Peter Hardie - Equinox Gold Chief Financial Officer

EQX Stock  CAD 8.00  0.34  4.44%   

CFO

Peter Hardie is Chief Financial Officer of Equinox Gold Corp since 2017.
Tenure 7 years
Address 700 West Pender Street, Vancouver, BC, Canada, V6C 1G8
Phone604 558 0560
Webhttps://www.equinoxgold.com

Equinox Gold Management Efficiency

The company has return on total asset (ROA) of 0.0131 % which means that it generated a profit of $0.0131 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0872 %, meaning that it generated $0.0872 on every $100 dollars invested by stockholders. Equinox Gold's management efficiency ratios could be used to measure how well Equinox Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.01. At this time, Equinox Gold's Net Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.01, while Net Current Asset Value is likely to drop about 77.4 K.
Equinox Gold Corp has accumulated 945.37 M in total debt with debt to equity ratio (D/E) of 0.56, which is about average as compared to similar companies. Equinox Gold Corp has a current ratio of 3.55, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Equinox Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Equinox Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Equinox Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Equinox to invest in growth at high rates of return. When we think about Equinox Gold's use of debt, we should always consider it together with cash and equity.

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Equinox Gold Corp. engages in the acquisition, exploration, and development of mineral deposits. Equinox Gold Corp. was founded in 2007 and is headquartered in Vancouver, Canada. EQUINOX GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 622 people. Equinox Gold Corp (EQX) is traded on Toronto Exchange in Canada and employs 3,692 people. Equinox Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Equinox Gold Corp Leadership Team

Elected by the shareholders, the Equinox Gold's board of directors comprises two types of representatives: Equinox Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Equinox. The board's role is to monitor Equinox Gold's management team and ensure that shareholders' interests are well served. Equinox Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Equinox Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter Hardie, Chief Financial Officer
Lenard Boggio, Lead Independent Director
Doug Reddy, Executive Vice President - Technical Services
Susan Toews, General Secretary
PEng MBA, Senior Services
Sebastian DAmici, Senior Treasury
Christian Milau, Chief Executive Officer, Director
Gordon Campbell, Independent Director
Adriaan Roux, Chief Operating Officer
Rhylin Bailie, Vice Relations
Marshall Koval, Director
Gregory CA, President CEO
Wesley Clark, Independent Director
Gregory Smith, President
Ross Beaty, Independent Chairman of the Board
Douglas PGeo, Chief Officer
Timothy Breen, Director
P Eng, Ex Operations
Peter Marrone, Independent Director
Gordana Vicentijevic, Senior Development
Tim Breen, Director

Equinox Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Equinox Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Equinox Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equinox Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equinox Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Equinox Stock

  0.4BRK Berkshire Hathaway CDRPairCorr
The ability to find closely correlated positions to Equinox Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinox Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equinox Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equinox Gold Corp to buy it.
The correlation of Equinox Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equinox Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinox Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equinox Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Equinox Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinox Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinox Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinox Gold Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinox Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Please note, there is a significant difference between Equinox Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinox Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinox Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.