Equinox Gold (TSE:EQX) Upgraded to “Hold” at TD Securities

Equinox Gold (TSE:EQX) was upgraded by investment analysts at TD Securities to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Equinox Gold Price Performance

TSE EQX opened at C$9.53 on Tuesday. The stock’s 50-day moving average price is C$8.12 and its two-hundred day moving average price is C$7.86. The company has a market cap of C$4.32 billion, a PE ratio of 11.77 and a beta of 1.16. The company has a current ratio of 1.10, a quick ratio of 1.31 and a debt-to-equity ratio of 51.77. Equinox Gold has a 1 year low of C$5.36 and a 1 year high of C$9.80.

Equinox Gold (TSE:EQX) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.12 EPS for the quarter, missing analysts’ consensus estimates of C$0.14 by C($0.02). Equinox Gold had a return on equity of 8.79% and a net margin of 22.60%. During the same quarter last year, the business posted $0.12 earnings per share. On average, analysts predict that Equinox Gold will post 1.3865979 EPS for the current year.

Equinox Gold Company Profile

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.