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Equinox Gold Corp.

  • Market Cap: Mid Cap
  • Industry: Gems, Jewellery And Watches
  • ISIN: CA29446Y5020
  • TSE: EQX
CAD
17.95
0.86 (5.03%)

Sep 22

TSE

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
OceanaGold Corp.
Triple Flag Precious Metals Corp.
Equinox Gold Corp.
First Majestic Silver Corp.
SSR Mining, Inc.
B2Gold Corp.
Lundin Gold, Inc.
Sandstorm Gold Ltd.
Eldorado Gold Corp.
Osisko Gold Royalties Ltd.
Filo Corp.

Why is Equinox Gold Corp. ?

1
Healthy long term growth as Net Sales has grown by an annual rate of 25.81%
2
With a growth in Net Profit of 816.5%, the company declared Outstanding results in Jun 26
  • The company has declared positive results for the last 4 consecutive quarters
  • OPERATING CASH FLOW(Y) Highest at CAD 1,344.71 MM
  • INTEREST COVERAGE RATIO(Q) The company hardly has any interest cost
  • PRE-TAX PROFIT(Q) At CAD 335.85 MM has Grown at 547.37%
3
High Institutional Holdings at 68.38%
  • These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
  • Their stake has increased by 8.14% over the previous quarter.
4
Market Beating Performance
  • The stock has generated a return of 78.05% in the last 1 year, much higher than market (S&P/TSX 60) returns of 30.16%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Equinox Gold Corp. should be less than 10%
  2. Overall Portfolio exposure to Gems, Jewellery And Watches should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gems, Jewellery And Watches)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Equinox Gold Corp. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Equinox Gold Corp.
18.25%
2.27
66.69%
S&P/TSX 60
20.36%
2.51
12.02%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
25.81%
EBIT Growth (5y)
38.44%
EBIT to Interest (avg)
2.63
Debt to EBITDA (avg)
2.54
Net Debt to Equity (avg)
0.37
Sales to Capital Employed (avg)
0.29
Tax Ratio
37.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
68.38%
ROCE (avg)
4.96%
ROE (avg)
6.87%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
16
Industry P/E
Price to Book Value
1.23
EV to EBIT
7.85
EV to EBITDA
5.29
EV to Capital Employed
1.22
EV to Sales
2.72
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
15.58%
ROE (Latest)
7.53%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

49What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CAD 1,344.71 MM

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

PRE-TAX PROFIT(Q)

At CAD 335.85 MM has Grown at 547.37%

NET PROFIT(Q)

At CAD 240.24 MM has Grown at 857.69%

DEBT-EQUITY RATIO (HY)

Lowest at 1.59 %

DIVIDEND PAYOUT RATIO(Y)

Highest at 5.4%

RAW MATERIAL COST(Y)

Fallen by -9.73% (YoY

CASH AND EQV(HY)

Highest at CAD 1,380.48 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 4.08 times

DEBTORS TURNOVER RATIO(HY)

Highest at 39.46 times

DIVIDEND PER SHARE(HY)

Highest at CAD 39.46

NET SALES(Q)

At CAD 1,065.69 MM has Grown at 60.79%

EPS(Q)

Highest at CAD 0.36

0What is not working for the Company
NO KEY NEGATIVE TRIGGERS

Here's what is working for Equinox Gold Corp.

Net Sales
At CAD 1,065.69 MM has Grown at 169.26%
Year on Year (YoY)
MOJO Watch
Near term sales trend is extremely positive

Net Sales (CAD MM)

Pre-Tax Profit
At CAD 335.85 MM has Grown at 547.37%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CAD MM)

Net Profit
At CAD 240.24 MM has Grown at 857.69%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CAD MM)

Operating Cash Flow
Highest at CAD 1,344.71 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (CAD MM)

Debt-Equity Ratio
Lowest at 1.59 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Net Sales
At CAD 1,065.69 MM has Grown at 60.79%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (CAD MM)

EPS
Highest at CAD 0.36
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (CAD)

Cash and Eqv
Highest at CAD 1,380.48 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio
Highest at 4.08 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio
Highest at 39.46 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Dividend per share
Highest at CAD 39.46
in the last five years
MOJO Watch
Company is distributing higher dividend from profits generated

DPS (CAD)

Dividend Payout Ratio
Highest at 5.4%
in the last five years
MOJO Watch
Company is distributing higher proportion of profits generated as dividend

DPR (%)

Raw Material Cost
Fallen by -9.73% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

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