EQX vs KGC vs B Stock Comparison

Equinox Gold, Kinross Gold and Barrick Mining Prices as of Oct 27, 2026 Peers: Industry group
EQX Equinox Gold Corp.
$10.43 -12.4% 1M -1.4% 1Y
Market cap
$6.56B
P/E
13.3x
Revenue (TTM)
$2.41B
Div. yield
–
Gold Basic Materials
1 win
KGC Kinross Gold Corp
$23.01 -8.2% 1M +1.0% 1Y
Market cap
$27.82B
P/E
8.9x
Revenue (TTM)
$8.47B
Div. yield
0.00%
Gold Basic Materials
7 wins
B Barrick Mining Corp
$39.25 -8.5% 1M +23.3% 1Y
Market cap
$67.47B
P/E
10.3x
Revenue (TTM)
$20.66B
Div. yield
0.01%
Gold Basic Materials
4 wins

Head to Head

12 decided of 12

Kinross Gold leads on 7 of the 12 questions below (Kinross Gold 7, Barrick Mining 4, Equinox Gold 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEQXKGCBLeader
Larger companyMarket capitalisation $6.56B $27.82B $67.47B B
Cheaper on earningsLower P/E, profitable companies only 13.3x 8.9x 10.3x KGC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.4x 9.8x 10.5x KGC
Faster revenue growthRevenue growth, trailing twelve months +98.8% +39.5% +49.4% EQX
More profitableNet margin, trailing twelve months 20.5% 36.9% 31.6% KGC
Better return on capitalReturn on invested capital 9.9% 40.9% 24.8% KGC
Less leveragedLower net debt / EBITDA 0.1x -0.3x -0.1x KGC
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% B
Better 1-year returnPrice return, last 12 months -1.4% +1.0% +23.3% B
Better 5-year returnAnnualised price return, 5 years +6.1%/yr +29.8%/yr +15.7%/yr KGC
Less volatileAnnualised volatility, 1 year 62.5% 54.4% 46.8% B
Higher overall scoreMean of the five percentile scores vs peers 71/100 81/100 78/100 KGC

Percentile Scorecard

EQXKGCB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEQXKGCB
Valuation 81 #31 of 162 86 #23 of 162 87 #22 of 162
Growth 100 #1 of 147 84 #25 of 147 90 #15 of 147
Profitability 69 #39 of 122 99 #2 of 122 93 #9 of 122
Financial Health 62 #63 of 164 72 #46 of 164 52 #79 of 164
Shareholder Returns 41 #64 of 107 63 #40 of 107 68 #35 of 107
Overall 71 81 78
  • EQX ranked among 176 companies in Metals and Mining
  • KGC ranked among 176 companies in Metals and Mining
  • B ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEQXKGCBSPY
1 month -12.4%-8.2%-8.5% -0.2%
3 months +14.1%-2.1%+7.0% +3.9%
6 months -24.6%-24.6%+0.2% +8.2%
Year to date -25.7%-18.3%-9.9% +12.9%
1 year -1.4%+1.0%+23.3% +12.3%
3 years +126.2%+333.3%+140.4% +87.4%
3 years, per year +31.3%+63.1%+34.0% +23.3%
5 years +34.4%+267.6%+107.2% +67.9%
5 years, per year +6.1%+29.8%+15.7% +10.9%
10 years +40.6%+515.2%+132.9% +261.1%
10 years, per year +3.5%+19.9%+8.8% +13.7%

Risk

MeasureEQXKGCBSPY
Volatility, 1Y 62.5%54.4%46.8% 12.7%
Downside volatility, 1Y 64.9%57.2%50.3% 12.7%
Beta vs S&P 500, 1Y 2.101.951.80 1.00
Return / volatility, 1Y -0.020.020.50 0.97
Max drawdown, 5Y -71.6%-56.0%-48.8% -25.4%
From 52-week high -44.4%-39.6%-25.9% -1.2%
52-week high $18.76$38.07$52.98 $779.14
52-week low $8.61$22.21$31.67 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEQXKGCB
P/E now vs peer median 13.3xmedian 13.3x 9.0xmedian 13.3x 10.3xmedian 13.3x
P/S now vs peer median 3.4xmedian 3.2x 3.3xmedian 3.2x 3.2xmedian 3.2x
EV/EBITDA now vs peer median 6.6xmedian 7.3x 4.6xmedian 7.3x 4.9xmedian 7.3x
P/FCF now vs peer median —median 14.7x 7.0xmedian 14.7x 5.8xmedian 14.7x
P/B now vs peer median 1.3xmedian 2.2x 2.8xmedian 2.2x 2.4xmedian 2.2x
PEG now vs peer median 0.09median 0.31 0.08median 0.31 0.03median 0.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEQXKGCB
Revenue $2.41B $8.47B $20.66B
Gross profit – $4.89B $11.56B
Operating income $740.90M $4.46B $10.94B
Net income $1.74B $3.23B $9.49B
Free cash flow – $3.93B $11.25B
R&D $25.27M $177.70M $481.00M
EPS (diluted) $0.78 $2.55 $3.82
Cash & equivalents $317.78M $2.66B $5.93B
Total debt $553.95M $4.67B $18.98B
Shares (diluted) 630.31M 1.22B 1.71B
Enterprise value $4.52B $18.66B $42.67B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEQXKGCB
P/E 13.3x 9.0x 10.3x
P/FCF – 7.0x 5.8x
P/Operating cash flow – 5.6x 7.0x
P/S 3.4x 3.3x 3.2x
P/B 1.3x 2.8x 2.4x
P/Tangible book 1.3x 2.8x 2.4x
EV/EBITDA 6.6x 4.6x 4.9x
EV/EBIT 11.2x 5.8x 5.9x
EV/Revenue 3.4x 3.0x 3.1x
EV/FCF – 6.6x 5.7x
EV/Operating cash flow – 5.2x 6.9x
PEG (3Y EPS CAGR) 0.09 0.08 0.03

Growth

14 metrics
MetricEQXKGCB
Revenue growth (1Y) 98.8% 39.5% 49.4%
Revenue CAGR (3Y) 33.7% 28.9% 24.2%
Gross profit growth (1Y) – 77.5% 89.0%
Gross profit CAGR (3Y) – 87.4% 56.9%
Operating income growth (1Y) 363.9% 86.2% 111.0%
Operating income CAGR (3Y) 256.1% 137.5% 62.3%
Net income growth (1Y) 638.7% 98.6% 137.0%
Net income CAGR (3Y) 385.5% 48.0% 196.2%
EPS growth (1Y) 372.4% 118.1% 142.2%
EPS CAGR (3Y) 149.9% 112.1% 332.2%
Operating cash flow growth (1Y) – 46.5% 84.0%
Operating cash flow CAGR (3Y) – 47.9% 43.8%
Free cash flow growth (1Y) – -11.6% 69.3%
Free cash flow CAGR (3Y) – 27.1% 33.2%

Profitability

14 metrics
MetricEQXKGCB
Gross margin – 57.7% 56.0%
EBITDA margin 51.5% 65.7% 63.2%
Operating margin 30.7% 52.6% 53.0%
Pretax margin 26.8% 52.4% 58.9%
Net margin 20.5% 36.9% 31.6%
FCF margin – 46.4% 54.4%
Operating cash flow margin – 58.4% 45.5%
Return on equity 16.3% 34.0% 29.6%
Return on assets 9.7% 24.4% 18.1%
Return on invested capital 9.9% 40.9% 24.8%
Return on capital employed – – 22.2%
Asset turnover 0.4x 0.6x 0.4x
Cash conversion (OCF / net income) – 1.5x 1.0x
Stock comp / revenue – 0.2% –

Financial Health

11 metrics
MetricEQXKGCB
Debt / assets 5.7% 5.9% 8.9%
Debt / equity 0.1x 0.1x 0.2x
Net debt / EBITDA 0.1x -0.3x -0.1x
Debt / FCF – 0.2x 0.4x
Liabilities / assets 35.0% 28.1% 47.8%
Equity / assets 65.0% 71.9% 52.2%
Interest coverage 21.9x 27.8x 63.6x
Current ratio – – 3.0x
Quick ratio – – 2.1x
Cash ratio – – 1.9x
Altman Z-score – – 2.82

Shareholder Returns

7 metrics
MetricEQXKGCB
Dividend yield 0.4% 0.7% 2.4%
Net buyback yield – 1.1% 0.2%
Shareholder yield 0.4% 1.7% 2.6%
Payout ratio (earnings) – 4.0% 8.5%
Payout ratio (FCF) – 3.3% 7.2%
Dividend growth (1Y) – -11.8% -7.5%
Dividend CAGR (3Y) – -6.3% -0.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEQXKGCB
Forward P/E 10.4xFY2026 9.8xFY2026 10.5xFY2026
EPS, next fiscal year $1.00FY2026 $2.36FY2026 $3.75FY2026
EPS growth, next FY +49.3%FY2026 +29.0%FY2026 +55.6%FY2026
EPS growth, the year after +31.0% +6.8% +14.4%
Revenue, next fiscal year $4.20BFY2026 $8.30BFY2026 $20.23BFY2026
Revenue growth, next FY +130.7%FY2026 +18.1%FY2026 +19.7%FY2026
Revenue growth, the year after +32.3% +3.8% +24.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEQXKGCB
Held by institutions 70.9% – 0.0%
Institutions holding 327 – 1
Change in shares held, QoQ +0.5% – –
Institutions buying 184 – 1
Institutions selling 88 – 0
Buyers to sellers 2.09 – –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EQXKGCB
EQX 1.00 0.84 0.84
KGC 0.84 1.00 0.88
B 0.84 0.88 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EQX, KGC and B?

Barrick Mining (B) is the largest by market capitalisation: Equinox Gold (EQX) $6.56B, Kinross Gold (KGC) $27.82B, Barrick Mining (B) $67.47B.

Which stock is cheaper, EQX, KGC and B?

Kinross Gold (KGC) trades on the lowest price-to-earnings ratio (Equinox Gold (EQX) 13.3x, Kinross Gold (KGC) 8.9x, Barrick Mining (B) 10.3x). On next year's consensus earnings, Kinross Gold (KGC) is cheapest (Equinox Gold (EQX) 10.4x, Kinross Gold (KGC) 9.8x, Barrick Mining (B) 10.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Equinox Gold (EQX) grew revenue fastest over the trailing twelve months: Equinox Gold (EQX) +98.8%, Kinross Gold (KGC) +39.5%, Barrick Mining (B) +49.4%.

Which company is more profitable?

Kinross Gold (KGC) has the highest net margin (Equinox Gold (EQX) 20.5%, Kinross Gold (KGC) 36.9%, Barrick Mining (B) 31.6%). On return on invested capital, Kinross Gold (KGC) leads (Equinox Gold (EQX) 9.9%, Kinross Gold (KGC) 40.9%, Barrick Mining (B) 24.8%).

Which stock has performed better?

Over the past year Barrick Mining (B) returned the most: Equinox Gold (EQX) -1.4%, Kinross Gold (KGC) +1.0%, Barrick Mining (B) +23.3%. Over five years, Kinross Gold (KGC) compounded fastest (Equinox Gold (EQX) +6.1%/yr, Kinross Gold (KGC) +29.8%/yr, Barrick Mining (B) +15.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Barrick Mining (B) has the highest dividend yield: Equinox Gold (EQX) 0.00%, Kinross Gold (KGC) 0.00%, Barrick Mining (B) 0.01%. Equinox Gold (EQX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Barrick Mining (B) has been the steadiest (Equinox Gold (EQX) 62.5%, Kinross Gold (KGC) 54.4%, Barrick Mining (B) 46.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EQX, KGC and B?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kinross Gold (KGC) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.