Ideas And Forecasts On Equinox Gold Corp (AMEX: EQX)

Equinox Gold Corp (AMEX:EQX) currently has a daily average trading volume of 3.47M but it saw 4537094 shares traded in last market. With a market cap of 2.51B USD, the company’s current market price of $5.85 came falling about -2.82 while comparing to the previous closing price of $6.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.50 and as low as $3.95. In the recent trading on the day, stock has struck highest price mark of $5.73 while lowest mark touched by it was $6.1.

Taking a look at 20-day trading activity of Equinox Gold Corp (EQX) gives us an average price of $5.85, while its current price level is -10.00% below from 52-week high level whereas it is 48.10% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.83 while that of 200 days or SMA-200 reads an average of $5.36. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.67% during that period while stretching the period over a month that decreases to 3.69%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.04 which implies that the stock is in neutral territory.

Over the week, EQX’s stock price is moving 7.54% up while it is -8.02% when we observe its performance for the past one month. Year-to-date it is 19.63% up and over the past year, the stock is showing an upside performance of 25.81%.

Currently, Equinox Gold Corp’s total number of outstanding shares is 428.50M. Company’s return on investment (ROI) stands at 5.43% and return on equity (ROE) at 8.80%. It has a price to earnings ratio (P/E ratio) of 11.96 while having a 5.74 of forward P/E ratio. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 0.78 while price to sale or P/S ratio amounts to 2.29. Its return on asset (ROA) is 4.60% on average.