Equinox Gold Stock Target Price and Analyst Consensus

EQX Stock  USD 5.65  0.05  0.89%   
The current analyst and expert consensus on Equinox Gold is Buy with 4 hold recommendations. The current projected Equinox Gold target price consensus is 6.20 with 9 analyst opinions. One of the most common ways Equinox Gold Corp analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Equinox Gold vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Equinox Gold. We strongly encourage you to use your own analysis of Equinox Gold Corp to validate this buy or sell advice. Equinox Gold recommendation module provides expert sentiment on the projected Equinox Gold Corp target price to derive its highest and lowest estimates based on target price standard deviation of 3.4418.
Lowest Forecast
5.64
Highest Forecast
6.88
Target Price
6.2
At this time, Equinox Gold's Pretax Profit Margin is fairly stable compared to the past year. Operating Profit Margin is likely to rise to 0.05 in 2024, whereas Gross Profit is likely to drop slightly above 64.3 M in 2024. At this time, Equinox Gold's Non Current Liabilities Total is fairly stable compared to the past year. Total Liabilities is likely to rise to about 2 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (11.9 M).
  
It's important to approach Equinox Gold's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Equinox Gold price targets

Equinox Gold's stock target price is an estimate of its future price, usually made by analysts. Using Equinox Gold's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Equinox Gold's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Equinox Gold's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Equinox Gold Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Equinox Gold is a key component of Equinox Gold valuation and have some predictive power on the future returns of a Equinox Gold.
Hype
Prediction
LowEstimatedHigh
2.185.659.12
Details
Intrinsic
Valuation
LowRealHigh
2.045.518.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.060.08
Details

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Additional 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.