Equinox Gold Corp (EQX) Stock Analysis
Verdict: HOLD
Heavy CapEx for Greenstone and Los Filos is depressing current FCF, but 33% revenue growth and low 13.6x P/E create a high-leverage recovery play.
Investment score: 64/100
Analysis as of
Is Equinox Gold Corp stock worth reviewing? The TradeMates thesis
Equinox Gold is undergoing a painful technical correction despite 32.9% revenue growth and strong margins; holding for a turnaround at support is preferred over selling into the hole.
7-factor investment score
- Valuation: 75/100 (weight 20%)
- Financial Health: 60/100 (weight 15%)
- Technical Momentum: 35/100 (weight 15%)
- Earnings Quality: 85/100 (weight 15%)
- Insider Sentiment: 50/100 (weight 10%)
- Analyst Consensus: 70/100 (weight 10%)
- Risk-Adjusted Return: 55/100 (weight 15%)
Equinox Gold Corp opportunities and risks
What speaks for EQX
- Greenstone Production Ramp-up
What speaks against EQX
- Sustained Negative Free Cash Flow
Peers and competitors
- ELD.TO
- DPM.TO
- OR.TO
- GMIN.TO
- TFPM.TO
| Ticker | P/E | P/S | EV/EBITDA | Gross margin | Net margin | FCF yield |
|---|---|---|---|---|---|---|
| EQX | 13.6x | 3.6x | 7.0x | 37.9% | 26.7% | 0.8% |
| ELD.TO | 10.6x | 3.1x | 6.6x | 49.4% | 28.7% | -5.4% |
| DPM.TO | 14.0x | 5.5x | 7.7x | 60.6% | 47.1% | 9.3% |
| OR.TO | 22.8x | 18.8x | 17.0x | 86.1% | 82.4% | 2.0% |
| GMIN.TO | 17.8x | 10.1x | 11.8x | 69.1% | 55.2% | 0.6% |
| TFPM.TO | 19.4x | 13.3x | 14.6x | 74.4% | 68.6% | 3.0% |
| Peer median | 17.8x | 10.1x | 11.8x | 69.1% | 55.2% | 2.0% |
Frequently asked questions about Equinox Gold Corp (EQX)
Is EQX stock a good investment?
The TradeMates model rates Equinox Gold Corp as HOLD with an investment score of 64/100. Equinox Gold is undergoing a painful technical correction despite 32.9% revenue growth and strong margins; holding for a turnaround at support is preferred over selling into the hole. This is algorithmic model output, not personal investment advice.
Is EQX stock a buy?
The TradeMates model verdict for EQX is HOLD with an investment score of 64/100. Treat this as a model signal to review, not a personal buy recommendation.