Spotting A Winner: Equinox Gold Corp (AMEX: EQX) Retreats -1.75 And It Still Have Room To Run

Equinox Gold Corp (AMEX:EQX) currently has a daily average trading volume of 4.31M but it saw 5342097 shares traded in last market. With a market cap of 2.30B USD, the company’s current market price of $5.06 came falling about -1.75 while comparing to the previous closing price of $5.15. 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 $5.02 while lowest mark touched by it was $5.225.

Taking a look at 20-day trading activity of Equinox Gold Corp (EQX) gives us an average price of $5.66, while its current price level is -22.15% below from 52-week high level whereas it is 28.10% 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 $5.63 while that of 200 days or SMA-200 reads an average of $5.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.31% during that period while stretching the period over a month that decreases to 4.24%. 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 38.65 which implies that the stock is in neutral territory.

Over the week, EQX’s stock price is moving -12.31% down while it is -7.83% when we observe its performance for the past one month. Year-to-date it is 3.48% up and over the past year, the stock is showing a downside performance of -0.78%.

Currently, Equinox Gold Corp’s total number of outstanding shares is 428.65M. Company’s return on investment (ROI) stands at 5.50% and return on equity (ROE) at 8.72%. It has a price to earnings ratio (P/E ratio) of 10.48 while having a 4.23 of forward P/E ratio. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 0.67 while price to sale or P/S ratio amounts to 1.86. Its return on asset (ROA) is 4.41% on average.