Nama Insights

Equinox Gold (EQX)

Basic Materials · Gold · AMEX

Equinox Gold (EQX) is a Basic Materials company in the Gold industry. It has a market capitalization of $13.45B, a trailing price-to-earnings ratio of 12.7 and a free-cash-flow yield of 1.7%. Over the most recent reported fiscal year, revenue grew 99.1%. Nama's AI scorecard rates it Hold, 5.6 out of 10. On 12-month momentum it ranks in the lagging band of its market.
AI scorecard
Hold · 5.6/10
The sections balance. As of Nov 7, 2026.
Momentum
Lagging · -4.0% over 12 months ex. last
Second-worst fifth of its market on the past year's move.
Shariah screen
Shariah Compliant
Passes our debt, cash and income screen; not a scholar's ruling.
Off its high
-39.2%
How far the last close sits under the highest price of the past five years.
Market cap$13.45B
Trailing P/E12.7
Price / book1.4
Price / sales4.7
FCF yield1.7%
Dividend yield0.4%
Gross margin46.7%
Operating margin38.1%
Net margin32.0%
Revenue growth (YoY)+99.1%
Revenue growth (3-yr annual)+24.0%
EPS growth (YoY)+166.7%
FCF/share growth (YoY)—
Beta2.5
ExchangeAMEX
SectorBasic Materials
IndustryGold

EQX earnings

Next report: Nov 9, 2026 (Q3 2026, EPS estimate $0.18). Beat the EPS estimate in 2 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q2 2026 Aug 5, 2026 $0.15 $0.16 -6.2% $769.80M
Q1 2026 May 7, 2026 $0.23 $0.29 -20.7% $861.59M
Q4 2025 Feb 17, 2026 $0.34 $0.22 +54.5% $95.82M
Q3 2025 Nov 6, 2025 $0.19 $0.12 +58.3% $819.01M

EQX analyst price target

Median target $15.84 from 2 analysts, ranging $14.00 – $17.67.

Gold peers

TickerCompanyMarket capP/E
NEM Newmont $125.65B 12.4
AEM Agnico Eagle Mines $96.85B 16.3
B Barrick Mining $66.76B 11.9
WPM Wheaton Precious Metals $61.91B 29.7
FNV Franco-Nevada $49.17B 40.3
AU AngloGold Ashanti $47.03B 11.7
GFI Gold Fields $34.90B 70.0
KGC Kinross Gold $26.20B 8.6
Explore live EQX data on Nama Insights →

EQX FAQ

Is EQX a buy?
Nama's AI scorecard currently rates Equinox Gold Hold (5.6 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is EQX's P/E ratio?
Equinox Gold trades at a trailing price-to-earnings ratio of 12.7.
When does EQX report earnings?
Equinox Gold's next scheduled report is on Nov 9, 2026. Analysts expect EPS of $0.18.
What is the EQX price target?
The median analyst price target from 2 analysts is $15.84, with a range of $14.00 – $17.67.
Is EQX Shariah compliant?
Nama's AAOIFI-style screen reads Equinox Gold as Shariah Compliant. Passes our debt, cash and income screen; not a scholar's ruling.
Does EQX pay a dividend?
Yes — Equinox Gold's dividend yield is 0.4%.