EQX vs. IAG: Equinox Gold vs. IAMGOLD Stock Comparison
How do Equinox Gold (EQX) and IAMGOLD (IAG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Equinox Gold (EQX) and IAMGOLD (IAG) are both classified in the Gold sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.
| Profile Item | EQX | IAG |
|---|---|---|
| Name | Equinox Gold Corp. | IAMGOLD Corporation |
| Country/Region | Canada | Canada |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Metals & Mining |
| GICS Sub-Industry | Gold | Gold |
| Market Capitalization | 13.45 billion USD | 10.63 billion USD |
| Currency | USD | USD |
| Exchange | NYSE American | NYSE |
| Listing Date | January 2, 2019 | July 15, 2003 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EQX | IAG |
|---|---|---|
| Total Return (1Y) | 1.87% | 53.79% |
| Total Return (3Y, Annualized) | 37.49% | 103.91% |
| Total Return (5Y, Annualized) | 8.54% | 44.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EQX | IAG |
|---|---|---|
| Volatility (1Y, Annualized) | 63.25% | 64.39% |
| Beta (5Y) | 1.25 | 1.33 |
| Max Drawdown (5Y) | -71.57% | -73.58% |
| Avg. Volume (3M) | 12.60M | 5.11M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EQX | IAG |
|---|---|---|
| Sharpe Ratio (1Y) | -0.04 | 0.77 |
| Sortino Ratio (1Y) | -0.06 | 1.17 |
Profitability
ROE (TTM)
IAMGOLD (IAG) at 34.91% sits in the top ROE quartile, while Equinox Gold (EQX) at 8.47% is closer to the peer norm — stronger capital efficiency for IAG.
EQX
Materials industry group
8.47%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- EQX
- 8.47%
- Q1
- -3.41%
- Min
- -32.81%
IAG
Materials industry group
34.91%
- Max
- 52.88%
- IAG
- 34.91%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
For every dollar of sales, both Equinox Gold (EQX) at 28.09% and IAMGOLD (IAG) at 34.29% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
EQX
Materials industry group
28.09%
- Max
- 38.66%
- EQX
- 28.09%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
IAG
Materials industry group
34.29%
- Max
- 38.66%
- IAG
- 34.29%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Both Equinox Gold (EQX) at 32.14% and IAMGOLD (IAG) at 43.99% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
EQX
Materials industry group
32.14%
- Max
- 66.70%
- EQX
- 32.14%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
IAG
Materials industry group
43.99%
- Max
- 66.70%
- IAG
- 43.99%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | EQX | IAG |
|---|---|---|
| ROE (TTM) | 8.47% | 34.91% |
| ROA (TTM) | 6.74% | 20.39% |
| Net Margin (TTM) | 28.09% | 34.29% |
| Operating Margin (TTM) | 32.14% | 43.99% |
| Gross Margin (TTM) | 57.60% | 51.82% |
Growth
Revenue Growth
Both companies are growing quickly, but Equinox Gold (EQX) at 99.07% is the standout with revenue growth above its industry range; IAMGOLD (IAG) at 74.70% also sits in the top quartile.
EPS Growth
Both Equinox Gold (EQX) at -53.33% and IAMGOLD (IAG) at -24.00% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | EQX | IAG |
|---|---|---|
| Revenue Growth (YoY) | 99.07% | 74.70% |
| Revenue Growth (3Y CAGR) | 24.04% | 43.83% |
| EPS Growth (YoY) | -53.33% | -24.00% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
IAMGOLD (IAG) at 2.41 keeps current ratio within its industry’s typical mid-range, while Equinox Gold (EQX) at 1.33 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for EQX.
EQX
Materials industry group
1.33
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- EQX
- 1.33
- Min
- 0.16
IAG
Materials industry group
2.41
- Max
- 5.96
- Q3
- 3.30
- IAG
- 2.41
- Median
- 2.24
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
IAMGOLD (IAG) at 0.12 keeps leverage in the lower industry quartile, while Equinox Gold (EQX) at 0.13 runs a more typical debt-to-equity mix.
EQX
Materials industry group
0.13
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- EQX
- 0.13
- Q1
- 0.13
- Min
- 0.00
IAG
Materials industry group
0.12
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- IAG
- 0.12
- Min
- 0.00
Financial Strength Metrics
| Metric | EQX | IAG |
|---|---|---|
| Current Ratio (MRQ) | 1.33 | 2.41 |
| Debt / Equity (MRQ) | 0.13 | 0.12 |
| Net Debt / EBITDA | 0.21 | -0.10 |
Dividends
Dividend Yield (TTM)
IAMGOLD (IAG) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Equinox Gold (EQX) reports a yield of 0.27%, ranking against industry peers normally.
EQX
Materials industry group
0.27%
- Max
- 4.52%
- Q3
- 1.85%
- Median
- 0.38%
- EQX
- 0.27%
- Q1
- 0.00%
- Min
- 0.00%
IAG
Materials industry group
0.00%
- Max
- 4.52%
- Q3
- 1.85%
- Median
- 0.38%
- IAG
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
IAMGOLD (IAG) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Equinox Gold (EQX) reports a payout of 6.25%, ranking against industry peers normally.
EQX
Materials industry group
6.25%
- Max
- 83.62%
- Q3
- 41.37%
- Median
- 9.54%
- EQX
- 6.25%
- Q1
- 0.00%
- Min
- 0.00%
IAG
Materials industry group
0.00%
- Max
- 83.62%
- Q3
- 41.37%
- Median
- 9.54%
- IAG
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | EQX | IAG |
|---|---|---|
| Dividend Yield (TTM) | 0.27% | 0.00% |
| Dividend Payout Ratio (TTM) | 6.25% | 0.00% |
Valuation
P/E Ratio (TTM)
IAMGOLD (IAG) at 8.34 sits in the cheaper P/E ratio quartile, while Equinox Gold (EQX) at 24.00 is closer to its industry’s usual earnings multiple — a discount for IAG, though growth and earnings durability still matter.
EQX
Materials industry group
24.00
- Max
- 59.00
- Q3
- 32.93
- EQX
- 24.00
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
IAG
Materials industry group
8.34
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- IAG
- 8.34
- Min
- 3.93
P/S Ratio (TTM)
IAMGOLD (IAG) at 2.77 is priced about in line with its industry on P/S ratio, while Equinox Gold (EQX) at 4.64 sits in the pricier quartile — EQX costs more per dollar of sales.
EQX
Materials industry group
4.64
- Max
- 9.62
- EQX
- 4.64
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
IAG
Materials industry group
2.77
- Max
- 9.62
- Q3
- 4.34
- IAG
- 2.77
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Equinox Gold (EQX) at 1.43 and IAMGOLD (IAG) at 2.30 are valued close to their industries’ norm against book — neither stands out from peers.
EQX
Materials industry group
1.43
- Max
- 6.59
- Q3
- 3.55
- Median
- 2.08
- EQX
- 1.43
- Q1
- 1.26
- Min
- -0.17
IAG
Materials industry group
2.30
- Max
- 6.59
- Q3
- 3.55
- IAG
- 2.30
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | EQX | IAG |
|---|---|---|
| P/E Ratio (TTM) | 24.00 | 8.34 |
| P/S Ratio (TTM) | 4.64 | 2.77 |
| P/B Ratio (MRQ) | 1.43 | 2.30 |
| Free Cash Flow Yield (TTM) | 2.15% | 11.69% |