Where Equinox Gold stands after its latest Filing
Revenue for the twelve months was $1.82bn, up 99.1% on a year earlier, against a decline of 16.1% a quarter earlier. That growth ranks 3 of 24 among the gold companies we cover. Free-cash-flow margin rose to 6.9% from -2.2% a year earlier. Operating margin widened to 23.8% from 13.5%. The diluted share count is up 33.1% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 4 of our 5 financial-health checks. Our valuation models combined value is $11.95 a share, against a share price of $9.70.