Equinox Gold (TSE:EQX) Hits New 12-Month High – Time to Buy?

Equinox Gold Corp. (TSE:EQXGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$8.79 and last traded at C$8.79, with a volume of 626634 shares changing hands. The stock had previously closed at C$8.47.

Equinox Gold Stock Performance

The stock has a 50-day simple moving average of C$7.88 and a 200-day simple moving average of C$7.70. The company has a market capitalization of C$3.57 billion, a price-to-earnings ratio of 10.16 and a beta of 1.16. The company has a current ratio of 1.10, a quick ratio of 1.31 and a debt-to-equity ratio of 51.77.

Equinox Gold Company Profile

(Get Free Report)

Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada.

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