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EQX vs. KGC: Equinox Gold vs. Kinross Gold Stock Comparison

How do Equinox Gold (EQX) and Kinross Gold (KGC) 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 Kinross Gold (KGC) are both classified in the Gold sub-industry within the broader Metals & Mining industry, placing them in the closest GICS peer bucket.

Company profile comparison for Equinox Gold (EQX) and Kinross Gold (KGC)
Profile ItemEQXKGC
NameEquinox Gold Corp.Kinross Gold Corporation
Country/RegionCanadaCanada
GICS SectorMaterialsMaterials
GICS Industry GroupMaterialsMaterials
GICS IndustryMetals & MiningMetals & Mining
GICS Sub-IndustryGoldGold
Market Capitalization13.45 billion USD26.20 billion USD
CurrencyUSDUSD
ExchangeNYSE AmericanNYSE
Listing DateJanuary 2, 2019March 17, 1981
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

EQX
KGC
GSPC
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Equinox Gold (EQX) vs. Kinross Gold (KGC), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Equinox Gold (EQX) and Kinross Gold (KGC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Equinox Gold (EQX) and Kinross Gold (KGC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Equinox Gold (EQX) and Kinross Gold (KGC)
MetricEQXKGC
Total Return (1Y)1.87%-6.33%
Total Return (3Y, Annualized)37.49%63.07%
Total Return (5Y, Annualized)8.54%31.69%

Risk Profile

Drawdown History

EQX
KGC
GSPC
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Equinox Gold (EQX) vs. Kinross Gold (KGC), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Equinox Gold (EQX) and Kinross Gold (KGC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Equinox Gold (EQX) and Kinross Gold (KGC)
MetricEQXKGC
Volatility (1Y, Annualized)63.25%54.45%
Beta (5Y)1.250.79
Max Drawdown (5Y)-71.57%-55.22%
Avg. Volume (3M)12.60M8.04M

Risk-Adjusted Performance

Risk-Return Positioning

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EQX and KGC are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Equinox Gold (EQX) and Kinross Gold (KGC)
MetricEQXKGC
Sharpe Ratio (1Y)-0.04-0.19
Sortino Ratio (1Y)-0.06-0.27

Profitability

ROE (TTM)

Kinross Gold (KGC) at 35.31% sits in the top ROE quartile, while Equinox Gold (EQX) at 8.47% is closer to the peer norm — stronger capital efficiency for KGC.

EQX

Materials industry group

8.47%

Max
52.88%
Q3
19.49%
Median
8.76%
EQX
8.47%
Q1
-3.41%
Min
-32.81%

KGC

Materials industry group

35.31%

Max
52.88%
KGC
35.31%
Q3
19.49%
Median
8.76%
Q1
-3.41%
Min
-32.81%
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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Equinox Gold (EQX) at 28.09% and Kinross Gold (KGC) at 37.63% 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%

KGC

Materials industry group

37.63%

Max
38.66%
KGC
37.63%
Q3
15.98%
Median
5.28%
Q1
0.00%
Min
-20.40%
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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Equinox Gold (EQX) at 32.14% and Kinross Gold (KGC) at 45.59% 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%

KGC

Materials industry group

45.59%

Max
66.70%
KGC
45.59%
Q3
28.92%
Median
12.56%
Q1
3.28%
Min
-14.07%
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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Equinox Gold (EQX) and Kinross Gold (KGC)
MetricEQXKGC
ROE (TTM)8.47%35.31%
ROA (TTM)6.74%20.64%
Net Margin (TTM)28.09%37.63%
Operating Margin (TTM)32.14%45.59%
Gross Margin (TTM)57.60%68.61%

Growth

Revenue Growth

Equinox Gold (EQX) at 99.07% clears its industry range for revenue growth, far stronger top-line momentum than Kinross Gold (KGC) at 36.95%, which is closer to a typical peer reading.

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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Kinross Gold (KGC) at 153.25% sits in the top EPS growth quartile, while Equinox Gold (EQX) at -53.33% is closer to the peer norm — faster per-share earnings growth for KGC.

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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Equinox Gold (EQX) and Kinross Gold (KGC)
MetricEQXKGC
Revenue Growth (YoY)99.07%36.95%
Revenue Growth (3Y CAGR)24.04%26.84%
EPS Growth (YoY)-53.33%153.25%
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Kinross Gold (KGC) at 2.87 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

KGC

Materials industry group

2.87

Max
5.96
Q3
3.30
KGC
2.87
Median
2.24
Q1
1.45
Min
0.16
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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Kinross Gold (KGC) at 0.07 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

KGC

Materials industry group

0.07

Max
1.98
Q3
0.89
Median
0.47
Q1
0.13
KGC
0.07
Min
0.00
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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Equinox Gold (EQX) and Kinross Gold (KGC)
MetricEQXKGC
Current Ratio (MRQ)1.332.87
Debt / Equity (MRQ)0.130.07
Net Debt / EBITDA0.21-0.35

Dividends

Dividend Yield (TTM)

Both Equinox Gold (EQX) at 0.27% and Kinross Gold (KGC) at 0.74% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

EQX

Materials industry group

0.27%

Max
4.52%
Q3
1.85%
Median
0.38%
EQX
0.27%
Q1
0.00%
Min
0.00%

KGC

Materials industry group

0.74%

Max
4.52%
Q3
1.85%
KGC
0.74%
Median
0.38%
Q1
0.00%
Min
0.00%
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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Equinox Gold (EQX) at 6.25% and Kinross Gold (KGC) at 5.87% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

EQX

Materials industry group

6.25%

Max
83.62%
Q3
41.37%
Median
9.54%
EQX
6.25%
Q1
0.00%
Min
0.00%

KGC

Materials industry group

5.87%

Max
83.62%
Q3
41.37%
Median
9.54%
KGC
5.87%
Q1
0.00%
Min
0.00%
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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Equinox Gold (EQX) and Kinross Gold (KGC)
MetricEQXKGC
Dividend Yield (TTM)0.27%0.74%
Dividend Payout Ratio (TTM)6.25%5.87%

Valuation

P/E Ratio (TTM)

Kinross Gold (KGC) at 8.42 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 KGC, 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

KGC

Materials industry group

8.42

Max
59.00
Q3
32.93
Median
18.82
Q1
11.96
KGC
8.42
Min
3.93
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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Kinross Gold (KGC) at 3.10 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

KGC

Materials industry group

3.10

Max
9.62
Q3
4.34
KGC
3.10
Median
1.87
Q1
0.73
Min
0.00
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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Equinox Gold (EQX) at 1.43 and Kinross Gold (KGC) at 2.63 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

KGC

Materials industry group

2.63

Max
6.59
Q3
3.55
KGC
2.63
Median
2.08
Q1
1.26
Min
-0.17
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Equinox Gold (EQX) vs. Kinross Gold (KGC): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Equinox Gold (EQX) and Kinross Gold (KGC)
MetricEQXKGC
P/E Ratio (TTM)24.008.42
P/S Ratio (TTM)4.643.10
P/B Ratio (MRQ)1.432.63
Free Cash Flow Yield (TTM)2.15%9.40%