Equinox Gold Corp
Research Equinox Gold Corp (EQX) on Bullrun: valuation model: 20.9% undervalued, market cap USD 9.01B, P/E 13.1, dividend yield 0.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerEQX
- ExchangeNYSE MKT
- CountryCanada
- SectorBasic Materials
- IndustryGold
- CurrencyUSD
- Valuation signal20.9% undervalued
- Market capUSD 9.01B
- P/E13.1
- Dividend yield0.5%
- Financial periodQ2 2026
- RevenueUSD 769.80M
- Net incomeUSD 230.62M
- Free cash flow-USD 1.34M
- Gross margin39.2%
Valuation Snapshot
Bullrun's latest valuation model marks Equinox Gold Corp as 20.9% undervalued; latest market cap is USD 9.01B; P/E is 13.1; dividend yield is 0.5%.
Peer valuation comparison
Latest P/E is 13.1x versus a Basic Materials sector median of 16.7x (21.6% below).
Latest dividend yield is 0.47% versus a Basic Materials sector median of 2.3% (79.6% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.82B | USD 221.47M | USD 126.00M | 35.3% | 0.35 | USD 407.36M | USD 1.63B | USD 5.80B |
| FY2024 | USD 912.84M | USD 339.29M | -USD 39.89M | 22.4% | 0.75 | USD 239.33M | USD 1.41B | USD 3.40B |
| FY2023 | USD 1.09B | USD 28.88M | -USD 164.84M | 10.0% | 0.09 | USD 192.00M | USD 945.37M | USD 2.44B |
| FY2022 | USD 952.20M | -USD 106.03M | -USD 500.60M | 8.8% | -0.35 | USD 200.77M | USD 842.10M | USD 2.35B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 9.01B | 13.1 | 0.5% | 0.05 |
| 2025 | 2025-12-31 | USD 11.03B | 58.5 | n/a | n/a |
| 2024 | 2024-12-31 | USD 2.29B | 7.4 | n/a | n/a |
| 2023 | 2023-12-29 | USD 1.53B | 34.9 | n/a | n/a |
| 2022 | 2022-12-30 | USD 1.00B | n/a | n/a | n/a |
| 2021 | 2021-12-31 | USD 2.04B | 4.2 | n/a | n/a |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.05 USD, yield 0.5%.
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.
ETFs that hold Equinox Gold Corp
Equinox Gold Corp is one of the ten largest holdings of 3 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| VanEck Junior Gold Miners UCITS ETF | 6.64% | 0.55% |
| UBS Solactive Global Pure Gold Miners UCITS ETF USD dis | 6.25% | 0.43% |
| UBS Solactive US Listed Gold & Silver Miners UCITS ETF USD acc | 3.93% | 0.36% |
Related stock research
Other Basic Materials stocks
Frequently asked questions
Is Equinox Gold Corp overvalued or undervalued?
Bullrun's valuation model currently marks Equinox Gold Corp as 20.9% undervalued.
What is Equinox Gold Corp's market cap?
Equinox Gold Corp's market capitalization is USD 9.01B.
What is Equinox Gold Corp's P/E ratio?
Equinox Gold Corp's price-to-earnings (P/E) ratio is 13.1.
Does Equinox Gold Corp pay a dividend?
Equinox Gold Corp has a dividend yield of 0.5%.
What does Equinox Gold Corp do?
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.