Equinox Gold (EQX) vs Iamgold (IAG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Iamgold (IAG) has outperformed Equinox Gold (EQX) over the past year, gaining 38.3% versus a loss of 4.6%. Over five years, IAG leads with a +558.0% price change compared with +38.4% for EQX. Equinox Gold is the larger company by market cap ($12.78 billion vs $10.30 billion), about 1.2 times the size.
On valuation, Equinox Gold trades at a lower forward P/E (7.4x vs 7.6x for Iamgold). Equinox Gold pays a dividend yielding 0.27%, while Iamgold does not currently pay one. Iamgold converts more of its revenue into profit, with a net margin of 25.7% 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 | EQX | IAG |
|---|---|---|
| Share price | $10.95 | $18.03 |
| Market cap | $12.78B | $10.30B |
| 1-day change | -3.78% | -2.80% |
| YTD return | -22.01% | +9.34% |
| 1-year return | -4.62% | +38.27% |
| 5-year return | +38.43% | +558.03% |
| P/E ratio (TTM) | 23.80 | 9.11 |
| Forward P/E | 7.42 | 7.60 |
| EPS (TTM) | $0.46 | $1.98 |
| Dividend yield | 0.27% | 0.00% |
| Annual dividend | $0.03 | $0.00 |
| Revenue (latest FY) | $1.82B | $2.85B |
| Revenue growth (YoY) | +99.07% | +74.70% |
| Net income (latest FY) | $221.47M | $732.30M |
| Gross margin | 35.38% | 42.28% |
| Operating margin | 23.79% | 38.33% |
| Net margin | 12.19% | 25.67% |
| 52-week high | $18.96 | $24.87 |
| 52-week low | $8.49 | $10.87 |
| Distance from 52-week high | -42.25% | -27.50% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +27.85% | +34.94% |
| Average volume | 13.58M | 5.41M |
| Shares outstanding | 1.17B | 571.00M |
| Employees | — | 3,800 |
| 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
- IAG has outperformed EQX by 42.9 percentage points over the past year.
- Equinox Gold trades at a higher earnings multiple (23.8x vs 9.1x trailing P/E).
- Iamgold is more profitable, keeping 25.7 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 +74.70%).
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
About Iamgold
IAG stock →IAMGOLD Corporation, through its subsidiaries, operates as a gold producer and developer in Canada and Burkina Faso. The company's flagship project includes Côté Gold that covers an area of 596 hectares located in the Chester and Yeo Townships, district of sudbury, in northeastern Ontario.
Basic Materials · Precious Metals · 3,800 employees
EQX vs IAG FAQ
Which is bigger, Equinox Gold or Iamgold?
Equinox Gold (EQX) is larger, with a market capitalization of $12.78B compared with $10.30B for Iamgold (IAG).
Which stock has performed better over the past year, EQX or IAG?
IAG returned +38.27% over the past 12 months, compared with -4.62% for EQX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EQX or IAG?
IAG has the lower trailing P/E at 9.1, versus 23.8 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, Equinox Gold or Iamgold?
Equinox Gold pays a dividend yielding 0.27%, while Iamgold does not currently pay a regular dividend.
Are Equinox Gold and Iamgold in the same industry?
Yes. Both are classified in the Precious Metals industry within the Basic Materials sector.