Equinox Gold (EQX) Long-Term Investments (2019 - 2024)
Equinox Gold (EQX) posted quarterly Long-Term Investments of $28.1 million for Q1 2024, down 76.57% year-over-year from $119.9 million in Q2 2023, and down 3.98% on a QoQ basis from $29.3 million in Q4 2023.
Equinox Gold (EQX) Long-Term Investments (2019 - 2024) Analysis & Trends
Equinox Gold (EQX) has reported Long-Term Investments for 6 consecutive years, with $28.1 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Long-Term Investments fell 76.57% year-over-year to $28.1 million; the TTM figure through Mar 2024 stood at $28.1 million (down 76.57% YoY), while the FY2023 annual figure was $29.3 million, up 975.35% from the prior year.
- Long-Term Investments came in at $28.1 million for Q1 2024 at Equinox Gold, down from $29.3 million in the prior quarter.
- The five-year high for Long-Term Investments was $154.4 million in Q3 2022, with the low at -$31.0 million in Q2 2021.
- Average Long-Term Investments over 5 years is $58.1 million, with a median of $29.5 million recorded in 2023.
- Across the five-year window, Long-Term Investments slumped 406.72% in 2021 and jumped 884.12% in 2022, its largest moves.
- Year by year, Long-Term Investments stood at $22.3 million in 2020, then jumped by 462.27% to $125.3 million in 2021, then advanced by 20.37% to $150.8 million in 2022, then slumped by 80.6% to $29.3 million in 2023, then decreased by 3.98% to $28.1 million in 2024.
- According to Business Quant data, Long-Term Investments over the past three periods registered $28.1 million, $29.3 million, and $29.7 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -40.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 4.19 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | 209.80 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 164.22 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 817.00 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 1.32 Bn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | 189.60 Mn |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 115.70 Mn |
| 10 | Equinox Gold | 7.68 Bn | 8.27 Bn | 319.98 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 28.10 Mn |
| Dec 31, 2023 | 29.26 Mn |
| Sep 30, 2023 | 29.67 Mn |
| Jun 30, 2023 | 29.67 Mn |
| Mar 31, 2023 | 119.90 Mn |
| Dec 31, 2022 | 150.83 Mn |
| Sep 30, 2022 | -3.34 Mn |
| Jun 30, 2022 | -3.34 Mn |
| Mar 31, 2022 | 123.73 Mn |
| Dec 31, 2021 | 125.31 Mn |
| Sep 30, 2021 | -30.96 Mn |
| Jun 30, 2021 | 110.31 Mn |
| Mar 31, 2021 | 12.57 Mn |
| Dec 31, 2020 | 22.29 Mn |
| Jun 30, 2020 | 10.09 Mn |
| Mar 31, 2020 | 6.16 Mn |
| Dec 31, 2019 | 7.16 Mn |
| Sep 30, 2019 | 5.36 Mn |