Equinox Gold (EQX)
(Delayed Data from AMEX)
$5.93 USD
+0.13 (2.24%)
Updated Aug 23, 2024 03:59 PM ET
After-Market: $5.94 +0.01 (0.17%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth C Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
EQX 5.93 +0.13(2.24%)
Will EQX be a Portfolio Killer in August?
Zacks Investment Research is releasing its prediction for EQX based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for EQX
Equinox Gold (EQX) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
Is Equinox Gold (EQX) Stock Undervalued Right Now?
EQX: What are Zacks experts saying now?
Zacks Private Portfolio Services
Is New Gold (NGD) Outperforming Other Basic Materials Stocks This Year?
Does Equinox Gold (EQX) Have the Potential to Rally 30.05% as Wall Street Analysts Expect?
5 Yellow Metal Stocks to Buy for a Stable Portfolio in 2H 2024
Other News for EQX
Equinox Gold price target raised by C$0.75 at Scotiabank, here's why
Gold Prices Hit All-Time Highs Of $2,500 As Traders Jump On Rate-Cut Train: Mining Stocks On The Move Friday
3 Cheap Stocks That Are Looking Extra Spicy
Equinox Gold: Higher Margins And Cheaper Share Prices Possible (Rating Downgrade)
Invesco Gold And Special Minerals Fund Q2 2024 Review