Equinox Gold Corp [AMEX: EQX] price surged by 4.95 percent to reach at $0.31.
The one-year EQX stock forecast points to a potential upside of 10.61. The average equity rating for EQX stock is currently 2.25, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Equinox Gold Corp [EQX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EQX shares is $7.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EQX stock is a recommendation set at 2.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Cowen have made an estimate for Equinox Gold Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 04, 2025. The new note on the price target was released on January 30, 2024, representing the official price target for Equinox Gold Corp stock.
The Average True Range (ATR) for Equinox Gold Corp is set at 0.32, with the Price to Sales ratio for EQX stock in the period of the last 12 months amounting to 1.98. The Price to Book ratio for the last quarter was 0.88, with the Price to Cash per share for the same quarter was set at 0.54.
EQX Stock Performance Analysis:
Equinox Gold Corp [EQX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.82. With this latest performance, EQX shares dropped by -0.90% in over the last four-week period, additionally plugging by 26.10% over the last 6 months – not to mention a rise of 42.52% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EQX stock in for the last two-week period is set at 51.97, with the RSI for the last a single of trading hit 51.22, and the three-weeks RSI is set at 52.85 for Equinox Gold Corp [EQX]. The present Moving Average for the last 50 days of trading for this stock 6.17, while it was recorded at 6.53 for the last single week of trading, and 5.73 for the last 200 days.
Insight into Equinox Gold Corp Fundamentals:
Equinox Gold Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.53 and a Current Ratio set at 1.14.
EQX Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EQX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Equinox Gold Corp go to 69.16%.
Equinox Gold Corp [EQX] Institutonal Ownership Details
The top three institutional holders of EQX stocks are: ORION RESOURCE PARTNERS LP with ownership of 42.0 million shares, which is approximately 10.7019%. VAN ECK ASSOCIATES CORP, holding 38.17 million shares of the stock with an approximate value of $$199.61 million in EQX stocks shares; and VAN ECK ASSOCIATES CORP, currently with $$69.92 million in EQX stock with ownership which is approximately 4.1264%.
