EQX · AMEX · STOCK
Equinox Gold Corp.
$11.65
52W $6.54 – $18.96
62/100
$9.20B
11.1
2.40
Is EQX Bullish or Bearish?
Bullish.
Innellis AI committee rates Equinox Gold Corp. (EQX) Buy with a composite score of 62/100
, based on 6 analysts with 67% agreement.
Last updated August 11, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +13.08 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -6.92 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Growth Analyst sees a compelling case — revenue growing 32.9% yoy -- genuine top-line momentum. Risk Analyst remains cautious — bollinger bandwidth of 40.8% signals elevated volatility. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Revenue growing 32.9% YoY -- genuine top-line momentum — Growth
- MACD histogram positive -- bullish momentum — Technical
- VIX regime is low -- calm backdrop supports risk-taking — Macro
- Market regime is bullish (Bull market -- normal position sizing) — Macro
- Beta of 1.31 means this name should amplify a favorable market regime — Macro
- News sentiment is positive (+0.20 across 19 articles, 14d) — News
Bear Case
- RSI at 81 is in overbought territory — Technical
- Price trading above the upper Bollinger Band -- stretched — Technical
- Bollinger bandwidth of 40.8% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of August 11, 2026
Overall Committee Score
62/100
Agreement
67%
Analysts
6
Conviction
Contested
Sector Rank
Top 45%
of 95 Basic Materials peers
Value Analyst
bullish
62
/ 100 · Moderate confidence
Classic value case: cheap on multiples with earnings power to back it up
Growth Analyst
bullish
85
/ 100 · Low confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 32.9% YoY -- genuine top-line momentum
Technical Analyst
neutral
48
/ 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
− RSI at 81 is in overbought territory
Risk Analyst
bearish
35
/ 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 40.8% signals elevated volatility
Macro Analyst
bullish
78
/ 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst
bullish
64
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.20 across 19 articles, 14d)
Portfolio Manager
neutral
55
/ 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
Technical Analysis
RSI (14)
81.3
Overbought
MACD Histogram
0.359
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Lh Ll
Support
$10.24
Resistance
$15.06
Bollinger %B
1.01
Above Upper Band
Price vs Moving Averages
EMA 9
$10.65
Above
EMA 21
$10.11
Above
EMA 50
$10.48
Above
EMA 200
$11.77
Below
Fundamental Analysis
Valuation
100
Profitability
47
Financial Health
72
Cash Flow
70
Valuation
P/E Ratio
11.1×
P/B Ratio
1.45×
PEG Ratio
0.00
Dividend Yield
0.26%
52W High
$18.96
52W Low
$6.54
Quality & Growth
ROE
389.6%
ROA
214.3%
Gross Margin
3912.9%
Operating Margin
3794.2%
Revenue Growth YoY
—
Debt / Equity
0.09
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 11.1 (inexpensive relative to a 15-40x range); Price-to-book of 1.4x; PEG ratio of 0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 3.9%; Return on assets of 2.1%; Net margin of 31.7%; Gross margin of 39.1%; Current ratio of 1.33 (tight short-term liquidity); Debt-to-equity of 0.09; Free cash flow per share is positive (0.08); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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