AngloGold Ashanti (AU) vs Equinox Gold (EQX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
AngloGold Ashanti (AU) has outperformed Equinox Gold (EQX) over the past year, gaining 17.2% versus a loss of 7.9%. Over five years, AU leads with a +383.1% price change compared with +40.6% for EQX. AngloGold Ashanti is the larger company by market cap ($47.47 billion vs $13.24 billion), about 3.6 times the size, while Equinox Gold is growing revenue faster (+99.1% vs +70.8%).
On valuation, Equinox Gold trades at a lower forward P/E (7.7x vs 9.4x for AngloGold Ashanti). AngloGold Ashanti offers the higher dividend yield (4.82% vs 0.26%). AngloGold Ashanti converts more of its revenue into profit, with a net margin of 32.1% versus 12.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AU | EQX |
|---|---|---|
| Share price | $93.85 | $11.35 |
| Market cap | $47.47B | $13.24B |
| 1-day change | +3.38% | +2.02% |
| YTD return | +6.45% | -20.80% |
| 1-year return | +17.15% | -7.87% |
| 5-year return | +383.13% | +40.58% |
| P/E ratio (TTM) | 12.58 | 23.64 |
| Forward P/E | 9.42 | 7.69 |
| EPS (TTM) | $7.46 | $0.48 |
| Dividend yield | 4.82% | 0.26% |
| Annual dividend | $4.52 | $0.03 |
| Revenue (latest FY) | $9.89B | $1.82B |
| Revenue growth (YoY) | +70.78% | +99.07% |
| Net income (latest FY) | $3.17B | $221.47M |
| Gross margin | 49.24% | 35.38% |
| Operating margin | — | 23.79% |
| Net margin | 32.08% | 12.19% |
| 52-week high | $129.14 | $18.96 |
| 52-week low | $62.55 | $8.49 |
| Distance from 52-week high | -27.33% | -40.16% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +25.20% | +23.40% |
| Average volume | 2.59M | 13.48M |
| Shares outstanding | 505.77M | 1.17B |
| Employees | 38,000 | — |
| Sector | Basic Materials | Basic Materials |
| Industry | Precious Metals | Precious Metals |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AngloGold Ashanti is about 3.6 times larger than Equinox Gold by market value ($47.47B vs $13.24B).
- AU has outperformed EQX by 25.0 percentage points over the past year.
- Equinox Gold trades at a higher earnings multiple (23.6x vs 12.6x trailing P/E).
- AngloGold Ashanti offers a meaningfully higher dividend yield (4.82% vs 0.26%).
- AngloGold Ashanti is more profitable, keeping 32.1 cents of every revenue dollar as net income versus 12.2 cents for Equinox Gold.
- Equinox Gold grew revenue faster in its latest fiscal year (+99.07% vs +70.78%).
About AngloGold Ashanti
AU stock →AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. It explores for gold, as well as by-products, including silver and sulphuric acid.
Basic Materials · Precious Metals · 38,000 employees
About Equinox Gold
EQX stock →Equinox Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in the Americas.
Basic Materials · Precious Metals
AU vs EQX FAQ
Which is bigger, AngloGold Ashanti or Equinox Gold?
AngloGold Ashanti (AU) is larger, with a market capitalization of $47.47B compared with $13.24B for Equinox Gold (EQX).
Which stock has performed better over the past year, AU or EQX?
AU returned +17.15% over the past 12 months, compared with -7.87% for EQX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AU or EQX?
AU has the lower trailing P/E at 12.6, versus 23.6 for EQX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AngloGold Ashanti or Equinox Gold?
AngloGold Ashanti has the higher yield at 4.82%, compared with 0.26% for Equinox Gold.
Are AngloGold Ashanti and Equinox Gold in the same industry?
Yes. Both are classified in the Precious Metals industry within the Basic Materials sector.