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EQX vs HMY

EQX
Equinox Gold Corp.
NEUTRAL
Price
$14.33
Market Cap
$11.31B
Sector
Basic Materials
AI Confidence
80%
HMY
Harmony Gold Mining Company Limited
BULLISH
Price
$16.46
Market Cap
$10.39B
Sector
Basic Materials
AI Confidence
75%

Valuation

P/E Ratio
EQX
--
HMY
10.55
Forward P/E
EQX
7.91
HMY
4.96
P/B Ratio
EQX
1.94
HMY
3.27
P/S Ratio
EQX
6.22
HMY
0.13
EV/EBITDA
EQX
12.76
HMY
0.54

Profitability

Gross Margin
EQX
52.28%
HMY
43.5%
Operating Margin
EQX
27.48%
HMY
33.34%
Profit Margin
EQX
12.19%
HMY
20.05%
ROE
EQX
-0.41%
HMY
33.49%
ROA
EQX
3.62%
HMY
17.3%

Growth

Revenue Growth
EQX
--
HMY
19.5%
Earnings Growth
EQX
--
HMY
22.7%

Financial Health

Debt/Equity
EQX
0.32
HMY
0.25
Current Ratio
EQX
1.56
HMY
0.54
Quick Ratio
EQX
0.5
HMY
0.37

Dividends

Dividend Yield
EQX
0.1%
HMY
2.44%
Payout Ratio
EQX
0.0%
HMY
14.61%

AI Verdict

EQX NEUTRAL

Equinox Gold presents a stark contrast between valuation and fundamental health, highlighted by a weak Piotroski F-Score of 2/9. While the stock is attractively valued with a Forward P/E of 7.91 and a strong analyst target of $23.00, the deterministic health metrics indicate significant operational instability. Recent price performance has been exceptional over the last year, but a 0/100 technical trend and a massive -83.33% Q/Q revenue decline suggest a looming correction or operational pivot. The investment profile is currently speculative, relying on gold price tailwinds rather than internal financial strength.

Strengths
Very low Forward P/E (7.91) relative to sector average (40.32)
Strong 1-year price appreciation (+110.9%)
Healthy gross margins (52.28%) and operating margins (27.48%)
Risks
Critical financial health deterioration (Piotroski F-Score: 2/9)
Severe Q/Q revenue contraction (-83.33%)
Poor liquidity indicated by a Quick Ratio of 0.50
HMY BULLISH

HMY exhibits strong fundamental health with a Piotroski F-Score of 7/9 and an exceptional ROE of 33.49%. The stock is significantly undervalued relative to its intrinsic value of $46.02 and trades at a remarkably low PEG ratio of 0.03. While the company faces short-term liquidity concerns (Current Ratio 0.54) and a poor earnings surprise track record, the combination of low debt and strong growth metrics suggests a deep-value opportunity.

Strengths
Strong financial health indicated by a Piotroski F-Score of 7/9
Exceptional profitability with ROE at 33.49% and Operating Margin at 33.34%
Deep value valuation with a Forward P/E of 4.96 and PEG of 0.03
Risks
Severe liquidity risk evidenced by a Current Ratio of 0.54 and Quick Ratio of 0.37
Chronic failure to meet earnings estimates (0/4 beats in last 4 quarters)
Bearish technical trend (0/100) indicating strong downward price momentum

Compare Another Pair

EQX vs HMY: Head-to-Head Comparison

This page compares Equinox Gold Corp. (EQX) and Harmony Gold Mining Company Limited (HMY) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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