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Equinox Gold Corp
AMEX:EQX

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Equinox Gold Corp
AMEX:EQX
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Price: 18.4 USD 1.6%
Market Cap: $14.4B

Gross Margin

54.1%
Current
Improving
by 19.4%
vs 3-y average of 34.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
54.1%
=
Gross Profit
$982.6m
/
Revenue
$1.8B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
54.1%
=
Gross Profit
$982.6m
/
Revenue
$1.8B

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Equinox Gold Corp
TSX:EQX
11.5B CAD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
797.4B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
211.2B ZAR
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CN
Zijin Mining Group Co Ltd
SSE:601899
1.1T CNY
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US
Newmont Corporation
NYSE:NEM
139B USD
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AU
Greatland Gold PLC
ASX:GGP
184.2B AUD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
168.2B CAD
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CA
Barrick Gold Corp
TSX:ABX
118.9B CAD
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CA
Barrick Mining Corp
F:ABR0
72.9B EUR
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HK
Zijin Gold International Co Ltd
HKEX:2259
611.4B HKD
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Market Distribution

Higher than 74% of companies in Canada
Percentile
74rd
Based on 4 108 companies
74rd percentile
54.1%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Equinox Gold Corp
Glance View

Equinox Gold Corp., founded in 2007 with its head office in Vancouver, Canada, carved a dynamic foothold in the competitive gold mining industry. With the keen ambition of emerging as a leading mid-tier gold producer, the company set its sights on strategic acquisitions and organic growth. Unlike many newcomers, Equinox gained rapid traction by acquiring established mines and untapped projects across the American continent, notably in Brazil, the United States, and Mexico. Central to its operations are large-scale, open-pit gold mining projects, including the Aurizona mine in Brazil and the Los Filos mine in Mexico, which have become pivotal revenue generators. The company’s business model is straightforward but demands adroit execution: extract gold at low costs and sell it at market prices. With an emphasis on operational efficiency, Equinox Gold works tirelessly to optimize its mining and processing activities to ensure a steady cash flow. Its approach to sustainability and community engagement reflects an understanding that long-term success lies in fostering trusting relationships with stakeholders. By continuously expanding and optimizing its mines, Equinox capitalizes on rising gold prices, while strategically managing operational risks through skilled workforce deployment and robust market analyses. As a result, Equinox Gold is not just in the business of mining gold, but in the perpetual balancing act of resource management, investor confidence, and market dynamics.

EQX Intrinsic Value
36.79 USD
Undervaluation 50%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
54.1%
=
Gross Profit
$982.6m
/
Revenue
$1.8B
What is Equinox Gold Corp's current Gross Margin?

The current Gross Margin for Equinox Gold Corp is 54.1%, which is above its 3-year median of 34.6%.

How has Gross Margin changed over time?

Over the last 3 years, Equinox Gold Corp’s Gross Margin has increased from 28.6% to 54.1%. During this period, it reached a low of 27.3% on Mar 31, 2023 and a high of 54.1% on Jan 1, 2026.

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