $14.76B | 0.42% | 4.66% | 8.47% | 24.04% | - |
| 2 | LIN Linde plc NDXSPXR3K | 468.38 | 30.22 | $215.91B | 1.40% | 12.46% | 18.40% | 13.90% | 18.47% |
| 3 | SCCO Southern Copper Corporation R3K | 208.56 | 31.27 | $176.10B | 2.24% | 36.40% | 49.90% | 8.32% | 3.80% |
| 4 | NEM Newmont Corporation SPXR3K | 127.09 | 16.01 | $133.91B | 0.84% | - | 25.91% | 6.53% | 20.15% |
| 5 | RIO Rio Tinto Group | 103.83 | 14.07 | $130.27B | 4.78% | 13.65% | 19.31% | 1.24% | -7.00% |
| 6 | FCX Freeport-McMoRan Inc. SPXR3K | 76.62 | 37.56 | $110.03B | 0.78% | 12.50% | 14.75% | 1.35% | -1.26% |
| 7 | AEM Agnico Eagle Mines Limited | 201.84 | 17.27 | $102.20B | 0.88% | 19.78% | 22.97% | 27.53% | 88.11% |
| 8 | SHW The Sherwin-Williams Company SPXR3K | 326.09 | 30.05 | $79.16B | 1.00% | 21.93% | 65.12% | 6.18% | 8.26% |
| 9 | ECL Ecolab Inc. SPXR3K | 278.11 | 37.33 | $77.96B | 1.05% | 15.10% | 21.96% | 6.55% | 9.74% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | - | 265.71M | 478.60M | 819.01M | 95.82M | 861.59M |
| Cost of Revenue | - | 246.99M | 318.99M | 539.11M | -73.14M | 423.10M |
| Gross Profit | - | 18.72M | 159.65M | 279.90M | 168.96M | 438.50M |
| Operating Expenses | - | 27.92M | 64.55M | 74.72M | 41.16M | 48.26M |
| Operating Income | - | -9.20M | 159.80M | 205.17M | 127.81M | 390.23M |
| EBITDA | - | 74.45M | 159.80M | 338.35M | 218.53M | 461.80M |
| Interest Expense | - | 46.43M | 45.31M | 50.89M | 34.76M | 31.69M |
| Pretax Income | - | -69.54M | 49.31M | 114.99M | 31.92M | 314.01M |
| Tax Provision | - | 8.96M | 25.47M | 29.41M | 84.72M | 126.84M |
| Net Income | - | -75.48M | 23.80M | 85.58M | 187.53M | 310.11M |
| Diluted EPS | - | -0.17 | 0.05 | 0.11 | - | 0.38 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 952.20M | 1.09B | 912.84M | 1.82B |
| Cost of Revenue | - | 868.26M | 979.21M | 708.65M | 1.18B |
| Gross Profit | - | 83.94M | 108.98M | 204.19M | 642.10M |
| Operating Expenses | - | 73.99M | 73.17M | 52.49M | 209.76M |
| Operating Income | - | 9.95M | 35.82M | 151.70M | 432.34M |
| EBITDA | - | 130.78M | 291.09M | 847.23M | 828.17M |
| Interest Expense | - | 40.35M | 60.20M | 91.30M | 179.29M |
| Pretax Income | - | -98.41M | 14.77M | 533.31M | 131.37M |
| Tax Provision | - | 7.62M | -14.12M | 273.02M | 150.23M |
| Net Income | - | -106.03M | 28.88M | 339.29M | 221.47M |
| Diluted EPS | - | -0.35 | 0.09 | 0.75 | 0.35 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 3.86B | 4.35B | 6.71B | 10.54B |
| Current Assets | - | 655.10M | 833.96M | 784.11M | 1.97B |
| Cash & Equivalents | - | 200.77M | 192.00M | 239.33M | 407.36M |
| Inventory | - | 265.11M | 412.00M | 417.54M | 369.76M |
| Receivables | - | 8.18M | 9.92M | 3.94M | 7.15M |
| Total Liabilities | - | 1.50B | 1.91B | 3.32B | 4.74B |
| Current Liabilities | - | 271.72M | 479.60M | 689.09M | 1.26B |
| Long Term Debt | - | 828.02M | 786.38M | 1.21B | 1.37B |
| Total Debt | - | 842.10M | 945.37M | 1.41B | 1.63B |
| Total Equity | - | 2.35B | 2.44B | 3.40B | 5.80B |
| Shares Outstanding | - | 307.37M | 318.01M | 455.23M | 785.63M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 56.47M | 358.46M | 372.18M | 818.35M |
| Investing Cash Flow | - | -419.00M | -462.67M | -1.11B | -458.67M |
| Financing Cash Flow | - | 254.31M | 92.50M | 792.48M | -171.89M |
| Capital Expenditure | - | -557.07M | -523.30M | -412.07M | -692.35M |
| Free Cash Flow | - | -500.60M | -164.84M | -39.89M | 126.00M |
| Net Change in Cash | - | -108.22M | -11.71M | 52.94M | 187.78M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 8.8% | 10.0% | 22.4% | 35.3% |
| Operating Margin % | - | 1.0% | 3.3% | 16.6% | 23.8% |
| Net Margin % | - | -11.1% | 2.7% | 37.2% | 12.2% |
| ROE % | - | -4.5% | 1.2% | 10.0% | 3.8% |
| ROCE % | - | 0.3% | 0.9% | 2.5% | 4.7% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Van Eck Associates Corporation | 7.49% | 87.44M | $1.09B |
| 2 | L1 Capital Pty Ltd | 2.32% | 27.06M | $336.85M |
| 3 | Franklin Resources, Inc. | 2.08% | 24.23M | $301.65M |
| 4 | Price (T.Rowe) Associates Inc | 1.86% | 21.68M | $269.87M |
| 5 | Vanguard Capital Management LLC | 1.80% | 21.01M | $261.51M |
| 6 | Maple Rock Capital Partners, Inc. | 1.50% | 17.53M | $218.26M |
| 7 | Boston Partners | 1.00% | 11.66M | $145.14M |
| 8 | Invesco Ltd. | 0.91% | 10.65M | $132.59M |
| 9 | NORGES BANK | 0.90% | 10.55M | $131.31M |
| 10 | Sprott Inc. | 0.78% | 9.09M | $113.13M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for EQX
Equinox Gold (TSX:EQX) Stock Looks Pricey After A 122% Three Year Run - finance.yahoo.com
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Equinox Gold Stock Price Forecast. Should You Buy EQX.TO? - StockInvest.us
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(EQX) Risk Channels and Responsive Allocation - Stock Traders Daily
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Is Equinox Gold Corp (EQX) Overvalued After 3.9% Rally? GF Value - gurufocus.com
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Equinox Gold’s Nevada Mine Expected to Produce 130,000 Ounces—When? - Stock Titan
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Equinox Gold Stock Climbs 29% On A 6-Day Winning Streak - Trefis
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EQX — Frequently Asked Questions
What is the current share price of Equinox Gold Corp. (EQX)?
As of 2026-09-19 21:16 PDT, Equinox Gold Corp. (EQX) trades at $12.64 on NYSE American. Its 52-week range is $6.78 to $18.68.
What is the market capitalisation of EQX?
Equinox Gold Corp. (EQX) has a market capitalisation of $14.76B on NYSE American.
What is the P/E ratio of EQX?
EQX trades at a trailing price-to-earnings (P/E) ratio of 19.45. The industry average P/E is 22.16. Its price-to-book (P/B) ratio is 1.59.
Does EQX pay a dividend?
Equinox Gold Corp. (EQX) currently offers a dividend yield of 0.42%.
What is the return on equity (ROE) of EQX?
EQX has a return on equity (ROE) of 8.47%. Its return on capital employed (ROCE) is 4.66%.
Is EQX a good stock to buy?
This page provides a data-driven analysis of Equinox Gold Corp. (EQX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.