Equinox Gold Financials
| 1LRC Stock | EUR 5.29 0.10 1.93% |
Equinox |
Understanding current and past Equinox Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Equinox Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Equinox Gold's assets may result in an increase in income on the income statement.
Equinox Gold Stock Summary
Equinox Gold competes with Motorcar Parts, Austevoll Seafood, Astral Foods, National Retail, and J+J SNACK. Equinox Gold Corp. engages in the acquisition, exploration, and development of mineral deposits. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. EQUINOX GOLD is traded on Frankfurt Stock Exchange in Germany.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | CA29446Y5020 |
| Business Address | 700 West Pender |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.equinoxgold.com |
| Phone | 604 558 0560 |
| Currency | EUR - Euro |
You should never invest in Equinox Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Equinox Stock, because this is throwing your money away. Analyzing the key information contained in Equinox Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Equinox Gold Key Financial Ratios
There are many critical financial ratios that Equinox Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Equinox Gold Corp reports annually and quarterly.| Return On Equity | -0.0429 | |||
| Return On Asset | 0.0017 | |||
| Target Price | 9.98 | |||
| Number Of Employees | 22 | |||
| Beta | 0.71 |
Equinox Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Equinox Gold's current stock value. Our valuation model uses many indicators to compare Equinox Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Equinox Gold competition to find correlations between indicators driving Equinox Gold's intrinsic value. More Info.Equinox Gold Corp is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Equinox Gold's earnings, one of the primary drivers of an investment's value.Equinox Gold Corp Systematic Risk
Equinox Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Equinox Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Equinox Gold Corp correlated with the market. If Beta is less than 0 Equinox Gold generally moves in the opposite direction as compared to the market. If Equinox Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Equinox Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Equinox Gold is generally in the same direction as the market. If Beta > 1 Equinox Gold moves generally in the same direction as, but more than the movement of the benchmark.
Equinox Gold November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Equinox Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Equinox Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Equinox Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Equinox Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Equinox Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.07 | |||
| Information Ratio | 0.0047 | |||
| Maximum Drawdown | 17.02 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 6.8 |
Complementary Tools for Equinox Stock analysis
When running Equinox Gold's price analysis, check to measure Equinox Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinox Gold is operating at the current time. Most of Equinox Gold's value examination focuses on studying past and present price action to predict the probability of Equinox Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinox Gold's price. Additionally, you may evaluate how the addition of Equinox Gold to your portfolios can decrease your overall portfolio volatility.
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