Equinox Gold (TSE:EQX) Stock Price Up 6.6% – Should You Buy?

Equinox Gold Corp. (TSE:EQXGet Free Report) traded up 6.6% during trading on Wednesday . The company traded as high as C$8.15 and last traded at C$8.09. 223,488 shares were traded during trading, a decline of 51% from the average session volume of 457,498 shares. The stock had previously closed at C$7.59.

Equinox Gold Trading Up 6.6 %

The firm has a market cap of C$3.67 billion, a price-to-earnings ratio of 9.99 and a beta of 1.16. The business’s 50 day moving average price is C$7.70 and its 200-day moving average price is C$7.71. The company has a debt-to-equity ratio of 51.77, a quick ratio of 1.31 and a current ratio of 1.10.

Equinox Gold Company Profile

(Get Free Report)

Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It 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.

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