Revenues Working Against Equinox Gold Corp.’s (TSE:EQX) Share Price
Equinox Gold Corp.’s (TSE:EQX) price-to-sales (or “P/S”) ratio of 1.7x might make it look like a buy right now compared to the Metals and Mining industry in Canada, where around half of the companies have P/S ratios above 3.5x and even P/S above 25x are quite common. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s limited.
View our latest analysis for Equinox Gold
How Equinox Gold Has Been Performing
Recent times have been advantageous for Equinox Gold as its revenues have been rising faster than most…
