WallStSmart

Equinox Gold Corp (EQX)vsMP Materials Corp (MP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Equinox Gold Corp generates 596% more annual revenue ($2.90B vs $416.25M). EQX leads profitability with a 28.1% profit margin vs -14.6%. EQX earns a higher WallStSmart Score of 68/100 (B-).

EQX

Strong Buy

68

out of 100

Grade: B-

Growth: 10.0Profit: 8.0Value: 7.0Quality: 5.5
Piotroski: 3/9Altman Z: 1.20

MP

Avoid

30

out of 100

Grade: F

Growth: 4.7Profit: 2.0Value: 4.0Quality: 7.5
Piotroski: 4/9Altman Z: 1.51
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EQXUndervalued (+49.5%)

Margin of Safety

+49.5%

Fair Value

$25.44

Current Price

$12.40

$13.04 discount

UndervaluedFair: $25.44Overvalued
MPSignificantly Overvalued (-22.9%)

Margin of Safety

-22.9%

Fair Value

$44.19

Current Price

$50.72

$6.53 premium

UndervaluedFair: $44.19Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EQX6 strengths · Avg: 9.5/10
Operating MarginProfitability
32.1%10/10

Strong operational efficiency at 32.1%

Revenue GrowthGrowth
169.3%10/10

Revenue surging 169.3% year-over-year

EPS GrowthGrowth
451.7%10/10

Earnings expanding 451.7% YoY

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Profit MarginProfitability
28.1%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
1.5x8/10

Reasonable price relative to book value

MP1 strengths · Avg: 10.0/10
Revenue GrowthGrowth
119.7%10/10

Revenue surging 119.7% year-over-year

Areas to Watch

EQX3 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Free Cash FlowQuality
$-1.34M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
1.202/10

Distress zone — elevated risk

MP4 concerns · Avg: 2.5/10
Altman Z-ScoreHealth
1.514/10

Distress zone — elevated risk

Return on EquityProfitability
-3.0%2/10

ROE of -3.0% — below average capital efficiency

EPS GrowthGrowth
-55.6%2/10

Earnings declined 55.6%

Free Cash FlowQuality
$-223.49M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : EQX

The strongest argument for EQX centers on Operating Margin, Revenue Growth, EPS Growth. Profitability is solid with margins at 28.1% and operating margin at 32.1%. Revenue growth of 169.3% demonstrates continued momentum.

Bull Case : MP

The strongest argument for MP centers on Revenue Growth. Revenue growth of 119.7% demonstrates continued momentum.

Bear Case : EQX

The primary concerns for EQX are Piotroski F-Score, Free Cash Flow, Altman Z-Score.

Bear Case : MP

The primary concerns for MP are Altman Z-Score, Return on Equity, EPS Growth.

Key Dynamics to Monitor

EQX profiles as a growth stock while MP is a hypergrowth play — different risk/reward profiles.

EQX carries more volatility with a beta of 2.49 — expect wider price swings.

EQX is growing revenue faster at 169.3% — sustainability is the question.

EQX generates stronger free cash flow (-1M), providing more financial flexibility.

Bottom Line

EQX scores higher overall (68/100 vs 30/100), backed by strong 28.1% margins and 169.3% revenue growth. Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Equinox Gold Corp

BASIC MATERIALS · GOLD · USA

Equinox Gold Corp. The company is headquartered in Vancouver, Canada.

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MP Materials Corp

BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING · USA

MP Materials Corp. The company is headquartered in Las Vegas, Nevada.

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