ScoreWhy is Equinox Gold Corp. ?
1
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%
2
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 ReportHow 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.
103.98%
2.47
52.44%
S&P/TSX 60
30.07%
1.54
14.62%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
24.30%
EBIT Growth (5y)
25.81%
EBIT to Interest (avg)
1.95
Debt to EBITDA (avg)
1.72
Net Debt to Equity (avg)
0.37
Sales to Capital Employed (avg)
0.29
Tax Ratio
52.67%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
60.08%
ROCE (avg)
4.44%
ROE (avg)
6.87%
ValuationValuation 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
NA
Dividend Yield
NA
ROCE (Latest)
5.15%
ROE (Latest)
-0.02%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend30What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CAD 958.21 MM
NET SALES(HY)
At CAD 2,078 MM has Grown at 49.67%
DEBTORS TURNOVER RATIO(HY)
Highest at 35.16 times
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
RAW MATERIAL COST(Y)
Fallen by -94.06% (YoY
CASH AND EQV(HY)
Highest at CAD 1,342.42 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 21.83 %
INVENTORY TURNOVER RATIO(HY)
Highest at 4.07 times
OPERATING PROFIT(Q)
Highest at CAD 547.2 MM
OPERATING PROFIT MARGIN(Q)
Highest at 57.59 %
PRE-TAX PROFIT(Q)
Highest at CAD 346.92 MM
NET PROFIT(Q)
Highest at CAD 162.5 MM
EPS(Q)
Highest at CAD 0.35
-10What is not working for the Company
INTEREST(HY)
At CAD 125.16 MM has Grown at 57.46%
NET PROFIT(9M)
At CAD 344.59 MM has Grown at -25.23%
Here's what is working for Equinox Gold Corp.
Pre-Tax Profit
At CAD 346.92 MM has Grown at 117.23%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (CAD MM)
Net Profit
At CAD 162.5 MM has Grown at 173.97%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (CAD MM)
Net Sales
At CAD 2,078 MM has Grown at 49.67%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (CAD MM)
Debtors Turnover Ratio
Highest at 35.16 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Operating Cash Flow
Highest at CAD 958.21 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CAD MM)
Operating Profit
Highest at CAD 547.2 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CAD MM)
Operating Profit Margin
Highest at 57.59 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at CAD 346.92 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CAD MM)
Net Profit
Highest at CAD 162.5 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CAD MM)
EPS
Highest at CAD 0.35
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CAD)
Cash and Eqv
Highest at CAD 1,342.42 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at 21.83 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 4.07 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by -94.06% (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 125.16 MM has Grown at 57.46%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CAD MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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