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EQX vs. VALE: Equinox Gold vs. Vale Stock Comparison

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

Equinox Gold (EQX) trades as ordinary local shares, while Vale (VALE) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Equinox Gold (EQX) and Vale (VALE)
Profile ItemEQXVALE
NameEquinox Gold Corp.Vale S.A. American Depositary Shares
Country/RegionCanadaBrazil
GICS SectorMaterialsMaterials
GICS Industry GroupMaterialsMaterials
GICS IndustryMetals & MiningMetals & Mining
GICS Sub-IndustryGoldSteel
Market Capitalization13.45 billion USD49.32 billion USD
CurrencyUSDUSD
ExchangeNYSE AmericanNYSE
Listing DateJanuary 2, 2019March 21, 2002
Security TypeCommon StockADR

Price Performance

Cumulative Growth

EQX
VALE
GSPC
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Equinox Gold (EQX) vs. Vale (VALE), 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 Vale (VALE). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Equinox Gold (EQX) and Vale (VALE)
MetricEQXVALE
Total Return (1Y)1.87%6.20%
Total Return (3Y, Annualized)37.49%3.12%
Total Return (5Y, Annualized)8.54%8.31%

Risk Profile

Drawdown History

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

Risk Metrics

Risk profile metrics for Equinox Gold (EQX) and Vale (VALE)
MetricEQXVALE
Volatility (1Y, Annualized)63.25%33.88%
Beta (5Y)1.250.48
Max Drawdown (5Y)-71.57%-49.81%
Avg. Volume (3M)12.60M32.62M

Risk-Adjusted Performance

Risk-Return Positioning

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EQX and VALE 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 Vale (VALE)
MetricEQXVALE
Sharpe Ratio (1Y)-0.040.06
Sortino Ratio (1Y)-0.060.08

Profitability

ROE (TTM)

Both Equinox Gold (EQX) at 8.47% and Vale (VALE) at 0.26% 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%

VALE

Materials industry group

0.26%

Max
52.88%
Q3
19.49%
Median
8.76%
VALE
0.26%
Q1
-3.41%
Min
-32.81%
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Equinox Gold (EQX) vs. Vale (VALE): 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 Vale (VALE) at 1.01%, 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%

VALE

Materials industry group

1.01%

Max
38.66%
Q3
15.98%
Median
5.28%
VALE
1.01%
Q1
0.00%
Min
-20.40%
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Equinox Gold (EQX) vs. Vale (VALE): 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 Vale (VALE) at 19.31%, 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%

VALE

Materials industry group

19.31%

Max
66.70%
Q3
28.92%
VALE
19.31%
Median
12.56%
Q1
3.28%
Min
-14.07%
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Equinox Gold (EQX) vs. Vale (VALE): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Equinox Gold (EQX) and Vale (VALE)
MetricEQXVALE
ROE (TTM)8.47%0.26%
ROA (TTM)6.74%6.97%
Net Margin (TTM)28.09%1.01%
Operating Margin (TTM)32.14%19.31%
Gross Margin (TTM)57.60%32.06%

Growth

Revenue Growth

Equinox Gold (EQX) at 99.07% clears its industry range for revenue growth, far stronger top-line momentum than Vale (VALE) at 0.91%, which is closer to a typical peer reading.

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

EPS Growth

Both Equinox Gold (EQX) at -53.33% and Vale (VALE) at -61.81% 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. Vale (VALE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Equinox Gold (EQX) and Vale (VALE)
MetricEQXVALE
Revenue Growth (YoY)99.07%0.91%
Revenue Growth (3Y CAGR)24.04%-4.32%
EPS Growth (YoY)-53.33%-61.81%
EPS Growth (3Y CAGR)---48.60%

Financial Strength

Current Ratio (MRQ)

Both Equinox Gold (EQX) at 1.33 and Vale (VALE) at 1.10 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

EQX

Materials industry group

1.33

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

VALE

Materials industry group

1.10

Max
5.96
Q3
3.30
Median
2.24
Q1
1.45
VALE
1.10
Min
0.16
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Equinox Gold (EQX) vs. Vale (VALE): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both Equinox Gold (EQX) at 0.13 and Vale (VALE) at 0.55 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

VALE

Materials industry group

0.55

Max
1.98
Q3
0.89
VALE
0.55
Median
0.47
Q1
0.13
Min
0.00
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Equinox Gold (EQX) vs. Vale (VALE): 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 Vale (VALE)
MetricEQXVALE
Current Ratio (MRQ)1.331.10
Debt / Equity (MRQ)0.130.55
Net Debt / EBITDA0.211.20

Dividends

Dividend Yield (TTM)

Equinox Gold (EQX) at 0.27% pays an industry-typical yield; Vale (VALE) at 49.02% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

EQX

Materials industry group

0.27%

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

VALE

Materials industry group

49.02%

VALE
49.02%
Max
4.52%
Q3
1.85%
Median
0.38%
Q1
0.00%
Min
0.00%
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Equinox Gold (EQX) vs. Vale (VALE): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

Vale (VALE) reports payout ratio above 100% at 526.96%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Equinox Gold (EQX) reports 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%

VALE

Materials industry group

526.96%

VALE
526.96%
Max
83.62%
Q3
41.37%
Median
9.54%
Q1
0.00%
Min
0.00%
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Equinox Gold (EQX) vs. Vale (VALE): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Equinox Gold (EQX) and Vale (VALE)
MetricEQXVALE
Dividend Yield (TTM)0.27%49.02%
Dividend Payout Ratio (TTM)6.25%526.96%

Valuation

P/E Ratio (TTM)

Equinox Gold (EQX) at 24.00 is near its industry’s usual P/E ratio, while Vale (VALE) at 72.44 sits above its peer range — an unusually expensive price for VALE’s trailing earnings.

EQX

Materials industry group

24.00

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

VALE

Materials industry group

72.44

VALE
72.44
Max
59.00
Q3
32.93
Median
18.82
Q1
11.96
Min
3.93
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Equinox Gold (EQX) vs. Vale (VALE): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

Vale (VALE) at 0.23 looks cheap on sales in the lower P/S ratio quartile, while Equinox Gold (EQX) at 4.64 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

EQX

Materials industry group

4.64

Max
9.62
EQX
4.64
Q3
4.34
Median
1.87
Q1
0.73
Min
0.00

VALE

Materials industry group

0.23

Max
9.62
Q3
4.34
Median
1.87
Q1
0.73
VALE
0.23
Min
0.00
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Equinox Gold (EQX) vs. Vale (VALE): 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 Vale (VALE) at 1.27 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

VALE

Materials industry group

1.27

Max
6.59
Q3
3.55
Median
2.08
VALE
1.27
Q1
1.26
Min
-0.17
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Equinox Gold (EQX) vs. Vale (VALE): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Equinox Gold (EQX) and Vale (VALE)
MetricEQXVALE
P/E Ratio (TTM)24.0072.44
P/S Ratio (TTM)4.640.23
P/B Ratio (MRQ)1.431.27
Free Cash Flow Yield (TTM)2.15%17.51%