Stock AnalizEquinox Gold Corp. EQX
Precious Metals · data as of November 13, 2026
Equinox Gold Corp. (EQX) is a materials company listed in the US with a market value of about $12.3B. In the twelve months to September 30, 2026 it had revenue of $3.4B and net income of $801M, a net margin of 23.8%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is financial health (5/5); the weakest is shareholder returns (0/5).
Key numbers: a P/E of 24.5, a price to free cash flow of 55.6, 5-year revenue growth of 17% a year, a 5-year average ROIC of 2%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 14% below the current price.
Score: 2.4 / 5
Checks passed
- P/E below 25
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- More cash than debt, or low debt to equity
Checks not passed
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- ROE above 15%
Valuation
Growth and quality
Financials, last 8 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.4B | $1.8B | $913M | $1.1B | $952M | $1.1B | $845M | $282M | $30M |
| Net income | $801M | $221M | $339M | $29M | -$106M | $555M | $21M | -$18M | -$66M |
| Free cash flow | $222M | $126M | -$40M | -$165M | -$501M | -$23M | $81M | -$38M | -$126M |
| EPS (diluted) | $0.42 | $0.19 | $0.28 | $0.02 | $-0.09 | $0.46 | $0.02 | $-0.02 | $-0.05 |
| Net margin | 23.8% | 12.2% | 37.2% | 2.6% | -11.1% | 51.3% | 2.5% | -6.5% | -217.3% |
| ROIC | — | 4.7% | 2.5% | 1.2% | 0.3% | 3.7% | 4.5% | 6.5% | -4.5% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 2 analysts is $15.84, 54% above the current price; targets range from $14.00 to $17.67; the consensus rating is “Strong buy”; expected EPS is $0.93 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Equinox Gold’s P/E ratio?
About 24.5, based on the last twelve months of diluted earnings per share (forward P/E about 8.5).
Is Equinox Gold stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 14% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Equinox Gold pay a dividend?
Yes. The dividend yield is about 0.51%.
Is Equinox Gold a good stock to buy?
We do not give buy or sell advice. Equinox Gold scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.