EQX vs. TECK: Equinox Gold vs. Teck Resources Stock Comparison

November 11, 2026

How do Equinox Gold (EQX) and Teck Resources (TECK) 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 Teck Resources (TECK) both belong to the Metals & Mining industry, though EQX is classified under Gold while TECK falls under Diversified Metals & Mining.

Company profile comparison for Equinox Gold (EQX) and Teck Resources (TECK)
Profile Item	EQX	TECK
Name	Equinox Gold Corp.	Teck Resources Ltd Class B
Country/Region	Canada	Canada
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Metals & Mining
GICS Sub-Industry	Gold	Diversified Metals & Mining
Market Capitalization	13.45 billion USD	29.69 billion USD
Currency	USD	USD
Exchange	NYSE American	NYSE
Listing Date	January 2, 2019	July 18, 2002
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

EQX

TECK

GSPC

Equinox Gold (EQX) vs. Teck Resources (TECK), 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 Teck Resources (TECK). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Equinox Gold (EQX) and Teck Resources (TECK)
Metric	EQX	TECK
Total Return (1Y)	1.87%	55.90%
Total Return (3Y, Annualized)	37.49%	24.00%
Total Return (5Y, Annualized)	8.54%	20.13%

Risk Profile

Drawdown History

EQX

TECK

GSPC

Equinox Gold (EQX) vs. Teck Resources (TECK), 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 Teck Resources (TECK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Equinox Gold (EQX) and Teck Resources (TECK)
Metric	EQX	TECK
Volatility (1Y, Annualized)	63.25%	47.52%
Beta (5Y)	1.25	0.98
Max Drawdown (5Y)	-71.57%	-46.10%
Avg. Volume (3M)	12.60M	2.80M

Risk-Adjusted Performance

Risk-Return Positioning

EQX and TECK 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 Teck Resources (TECK)
Metric	EQX	TECK
Sharpe Ratio (1Y)	-0.04	1.09
Sortino Ratio (1Y)	-0.06	1.64

Profitability

ROE (TTM)

Both Equinox Gold (EQX) at 8.47% and Teck Resources (TECK) at 13.58% 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%

TECK

Materials industry group

13.58%

Max: 52.88%
Q3: 19.49%
TECK: 13.58%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

Equinox Gold (EQX) vs. Teck Resources (TECK): 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 Teck Resources (TECK) at 25.19% 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%

TECK

Materials industry group

25.19%

Max: 38.66%
TECK: 25.19%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Equinox Gold (EQX) vs. Teck Resources (TECK): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Equinox Gold (EQX) at 32.14% and Teck Resources (TECK) at 35.29% 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%

TECK

Materials industry group

35.29%

Max: 66.70%
TECK: 35.29%
Q3: 28.92%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

Equinox Gold (EQX) vs. Teck Resources (TECK): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Equinox Gold (EQX) and Teck Resources (TECK)
Metric	EQX	TECK
ROE (TTM)	8.47%	13.58%
ROA (TTM)	6.74%	7.39%
Net Margin (TTM)	28.09%	25.19%
Operating Margin (TTM)	32.14%	35.29%
Gross Margin (TTM)	57.60%	40.09%

Growth

Revenue Growth

Equinox Gold (EQX) at 99.07% clears its industry range for revenue growth, far stronger top-line momentum than Teck Resources (TECK) at 18.65%, which is closer to a typical peer reading.

Equinox Gold (EQX) vs. Teck Resources (TECK): A comparison of their Revenue Growth across different time periods.

EPS Growth

Teck Resources (TECK) at 262.82% 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 TECK.

Equinox Gold (EQX) vs. Teck Resources (TECK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Equinox Gold (EQX) and Teck Resources (TECK)
Metric	EQX	TECK
Revenue Growth (YoY)	99.07%	18.65%
Revenue Growth (3Y CAGR)	24.04%	-14.68%
EPS Growth (YoY)	-53.33%	262.82%
EPS Growth (3Y CAGR)	--	-22.96%

Financial Strength

Current Ratio (MRQ)

Teck Resources (TECK) at 2.80 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

TECK

Materials industry group

2.80

Max: 5.96
Q3: 3.30
TECK: 2.80
Median: 2.24
Q1: 1.45
Min: 0.16

Equinox Gold (EQX) vs. Teck Resources (TECK): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both Equinox Gold (EQX) at 0.13 and Teck Resources (TECK) at 0.32 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

TECK

Materials industry group

0.32

Max: 1.98
Q3: 0.89
Median: 0.47
TECK: 0.32
Q1: 0.13
Min: 0.00

Equinox Gold (EQX) vs. Teck Resources (TECK): 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 Teck Resources (TECK)
Metric	EQX	TECK
Current Ratio (MRQ)	1.33	2.80
Debt / Equity (MRQ)	0.13	0.32
Net Debt / EBITDA	0.21	0.40

Dividends

Dividend Yield (TTM)

Both Equinox Gold (EQX) at 0.27% and Teck Resources (TECK) at 0.83% 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%

TECK

Materials industry group

0.83%

Max: 4.52%
Q3: 1.85%
TECK: 0.83%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

Equinox Gold (EQX) vs. Teck Resources (TECK): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Both Equinox Gold (EQX) at 6.25% and Teck Resources (TECK) at 6.45% 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%

TECK

Materials industry group

6.45%

Max: 83.62%
Q3: 41.37%
Median: 9.54%
TECK: 6.45%
Q1: 0.00%
Min: 0.00%

Equinox Gold (EQX) vs. Teck Resources (TECK): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Equinox Gold (EQX) and Teck Resources (TECK)
Metric	EQX	TECK
Dividend Yield (TTM)	0.27%	0.83%
Dividend Payout Ratio (TTM)	6.25%	6.45%

Valuation

P/E Ratio (TTM)

Teck Resources (TECK) at 10.84 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 TECK, 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

TECK

Materials industry group

10.84

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
TECK: 10.84
Min: 3.93

Equinox Gold (EQX) vs. Teck Resources (TECK): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Teck Resources (TECK) at 1.96 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

TECK

Materials industry group

1.96

Max: 9.62
Q3: 4.34
TECK: 1.96
Median: 1.87
Q1: 0.73
Min: 0.00

Equinox Gold (EQX) vs. Teck Resources (TECK): 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 Teck Resources (TECK) at 1.43 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

TECK

Materials industry group

1.43

Max: 6.59
Q3: 3.55
Median: 2.08
TECK: 1.43
Q1: 1.26
Min: -0.17

Equinox Gold (EQX) vs. Teck Resources (TECK): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Equinox Gold (EQX) and Teck Resources (TECK)
Metric	EQX	TECK
P/E Ratio (TTM)	24.00	10.84
P/S Ratio (TTM)	4.64	1.96
P/B Ratio (MRQ)	1.43	1.43
Free Cash Flow Yield (TTM)	2.15%	7.82%