Equinox Gold (TSE:EQX) Shares Down 2.9% – What’s Next?

Shares of Equinox Gold Corp. (TSE:EQX) were down 2.9% during trading on Friday . The stock traded as low as C$7.97 and last traded at C$8.01. Approximately 569,170 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 683,724 shares. The stock had previously closed at C$8.25.

Equinox Gold Stock Down 2.9 %

The firm’s 50 day simple moving average is C$7.87 and its two-hundred day simple moving average is C$7.68. The firm has a market cap of C$3.63 billion, a price-to-earnings ratio of 9.89 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.

About Equinox Gold

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.