How to Buy Equinox Gold Stock
Equinox Gold Corp
Equinox Gold Corp. engages in the exploration of gold mining properties. The company is headquartered in Vancouver, British Columbia.
Equinox Gold stock last closed at $10.56, down 2.67% from the previous day, and has increased 67.35% in one year. It has overperformed other stocks in the Gold industry by 0.04 percentage points. Equinox Gold stock is currently +113.33% from its 52-week low of $4.95, and -4.91% from its 52-week high of $11.11.
There are currently 499.44M shares of EQX outstanding. The market value of EQX is $5.27B. In the last 24 hours, 19.54M EQX shares were traded.
How to Buy Equinox Gold Stock
Not sure how to invest in Equinox Gold stock? Here's how.
- Choose where to buy Equinox Gold stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Equinox Gold stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your info.
- Analyze Equinox Gold stock: The Equinox Gold ticker symbol is EQX. Is Equinox Gold stock a good investment? Should you buy shares of EQX? How do EQX's underlying business fundamentals look? Do top analysts think Equinox Gold is a good buy? Why has EQX's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if EQX is a good stock to buy).
- Make your EQX purchase: Decide if you will purchase EQX shares at the current market price or use a limit order to purchase EQX shares at a given price.
- Get the latest scoop on your EQX position: Create a watchlist to get live updates on your position in Equinox Gold stock.
Step 1: Choose where to buy Equinox Gold stock
You need an online brokerage account to access the NYSEMKT market and buy EQX stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you can buy EQX stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've filled out your info on app for stock market, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of depositing funds into your new brokerage account.
Step 4: Analyze Equinox Gold stock
Once you have selected the best place to buy Equinox Gold stock, it's absolutely critical to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Equinox Gold Numbers
Equinox Gold Fundamentals
WallStreetZen was created to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on EQX's stock page.
Is EQX stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge EQX's intrinsic value.
Using relative valuations metrics:
- EQX may be overvalued based on its P/E ratio of 105.6x, relative to Gold industry P/E ratio of 32.92x
- EQX could be undervalued based on its P/B ratio of 1x, relative to Gold industry P/B ratio of 3.12x
You can do more valuation research on EQX's stock here.
EQX Financial Health Summary
Positive Financial Indicators:
- Total EQX debt is lower than 5 years ago, relative to shareholder equity.
- EQX's operating cash flow of $574.69M allows it to safely service it's debt of $1.78B.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the EQX balance sheet.
- EQX has a relatively high debt to equity ratio of 0.89.
- EQX profit margin has gone down from 29% to 2.4% in the past year.
- There are more short-term liabilities than short-term assets on the EQX balance sheet.
- EQX earnings of $352.39M is not enough to cover its interest payments.
Is Equinox Gold stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Equities analysts who monitor EQX, the consensus analyst rating on EQX is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Equinox Gold stock forecast page.
EQX Momentum
Is EQX Growing Revenue?
Last year, EQX earnings were $46.63M. Over the last 4 year, EQX's earnings have increased by -52.89% per year. This was slower than the Gold industry average of 19.31%.
Last year, EQX revenue was $1.91B. During the past five year, EQX's revenue has gone up by 27.92% per year. This was faster than the Gold industry average of 15.62%.
Learn more about EQX's earnings and revenue performance here.
What are EQX insiders up to?
Over the last 12 months, executives and large shareholders at EQX have not bought or sold any shares.
Learn more about who owns EQX stock here.
Can I rely on EQX as an income stream?
No, Equinox Gold doesn't provide an income stream by paying out dividends.
EQX Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your EQX purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, place a limit order.
Hit the Open button and your broker will place the order.
If you want additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your EQX position
Now that you own some EQX shares, you'll want to keep up with your investment.
Put EQX on a watchlist to see the latest developments about your EQX stock.
EQX Feed
How to Buy Stock in Equinox Gold
To summarize, here are the 6 steps you need to take to buy Equinox Gold stock right now:
- Choose where to buy Equinox Gold stock
- Create your brokerage account
- Put funds into your brokerage account
- Analyze Equinox Gold stock
- Make your EQX purchase
- Get the latest scoop on your EQX position
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Equinox Gold, create your watchlist below.
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