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Upturn AI SWOT - About
EQX 
Equinox Gold Corp (EQX)
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Upturn Advisory Summary
03/27/2025: EQX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -44.46% | Avg. Invested days 21 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.07B USD | Price to earnings Ratio 8.95 | 1Y Target Price 6.29 |
Price to earnings Ratio 8.95 | 1Y Target Price 6.29 | ||
Volume (30-day avg) 9253573 | Beta 1.23 | 52 Weeks Range 4.48 - 7.24 | Updated Date 04/1/2025 |
52 Weeks Range 4.48 - 7.24 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.75 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 22.41% | Operating Margin (TTM) 25.69% |
Management Effectiveness
Return on Assets (TTM) 2.7% | Return on Equity (TTM) 11.62% |
Valuation
Trailing PE 8.95 | Forward PE 7.31 | Enterprise Value 4231765917 | Price to Sales(TTM) 2.03 |
Enterprise Value 4231765917 | Price to Sales(TTM) 2.03 | ||
Enterprise Value to Revenue 2.79 | Enterprise Value to EBITDA 4.46 | Shares Outstanding 456063008 | Shares Floating 385797270 |
Shares Outstanding 456063008 | Shares Floating 385797270 | ||
Percent Insiders 6.02 | Percent Institutions 68.64 |
Analyst Ratings
Rating 3.89 | Target Price 6.29 | Buy 2 | Strong Buy 3 |
Buy 2 | Strong Buy 3 | ||
Hold 4 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Equinox Gold Corp
Company Overview
History and Background
Equinox Gold Corp. was formed in 2017 through a merger of Trek Mining Inc., NewCastle Gold Ltd., and Anfield Gold Corp. It's focused on gold production and development across the Americas. The company has grown through acquisitions and development of its own projects.
Core Business Areas
- Gold Production: Equinox Gold focuses on the operation of gold mines and processing facilities, producing gold bullion.
- Project Development: The company develops gold mining projects, taking them from exploration and feasibility stages through to construction and production.
Leadership and Structure
Ross Beaty is the Chairman of Equinox Gold. Greg Smith is the CEO. The company has a board of directors and a management team responsible for various aspects of the business.
Top Products and Market Share
Key Offerings
- Gold Bullion: Equinox Gold's primary product is gold bullion produced from its various mining operations. Market share data is difficult to pinpoint exactly as gold is a globally traded commodity, but Equinox's production contributes to the overall global supply. Competitors are other major gold mining companies (e.g., Newmont, Barrick Gold).
Market Dynamics
Industry Overview
The gold mining industry is driven by factors such as gold prices, geopolitical events, inflation, and investor sentiment. There is currently a high gold price environment.
Positioning
Equinox Gold is a mid-tier gold producer aiming to grow its production profile. Its competitive advantages include its diversified asset base in the Americas and its experienced management team.
Total Addressable Market (TAM)
The global gold market is estimated in the hundreds of billions of dollars. Equinox Gold, as a mid-tier producer, targets a portion of this market by increasing its gold production and reserves.
Upturn SWOT Analysis
Strengths
- Diversified asset base in the Americas
- Experienced management team
- Growth potential through project development and acquisitions
- Operating mines with established production profiles
Weaknesses
- Relatively high cost of production compared to major producers
- Project development execution risk
- Reliance on gold prices
- Exposure to political and regulatory risks in operating jurisdictions
Opportunities
- Further acquisitions of gold mining assets
- Expansion of existing mining operations
- Increased gold prices
- Advancement of development projects to production
Threats
- Decline in gold prices
- Geopolitical instability in operating regions
- Increased operating costs (fuel, labor, etc.)
- Environmental regulations and permitting delays
Competitors and Market Share
Key Competitors
- Newmont Corporation (NEM)
- Barrick Gold Corporation (GOLD)
- Agnico Eagle Mines Limited (AEM)
Competitive Landscape
Equinox Gold competes with larger, more established gold mining companies. It aims to differentiate itself through its focus on the Americas, its growth potential, and its operating efficiency. Equinox's relatively smaller size can be a disadvantage.
Major Acquisitions
Premier Gold Mines
- Year: 2021
- Acquisition Price (USD millions): 480
- Strategic Rationale: Acquisition of Premier Gold Mines provided Equinox with ownership of the high-quality Greenstone Gold Mines project in Ontario, Canada.
Growth Trajectory and Initiatives
Historical Growth: Equinox Gold has grown rapidly through acquisitions and development of its mining assets.
Future Projections: Analyst projections depend on gold prices, production forecasts, and project development timelines.
Recent Initiatives: Recent initiatives include the advancement of the Greenstone mine in Ontario, and ongoing exploration programs at other mine sites.
Summary
Equinox Gold is a mid-tier gold producer with a diversified asset base. Its strength lies in its growth potential, but it faces risks related to gold prices and project development. Successful execution of its projects and strategic acquisitions are key to future performance. The company needs to carefully manage its operating costs and navigate geopolitical risks.
Similar Companies
AEM
Agnico Eagle Mines Limited
AEM
Agnico Eagle Mines Limited
GOLD
Barrick Gold Corp
GOLD
Barrick Gold Corp
KGC
Kinross Gold Corporation
KGC
Kinross Gold Corporation
NEM
Newmont Goldcorp Corp
NEM
Newmont Goldcorp Corp
Sources and Disclaimers
Data Sources:
- Company filings (SEDAR, SEC)
- Analyst reports
- Industry publications
- Company website
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Actual results may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Equinox Gold Corp
Exchange NYSE MKT | Headquaters Vancouver, BC, Canada | ||
IPO Launch date 2018-08-03 | CEO, President & Director Mr. Gregory D. Smith C.A. | ||
Sector Basic Materials | Industry Gold | Full time employees - | Website https://www.equinoxgold.com |
Full time employees - | Website https://www.equinoxgold.com | ||
Equinox Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in the Americas. The company primarily explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada. The company was formerly known as Trek Mining Inc. and changed its name to Equinox Gold Corp. in December 2017. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
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