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EQX
Price
$5.72
Change
+$0.24 (+4.38%)
Updated
Nov 21 closing price
89 days until earnings call
MAG
Price
$15.62
Change
-$0.06 (-0.38%)
Updated
Nov 21 closing price
124 days until earnings call
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EQX vs MAG

Header iconEQX vs MAG Comparison
Open Charts EQX vs MAGBanner chart's image
Equinox Gold
Price$5.72
Change+$0.24 (+4.38%)
Volume$4.25M
CapitalizationN/A
MAG Silver
Price$15.62
Change-$0.06 (-0.38%)
Volume$599.88K
CapitalizationN/A
EQX vs MAG Comparison Chart
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EQX
Daily Signalchanged days ago
Gain/Loss if shorted
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MAG
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
EQX vs. MAG commentary
Nov 22, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is EQX is a Buy and MAG is a Sell.

COMPARISON
Comparison
Nov 22, 2024
Stock price -- (EQX: $5.72 vs. MAG: $15.62)
Brand notoriety: EQX and MAG are both not notable
Both companies represent the Precious Metals industry
Current volume relative to the 65-day Moving Average: EQX: 100% vs. MAG: 79%
Market capitalization -- EQX: $1.95B vs. MAG: $1.12B
EQX [@Precious Metals] is valued at $1.95B. MAG’s [@Precious Metals] market capitalization is $1.12B. The market cap for tickers in the [@Precious Metals] industry ranges from $47.49B to $0. The average market capitalization across the [@Precious Metals] industry is $1.04B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

EQX’s FA Score shows that 0 FA rating(s) are green whileMAG’s FA Score has 0 green FA rating(s).

  • EQX’s FA Score: 0 green, 5 red.
  • MAG’s FA Score: 0 green, 5 red.
According to our system of comparison, MAG is a better buy in the long-term than EQX.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

EQX’s TA Score shows that 4 TA indicator(s) are bullish while MAG’s TA Score has 5 bullish TA indicator(s).

  • EQX’s TA Score: 4 bullish, 5 bearish.
  • MAG’s TA Score: 5 bullish, 5 bearish.
According to our system of comparison, MAG is a better buy in the short-term than EQX.

Price Growth

EQX (@Precious Metals) experienced а +10.21% price change this week, while MAG (@Precious Metals) price change was +2.76% for the same time period.

The average weekly price growth across all stocks in the @Precious Metals industry was +1.63%. For the same industry, the average monthly price growth was -9.16%, and the average quarterly price growth was +0.28%.

Reported Earning Dates

EQX is expected to report earnings on Feb 19, 2025.

MAG is expected to report earnings on Mar 26, 2025.

Industries' Descriptions

@Precious Metals (+1.63% weekly)

The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.

SUMMARIES
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FUNDAMENTALS
Fundamentals
EQX($1.95B) has a higher market cap than MAG($1.12B). EQX has higher P/E ratio than MAG: EQX (68.11) vs MAG (22.98). MAG YTD gains are higher at: 50.048 vs. EQX (16.973). EQX has higher annual earnings (EBITDA): 291M vs. MAG (-13.89M). EQX has more cash in the bank: 285M vs. MAG (68.7M). MAG has less debt than EQX: MAG (154K) vs EQX (945M). EQX has higher revenues than MAG: EQX (1.09B) vs MAG (0).
EQXMAGEQX / MAG
Capitalization1.95B1.12B175%
EBITDA291M-13.89M-2,094%
Gain YTD16.97350.04834%
P/E Ratio68.1122.98296%
Revenue1.09B0-
Total Cash285M68.7M415%
Total Debt945M154K613,636%
FUNDAMENTALS RATINGS
EQX vs MAG: Fundamental Ratings
EQX
MAG
OUTLOOK RATING
1..100
6356
VALUATION
overvalued / fair valued / undervalued
1..100
60
Fair valued
94
Overvalued
PROFIT vs RISK RATING
1..100
10062
SMR RATING
1..100
7457
PRICE GROWTH RATING
1..100
5846
P/E GROWTH RATING
1..100
9991
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

EQX's Valuation (60) in the null industry is somewhat better than the same rating for MAG (94) in the Precious Metals industry. This means that EQX’s stock grew somewhat faster than MAG’s over the last 12 months.

MAG's Profit vs Risk Rating (62) in the Precious Metals industry is somewhat better than the same rating for EQX (100) in the null industry. This means that MAG’s stock grew somewhat faster than EQX’s over the last 12 months.

MAG's SMR Rating (57) in the Precious Metals industry is in the same range as EQX (74) in the null industry. This means that MAG’s stock grew similarly to EQX’s over the last 12 months.

MAG's Price Growth Rating (46) in the Precious Metals industry is in the same range as EQX (58) in the null industry. This means that MAG’s stock grew similarly to EQX’s over the last 12 months.

MAG's P/E Growth Rating (91) in the Precious Metals industry is in the same range as EQX (99) in the null industry. This means that MAG’s stock grew similarly to EQX’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
EQXMAG
RSI
ODDS (%)
N/A
Bullish Trend 1 day ago
88%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
83%
Bullish Trend 1 day ago
81%
Momentum
ODDS (%)
Bearish Trend 1 day ago
70%
Bearish Trend 1 day ago
80%
MACD
ODDS (%)
Bullish Trend 1 day ago
76%
Bearish Trend 1 day ago
76%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
78%
Bullish Trend 1 day ago
80%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
76%
Bearish Trend 1 day ago
79%
Advances
ODDS (%)
Bullish Trend 4 days ago
78%
Bullish Trend 4 days ago
79%
Declines
ODDS (%)
Bearish Trend 10 days ago
80%
Bearish Trend 1 day ago
80%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
84%
Bullish Trend 1 day ago
84%
Aroon
ODDS (%)
Bearish Trend 1 day ago
79%
Bullish Trend 1 day ago
78%
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EQX
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
MAG
Daily Signalchanged days ago
Gain/Loss if shorted
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EQX and

Correlation & Price change

A.I.dvisor indicates that over the last year, EQX has been closely correlated with AEM. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if EQX jumps, then AEM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EQX
1D Price
Change %
EQX100%
+4.38%
AEM - EQX
72%
Closely correlated
+0.93%
AGI - EQX
70%
Closely correlated
+0.80%
RGLD - EQX
70%
Closely correlated
-0.28%
MAG - EQX
70%
Closely correlated
-0.38%
KGC - EQX
69%
Closely correlated
+1.10%
More

MAG and

Correlation & Price change

A.I.dvisor indicates that over the last year, MAG has been closely correlated with PAAS. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if MAG jumps, then PAAS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MAG
1D Price
Change %
MAG100%
-0.38%
PAAS - MAG
86%
Closely correlated
+2.19%
AG - MAG
82%
Closely correlated
-1.53%
HL - MAG
82%
Closely correlated
+1.31%
AEM - MAG
79%
Closely correlated
+0.93%
SILV - MAG
78%
Closely correlated
+2.46%
More