Equinox Gold Corp. (EQX)
Materials · ASE
Price as at 30 Sept 2026, 17:50 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Equinox Gold Corp. trades at $11.12, which is 25% below the $13.86 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 68 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 26.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
EQX dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.053 | 3 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
EQX earnings and analyst estimates
Recommendation mix, 9 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Equinox Gold Corp.
Equinox Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in the Americas. It primarily explores gold and silver deposits. The company was formerly known as Trek Mining Inc. and changed its name to Equinox Gold Corp. in December 2017. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
EQX passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
12 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Two Sigma, TWO SIGMA INVESTMENTS, LP$60.04M · 0.0% of book
- Ruffer LLP, Ruffer LLP$46.05M · 1.6% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$42.71M · 0.1% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$23.70M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$15.51M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
EQX peers
The largest companies in the same industry (Gold), then in the same sector.
- AU AngloGold Ashanti plc
- FNV Franco-Nevada Corporation
- GFI.JO Gold Fields Limited
- PAAS.TO Pan American Silver Corp.
- RGLD Royal Gold, Inc.
- AGI.TO Alamos Gold Inc.
- HMY Harmony Gold Mining Company Limited
- EGO Eldorado Gold Corporation
Every materials company we cover is on the Materials hub.
Common questions
Is Equinox Gold Corp. (EQX) undervalued?
Against our fair value estimate of $13.86, EQX at $11.12 is 25% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own EQX?
12 of the institutions we track reported a position in EQX in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is EQX's P/E ratio?
EQX trades at 26.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Equinox Gold Corp. (EQX) pay a dividend?
Yes. Equinox Gold Corp. yields 0.31% at the current share price. It has paid $0.053 per share over the trailing twelve months. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its EQX data?
Fundamentals for EQX come from company filings and exchange data, as listed on ASE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 17:50 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for EQX, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.