Equinox Gold Corp. logo

Equinox Gold Corp. (EQX)

Common Stock · Currency in USD · XASE

Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration, and development of mineral properties, with a focus on gold. The company operates gold mines and a clear plan to increase production by advancing the pipeline of growth projects. Geographically, the company operates in the Canada, United States, Mexico, and others. The majority of its revenue is generated from Canada.

Company Info

SIC
Composite FIGIBBG004XB7MN9
CIK0001756607
IPOSep 19, 2013
Sector

Highlights

Market Cap$11.51B
EPS
P/E Ratio
Revenue
Gross Profit
Net Income
Employees3,317
WSO789,141,211
Phone

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Equinox Gold Corp., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Equinox Gold Corp. (EQX) has returned 1.39% so far this year and 152.42% over the past 12 months. Looking at the last ten years, EQX has achieved an annualized return of 8.93%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

EQX

1M-13.36%
6M31.68%
YTD1.39%
1Y152.42%
5Y9.40%
10Y8.93%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Equinox Gold Corp. (EQX) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
2026-0.63%33.05%-23.47%-1.29%
202518.32%5.07%4.56%-2.33%2.00%-15.57%3.92%40.16%25.22%-3.43%26.64%-0.71%
2024-10.75%-9.40%46.83%-12.60%-0.18%-3.51%6.64%1.25%8.75%-9.33%0.89%-10.36%
202335.82%-20.52%39.57%-4.05%-6.75%-3.58%14.57%-1.17%-17.38%5.77%23.15%-10.77%
2022-14.05%21.03%15.99%-13.37%-16.69%-24.36%3.24%-22.79%5.80%-10.99%4.15%-9.39%
2021-11.39%-16.19%-3.97%-0.98%14.23%-26.69%-0.71%3.45%-9.34%12.24%-4.45%-5.19%
20206.46%-14.52%-13.90%23.27%12.44%20.52%6.68%9.05%-12.55%-10.20%-7.89%1.37%
2019-14.68%23.81%-10.00%30.51%

Performance Indicators

The charts below present risk-adjusted performance metrics for Equinox Gold Corp. (EQX) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00SPY: 0.92EQX: 1.60

Sortino ratio

-6.00-4.00-2.000.002.004.00SPY: 1.40EQX: 2.43

Omega ratio

0.501.001.502.00SPY: 1.22EQX: 1.31

Calmar ratio

0.002.004.006.00SPY: 1.20EQX: 3.07

Martin ratio

0.001.003.00SPY: 0.42EQX: 0.52

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of EQX compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Equinox Gold Corp. volatility is 4.90%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

News and Insights

Eldorado Gold Announces Leadership Updates – Strengthening Operational Execution and Project Development

Eldorado Gold Corporation announced key leadership appointments to strengthen operations and project execution. Simon Hille was promoted to Executive Vice President and Chief Operating Officer, overseeing global operations, projects, and exploration. Gordana Vicentijevic was appointed Senior Vice President of Projects, effective May 4, 2026, bringing extensive experience in large-scale project delivery from her previous role at Equinox Gold.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
High-Margin Mining: How the Smart Money Is Navigating the New Gold Supercycle

Gold is experiencing a structural shift in global demand with record ETF inflows and major banks raising price targets to $6,300/oz. High-margin gold producers are positioned to generate unprecedented free cash flow as industry costs remain flat while prices consolidate at record levels. Key players including Lake Victoria Gold, Equinox Gold, Coeur Mining, New Gold, and Aris Mining are capitalizing on this supercycle with strong production results and cash generation.

Benzinga faviconBenzingaUsa News Group
Centene, Paramount Skydance, And Ulta Beauty Are Among Top 10 Large Cap Losers Last Week (March 9-March 13): Are the Others in Your Portfolio?

Ten large-cap stocks experienced significant declines during the week of March 9-13, 2026. Fair Isaac Corporation led losses with a 21.59% drop following a $1 billion senior notes offering announcement. Other major decliners included Centene (20.85%), Ulta Beauty (16.04%), Paramount Skydance (15.4%), and Thomson Reuters (13.97%). Declines were attributed to factors including disappointing earnings guidance, analyst downgrades, and broader market pressures across healthcare, beauty, media, and aviation sectors.

Benzinga faviconBenzingaNabaparna Bhattacharya
Highlander Silver and Bear Creek Mining Complete Business Combination

Highlander Silver Corp. has successfully completed its acquisition of Bear Creek Mining Corporation through a plan of arrangement, with Bear Creek becoming a wholly-owned subsidiary. Highlander paid US$6.2 million to Royal Gold and US$1.6 million to Equinox to settle debts, and repaid Wheaton Precious Metals. Bear Creek shares will be delisted from TSX Venture Exchange on or about March 2, 2026. The combined entity will focus on advancing the San Luis gold-silver project in Peru.

Benzinga faviconBenzingaGlobe Newswire
Equinox Gold Announces Inaugural Quarterly Cash Dividend of US$0.015 per Common Share and Application for Normal Course Issuer Bid

Equinox Gold announced its inaugural quarterly cash dividend of US$0.015 per share (US$0.06 annually) payable March 26, 2026, reflecting confidence in its strengthened balance sheet and financial position. The company also applied for a normal course issuer bid to repurchase up to 5% of outstanding shares. These capital return initiatives underscore the company's financial strength and commitment to shareholder value while advancing organic growth projects over the next five years.

Benzinga faviconBenzingaGlobe Newswire
Equinox Gold Completes Sale of Brazil Operations for Total Cash Consideration of US$1.015 Billion; Pays Down More than US$800 Million of Debt With Net Debt Reduced to US$150 Million

Equinox Gold completed the sale of its Brazil operations (Aurizona Mine, RDM Mine, and Bahia Complex) to CMOC Group for $1.015 billion in total consideration. The company received $900 million in cash upfront and will receive up to $115 million in contingent payments. Equinox Gold used proceeds to pay down over $800 million in debt, reducing net debt to approximately $150 million. The company is now focused on North America operations with 2026 production guidance of 700,000-800,000 ounces of gold.

Benzinga faviconBenzingaGlobe Newswire
Canterra Minerals Closes $5.7M Flow-Through Private Placement to Fund Exploration in Newfoundland

Canterra Minerals Corporation successfully closed a private placement raising $5.7 million CAD through the issuance of Critical Minerals flow-through shares and National flow-through shares. The proceeds will fund exploration activities on the company's Wilding Gold and Buchans Projects in central Newfoundland, with qualifying expenditures to be completed by December 31, 2026.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Canterra Minerals Corporation
Equinox Gold Sells Brazil Mines For $1 Billion, Stock Soars

Equinox Gold sold its Brazilian mining operations to CMOC Group for $1.015 billion, receiving $900 million upfront and potentially up to $115 million in contingent payments. The sale will help the company focus on North American assets and improve its financial position.

Benzinga faviconBenzingaLekha Gupta
FALCON GOLD ESTABLISHES NEW GOLD CAMP IN CENTRAL NEWFOUNDLAND AND ENGAGES GEOXPLORE SURVEYS INC - FOR AGGRESSIVE PHASE 1 EXPLORATION

Falcon Gold Corp has acquired a 17,225-hectare land package in central Newfoundland along the Valentine Lake Fault System and engaged GeoXplore Surveys Inc. to conduct an aggressive Phase 1 exploration program targeting gold discovery potential.

Benzinga faviconBenzingaPrnewswire