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ISIN
CA29446Y5020
CUSIP
29446Y502
Industry
Gold
IPO Date
Aug 3, 2018

Highlights

Market Cap
$8.46B
Enterprise Value
$8.74B
EPS (TTM)
$0.89
PE Ratio
11.51
PEG Ratio
0.02
Total Revenue (TTM)
$2.29B
Gross Profit (TTM)
$866.94M
EBITDA (TTM)
$1.22B
Year Range
$5.61 - $18.96
ROA (TTM)
6.33%
ROE (TTM)
9.97%

Share Price Chart


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Performance

EQX Performance Chart

Equinox Gold Corp. (EQX) is down 26.8% since the beginning of the year. At $10 per share, EQX is trading 45.9% below its 52-week high of $19. Investors who bought $1,000 worth of EQX shares 5 years ago would now be looking at an investment worth $1,427.


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S&P 500 Index

Returns By Period

Equinox Gold Corp. (EQX) has returned -26.84% so far this year and 70.92% over the past 12 months.


Equinox Gold Corp.

1D
-2.47%
1M
-15.50%
YTD
-26.84%
6M
-31.06%
1Y
70.92%
3Y*
30.71%
5Y*
7.37%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EQX Monthly Returns History

Based on dividend-adjusted daily data since Aug 3, 2018, EQX's average daily return is +0.11%, while the average monthly return is +2.15%. At this rate, an investment would double in approximately 2.7 years.

Historically, 53% of months were positive and 47% were negative. The best month was Mar 2024 with a return of +48.6%, while the worst month was Jun 2021 at -25.4%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.

On a daily basis, EQX closed higher 49% of trading days. The best single day was Nov 4, 2022 with a return of +19.0%, while the worst single day was Sep 19, 2023 at -19.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.85%31.19%-22.85%-3.46%-2.89%-24.30%-26.84%
202520.92%5.77%7.17%-2.62%-1.04%-13.27%6.09%43.61%28.08%-2.23%26.53%1.15%179.68%
2024-10.02%-7.95%48.64%-10.13%0.18%-3.51%7.46%0.89%7.41%-9.03%1.99%-11.15%2.66%
202338.72%-20.00%41.48%-3.30%-5.62%-2.55%15.07%-4.17%-16.24%4.02%24.55%-10.77%49.09%
2022-14.94%23.13%16.81%-13.78%-18.09%-23.97%0.45%-21.75%4.58%-9.04%5.72%-6.55%-51.48%
2021-7.45%-13.48%-3.50%1.25%15.08%-25.35%0.14%3.45%-8.33%12.58%-4.58%-4.65%-34.62%

Benchmark Metrics

Equinox Gold Corp. has an annualized alpha of 21.51%, beta of 0.57, and R2 of 0.04 versus S&P 500 Index. Calculated based on daily prices since August 03, 2018.

  • This stock captured 116.29% of S&P 500 Index gains and 115.78% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • Beta of 0.57 may look defensive, but with R2 of 0.04 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R2 of 0.04 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
21.51%
Beta
0.57
0.04
Upside Capture
116.29%
Downside Capture
115.78%

Return for Risk

Risk / Return Rank

EQX ranks 72 for risk / return — better than 72% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


EQX Risk / Return Rank: 7272
Overall Rank
EQX Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
EQX Sortino Ratio Rank: 7171
Sortino Ratio Rank
EQX Omega Ratio Rank: 7171
Omega Ratio Rank
EQX Calmar Ratio Rank: 6969
Calmar Ratio Rank
EQX Martin Ratio Rank: 7474
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Equinox Gold Corp. (EQX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


EQXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.86

Sortino ratioReturn per unit of downside risk

-1.00

Omega ratioGain probability vs. loss probability

1.22

1.37

-0.15

Calmar ratioReturn relative to maximum drawdown

1.48

2.78

-1.30

Martin ratioReturn relative to average drawdown

4.23

12.44

-8.21

Dividends

Dividend History

Equinox Gold Corp. provided a 0.29% dividend yield over the last twelve months, with an annual payout of $0.03 per share.


PeriodTTM
Dividend$0.03

Dividend yield

0.29%

Monthly Dividends

The table displays the monthly dividend distributions for Equinox Gold Corp.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.02$0.00$0.02$0.00$0.03

Dividend Yield & Payout


Dividend Yield

Equinox Gold Corp. has a dividend yield of 0.29%, which signifies it pays a smaller percentage of its stock price in dividends to its shareholders compared to other companies in the market.

Payout Ratio

Equinox Gold Corp. has a payout ratio of 1.91%, which is below the market average. This means Equinox Gold Corp. returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Equinox Gold Corp.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Equinox Gold Corp. was 81.06%, occurring on Nov 3, 2022. Recovery took 768 trading sessions.

The current Equinox Gold Corp. drawdown is 45.25%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-81.06%Nov 2022
2y 2mo3y 24d
5y 3moAug 2020 - Nov 2025
2026 bear market2026
-48.02%Jun 2026
3mo 10d
3mo 23dMar 2026 - now
COVID crash2020
-42.99%Mar 2020
23d2mo 15d
3mo 8dFeb 2020 - Jun 2020
Rate-hike selloffLate 2018
-27.76%Nov 2018
3mo 21d3mo 11d
7mo 2dAug 2018 - Mar 2019
2019 bear market2019
-25.49%May 2019
1mo 7d1mo 19d
2mo 26dMar 2019 - Jun 2019

Drawdown Indicators


EQXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-81.06%

-56.78%

-24.28%

Max Drawdown (1Y)

Largest decline over 1 year

-48.02%

-9.10%

-38.92%

Max Drawdown (3Y)

Largest decline over 3 years

-48.02%

-18.90%

-29.12%

Max Drawdown (5Y)

Largest decline over 5 years

-71.57%

-25.43%

-46.14%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-45.25%

-1.80%

-43.45%

Average Drawdown

Average peak-to-trough decline

-38.13%

-10.71%

-27.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

16.83%

2.03%

+14.80%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Equinox Gold Corp. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Equinox Gold Corp. is priced in the market compared to other companies in the Gold industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for EQX, comparing it with other companies in the Gold industry. Currently, EQX has a P/E ratio of 11.5. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for EQX compared to other companies in the Gold industry. EQX currently has a PEG ratio of 0.0. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for EQX relative to other companies in the Gold industry. Currently, EQX has a P/S ratio of 3.1. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for EQX in comparison with other companies in the Gold industry. Currently, EQX has a P/B value of 1.4. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
Portfolio Analyzer

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