Equinox Gold(US:EQX) ZACKS·2025-12-18 18:01Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Equinox Gold (EQX) - Equinox Gold currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [4] Price Performance - EQX shares have increased by 5.6% over the past week, outperforming the Zacks Mining - Gold industry, which rose by 3.86% [6] - Over the last quarter, EQX shares have surged by 32.41%, and over the past year, they have gained 169.71%, significantly outperforming the S&P 500's increases of 2.16% and 12.81% respectively [7] Trading Volume - The average 20-day trading volume for EQX is 7,945,647 shares, indicating a bullish sign as rising stocks with above-average volume are generally viewed positively [8] Earnings Outlook - In the past two months, two earnings estimates for EQX have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.27 to $0.54 [10] - For the next fiscal year, two estimates have also moved upwards, with no downward revisions during the same period [10] Conclusion - Considering the strong momentum indicators and positive earnings outlook, EQX is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [12]