With 6.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.94 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $6.13 whereas the lowest price it dropped to was $5.81. The 52-week range on EQX shows that it touched its highest point at $6.50 and its lowest point at $3.95 during that stretch. It currently has a 1-year price target of $7.74. Beta for the stock currently stands at 1.28.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EQX was up-trending over the past week, with a rise of 9.89%, but this was up by 11.52% over a month. Three-month performance surged to 9.69% while six-month performance rose 11.73%. The stock gained 10.70% in the past year, while it has gained 22.70% so far this year. A look at the trailing 12-month EPS for EQX yields 0.48 with Next year EPS estimates of 1.09. For the next quarter, that number is 0.20. This implies an EPS growth rate of 297.00% for this year and 292.84% for next year.
Float and Shares Shorts:
At present, 428.65 million EQX shares are outstanding with a float of 380.83 million shares on hand for trading. On 2024-11-15, short shares totaled 14.97 million, which was 340.99999999999994 higher than short shares on 1728950400. In addition to Mr. Gregory D. Smith C.A. as the firm’s CEO, President & Director, Mr. Peter Jeremie Hardie C.A., CPA serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.62037 of EQX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, EQX reported revenue of $428386000.0 and operating income of $84049000.0. The EBITDA in the recently reported quarter was $137365000.0 and diluted EPS was $0.000697.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EQX since 15 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 8 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With EQX analysts setting a high price target of 6.77 and a low target of 6.77, the average target price over the next 12 months is 6.77. Based on these targets, EQX could surge 12.83% to reach the target high and rise by 12.83% to reach the target low. Reaching the average price target will result in a growth of 12.83% from current levels.
Analysts have provided yearly estimates in a range of $0.40954 being high and $0.17552 being low. For EQX, this leads to a yearly average estimate of $0.2779. The surprise factor in the prior quarter was -$0.01. Based on analyst estimates, the high estimate for the next quarter is $0.31 and the low estimate is $0.31. The average estimate for the next quarter is thus $0.31.
