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EQX vs. RS: Equinox Gold vs. Reliance Stock Comparison

How do Equinox Gold (EQX) and Reliance (RS) 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 Reliance (RS) both belong to the Metals & Mining industry, though EQX is classified under Gold while RS falls under Steel.

Company profile comparison for Equinox Gold (EQX) and Reliance (RS)
Profile ItemEQXRS
NameEquinox Gold Corp.Reliance, Inc.
Country/RegionCanadaUnited States
GICS SectorMaterialsMaterials
GICS Industry GroupMaterialsMaterials
GICS IndustryMetals & MiningMetals & Mining
GICS Sub-IndustryGoldSteel
Market Capitalization13.45 billion USD21.24 billion USD
CurrencyUSDUSD
ExchangeNYSE AmericanNYSE
Listing DateJanuary 2, 2019September 16, 1994
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

EQX
RS
GSPC
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Equinox Gold (EQX) vs. Reliance (RS), 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 Reliance (RS). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Equinox Gold (EQX) and Reliance (RS)
MetricEQXRS
Total Return (1Y)1.87%54.53%
Total Return (3Y, Annualized)37.49%18.36%
Total Return (5Y, Annualized)8.54%22.28%

Risk Profile

Drawdown History

EQX
RS
GSPC
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Equinox Gold (EQX) vs. Reliance (RS), 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 Reliance (RS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Equinox Gold (EQX) is heavily traded at around 12.60M shares per day, whereas Reliance (RS) sees a more moderate 311.43K — larger orders in the latter may require more patience and tighter control over order sizing.

Risk profile metrics for Equinox Gold (EQX) and Reliance (RS)
MetricEQXRS
Volatility (1Y, Annualized)63.25%25.64%
Beta (5Y)1.250.97
Max Drawdown (5Y)-71.57%-22.32%
Avg. Volume (3M)12.60M311.43K

Risk-Adjusted Performance

Risk-Return Positioning

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EQX and RS 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 Reliance (RS)
MetricEQXRS
Sharpe Ratio (1Y)-0.041.96
Sortino Ratio (1Y)-0.062.92

Profitability

ROE (TTM)

Both Equinox Gold (EQX) at 8.47% and Reliance (RS) at 14.75% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

EQX

Materials industry group

8.47%

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

RS

Materials industry group

14.75%

Max
52.88%
Q3
19.49%
RS
14.75%
Median
8.76%
Q1
-3.41%
Min
-32.81%
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Equinox Gold (EQX) vs. Reliance (RS): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Equinox Gold (EQX) at 28.09% retains a top-quartile share of revenue as profit, ahead of Reliance (RS) at 6.38%, which keeps about the industry-typical share.

EQX

Materials industry group

28.09%

Max
38.66%
EQX
28.09%
Q3
15.98%
Median
5.28%
Q1
0.00%
Min
-20.40%

RS

Materials industry group

6.38%

Max
38.66%
Q3
15.98%
RS
6.38%
Median
5.28%
Q1
0.00%
Min
-20.40%
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Equinox Gold (EQX) vs. Reliance (RS): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Equinox Gold (EQX) at 32.14% operates in the top operating margin quartile, ahead of Reliance (RS) at 10.63%, which runs around its industry’s norm.

EQX

Materials industry group

32.14%

Max
66.70%
EQX
32.14%
Q3
28.92%
Median
12.56%
Q1
3.28%
Min
-14.07%

RS

Materials industry group

10.63%

Max
66.70%
Q3
28.92%
Median
12.56%
RS
10.63%
Q1
3.28%
Min
-14.07%
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Equinox Gold (EQX) vs. Reliance (RS): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Equinox Gold (EQX) and Reliance (RS)
MetricEQXRS
ROE (TTM)8.47%14.75%
ROA (TTM)6.74%8.83%
Net Margin (TTM)28.09%6.38%
Operating Margin (TTM)32.14%10.63%
Gross Margin (TTM)57.60%28.17%

Growth

Revenue Growth

Equinox Gold (EQX) at 99.07% clears its industry range for revenue growth, far stronger top-line momentum than Reliance (RS) at 3.32%, which is closer to a typical peer reading.

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

EPS Growth

Both Equinox Gold (EQX) at -53.33% and Reliance (RS) at -10.15% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for Equinox Gold (EQX) and Reliance (RS)
MetricEQXRS
Revenue Growth (YoY)99.07%3.32%
Revenue Growth (3Y CAGR)24.04%-5.66%
EPS Growth (YoY)-53.33%-10.15%
EPS Growth (3Y CAGR)---22.40%

Financial Strength

Current Ratio (MRQ)

Reliance (RS) at 4.12 carries current ratio above its industry’s typical mid-range, while Equinox Gold (EQX) at 1.33 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

EQX

Materials industry group

1.33

Max
5.96
Q3
3.30
Median
2.24
Q1
1.45
EQX
1.33
Min
0.16

RS

Materials industry group

4.12

Max
5.96
RS
4.12
Q3
3.30
Median
2.24
Q1
1.45
Min
0.16
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Equinox Gold (EQX) vs. Reliance (RS): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both Equinox Gold (EQX) at 0.13 and Reliance (RS) at 0.25 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

EQX

Materials industry group

0.13

Max
1.98
Q3
0.89
Median
0.47
EQX
0.13
Q1
0.13
Min
0.00

RS

Materials industry group

0.25

Max
1.98
Q3
0.89
Median
0.47
RS
0.25
Q1
0.13
Min
0.00
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Equinox Gold (EQX) vs. Reliance (RS): 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 Reliance (RS)
MetricEQXRS
Current Ratio (MRQ)1.334.12
Debt / Equity (MRQ)0.130.25
Net Debt / EBITDA0.210.93

Dividends

Dividend Yield (TTM)

Both Equinox Gold (EQX) at 0.27% and Reliance (RS) at 1.20% 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%

RS

Materials industry group

1.20%

Max
4.52%
Q3
1.85%
RS
1.20%
Median
0.38%
Q1
0.00%
Min
0.00%
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Equinox Gold (EQX) vs. Reliance (RS): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Equinox Gold (EQX) at 6.25% and Reliance (RS) at 23.08% 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%

RS

Materials industry group

23.08%

Max
83.62%
Q3
41.37%
RS
23.08%
Median
9.54%
Q1
0.00%
Min
0.00%
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Equinox Gold (EQX) vs. Reliance (RS): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Equinox Gold (EQX) and Reliance (RS)
MetricEQXRS
Dividend Yield (TTM)0.27%1.20%
Dividend Payout Ratio (TTM)6.25%23.08%

Valuation

P/E Ratio (TTM)

Both Equinox Gold (EQX) at 24.00 and Reliance (RS) at 19.44 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

EQX

Materials industry group

24.00

Max
59.00
Q3
32.93
EQX
24.00
Median
18.82
Q1
11.96
Min
3.93

RS

Materials industry group

19.44

Max
59.00
Q3
32.93
RS
19.44
Median
18.82
Q1
11.96
Min
3.93
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Equinox Gold (EQX) vs. Reliance (RS): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Reliance (RS) at 1.22 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

RS

Materials industry group

1.22

Max
9.62
Q3
4.34
Median
1.87
RS
1.22
Q1
0.73
Min
0.00
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Equinox Gold (EQX) vs. Reliance (RS): 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 Reliance (RS) at 2.75 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

RS

Materials industry group

2.75

Max
6.59
Q3
3.55
RS
2.75
Median
2.08
Q1
1.26
Min
-0.17
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Equinox Gold (EQX) vs. Reliance (RS): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Equinox Gold (EQX) and Reliance (RS)
MetricEQXRS
P/E Ratio (TTM)24.0019.44
P/S Ratio (TTM)4.641.22
P/B Ratio (MRQ)1.432.75
Free Cash Flow Yield (TTM)2.15%1.19%