Equinox Gold (TSE:EQX) Trading 5.8% Higher – Here’s Why

Equinox Gold Corp. (TSE:EQXGet Free Report) was up 5.8% during mid-day trading on Thursday . The stock traded as high as C$7.71 and last traded at C$7.66. Approximately 495,564 shares traded hands during trading, a decline of 28% from the average daily volume of 690,494 shares. The stock had previously closed at C$7.24.

Equinox Gold Trading Up 5.8 %

The company has a debt-to-equity ratio of 51.77, a quick ratio of 1.31 and a current ratio of 1.10. The firm has a market capitalization of C$3.47 billion, a price-to-earnings ratio of 9.46 and a beta of 1.16. The business has a fifty day moving average price of C$7.74 and a 200 day moving average price of C$7.70.

Equinox Gold Company Profile

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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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