Equinox Gold Corp (EQX), a prominent player in the gold mining industry, has recently demonstrated notable performance in the stock market. As of the latest trading session on February 12, 2026, the company’s shares closed at CAD 21.53, marking a 4.81% increase from the previous session on February 9. This uptick is part of a broader trend observed over the past year, where the stock has fluctuated between a high of CAD 23.49 on January 25, 2026, and a low of CAD 7.71 on June 29, 2025. Currently, the stock price is approximately 92% of its 52-week peak, suggesting a moderate level of upside potential within its recent trading range.

Operating within the Materials sector, specifically under the Metals & Mining industry, Equinox Gold Corp is engaged in the operation of mines and development projects across the Americas. The company is listed on the Toronto Stock Exchange and trades in Canadian dollars (CAD). As of the latest data, Equinox Gold Corp boasts a market capitalization of CAD 16.9 billion, reflecting its substantial presence in the mining sector.

A closer examination of the company’s financial metrics reveals a price-to-earnings (P/E) ratio of 138.76, which is significantly higher than the industry norm. This elevated P/E ratio indicates that investors are willing to pay a premium for the company’s earnings, possibly due to expectations of future growth or the company’s strategic positioning within the gold mining industry. Additionally, the price-to-book (P/B) ratio stands at 2.12, suggesting that the market values the company at more than twice its book value. This valuation is considerably higher than the book value, highlighting investor confidence in the company’s assets and future prospects.

In summary, Equinox Gold Corp’s recent stock performance and financial metrics underscore its robust position within the gold mining sector. The company’s strategic operations in the Americas, coupled with its strong market valuation, position it as a key player in the industry. As the company continues to navigate the dynamic landscape of the mining sector, its financial health and market performance will be critical indicators of its ongoing success and potential for future growth.