Equinox Gold Corp. (EQX) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Triple Flag Precious Metals Corp.

SSR Mining, Inc.

OceanaGold Corp.

Lundin Gold, Inc.

Osisko Gold Royalties Ltd.

B2Gold Corp.

First Majestic Silver Corp.

Sandstorm Gold Ltd.

Eldorado Gold Corp.

Equinox Gold Corp.

Filo Corp.

Why is Equinox Gold Corp. ?

Risky -

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of 72.81%, its profits have fallen by -100.5%

Reducing Promoter Confidence

Promoters have decreased their stake in the company by -1.97% over the previous quarter and currently hold 7.25% of the company
Promoters decreasing their stake may signify reduced confidence in the future of the business

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Equinox Gold Corp. should be less than 10%
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.

130.92%

2.47

52.44%

S&P/TSX 60

19.1%

1.54

14.62%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

28.74%

EBIT Growth (5y)

17.87%

EBIT to Interest (avg)

1.95

Debt to EBITDA (avg)

1.72

Net Debt to Equity (avg)

0.37

Sales to Capital Employed (avg)

0.30

Tax Ratio

52.67%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

60.97%

ROCE (avg)

4.44%

ROE (avg)

6.87%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

1.92

EV to EBIT

33.63

EV to EBITDA

17.04

EV to Capital Employed

1.73

EV to Sales

5.91

PEG Ratio

Dividend Yield

ROCE (Latest)

5.15%

ROE (Latest)

-0.02%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bearish

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

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

15What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CAD 603.95 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 26.6%

NET SALES(Q)

At CAD 662.39 MM has Grown at 79.68%

RAW MATERIAL COST(Y)

Fallen by -419.59% (YoY

OPERATING PROFIT MARGIN(Q)

Highest at 39.85 %

-24What is not working for the Company

INTEREST(HY)

At CAD 132.05 MM has Grown at 154.98%

PRE-TAX PROFIT(Q)

At CAD 51.85 MM has Fallen at -91.79%

NET PROFIT(Q)

At CAD 25.07 MM has Fallen at -93.75%

ROCE(HY)

Lowest at -0.61%

Here's what is working for Equinox Gold Corp.

Net Sales

At CAD 662.39 MM has Grown at 79.68%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very positive

Net Sales (CAD MM)

Debtors Turnover Ratio

Highest at 26.6% and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Operating Cash Flow

Highest at CAD 603.95 MM

in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CAD MM)

Operating Profit Margin

Highest at 39.85 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Raw Material Cost

Fallen by -419.59% (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

Here's what is not working for Equinox Gold Corp.

Interest

At CAD 132.05 MM has Grown at 154.98%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CAD MM)

Pre-Tax Profit

At CAD 51.85 MM has Fallen at -91.79%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CAD MM)

Net Profit

At CAD 25.07 MM has Fallen at -93.75%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CAD MM)