WallStSmart

Equinox Gold Corp (EQX)vsTeck Resources Ltd Class B (TECK)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Teck Resources Ltd Class B generates 414% more annual revenue ($12.41B vs $2.41B). EQX leads profitability with a 25.2% profit margin vs 14.9%. TECK trades at a lower P/E of 25.9x. TECK earns a higher WallStSmart Score of 73/100 (B).

EQX

Strong Buy

72

out of 100

Grade: B

Growth: 10.0Profit: 8.0Value: 7.0Quality: 5.5
Piotroski: 3/9Altman Z: 1.24

TECK

Strong Buy

73

out of 100

Grade: B

Growth: 7.3Profit: 6.0Value: 4.3Quality: 7.5
Piotroski: 6/9Altman Z: 1.94
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

EQXUndervalued (+67.7%)

Margin of Safety

+67.7%

Fair Value

$32.66

Current Price

$10.79

$21.87 discount

UndervaluedFair: $32.66Overvalued

Intrinsic value data unavailable for TECK.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

EQX6 strengths · Avg: 9.7/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
45.3%10/10

Strong operational efficiency at 45.3%

Revenue GrowthGrowth
224.3%10/10

Revenue surging 224.3% year-over-year

EPS GrowthGrowth
15682.0%10/10

Earnings expanding 15682.0% YoY

Profit MarginProfitability
25.2%9/10

Keeps 25 of every $100 in revenue as profit

Debt/EquityHealth
0.109/10

Conservative balance sheet, low leverage

TECK4 strengths · Avg: 9.5/10
Operating MarginProfitability
39.8%10/10

Strong operational efficiency at 39.8%

Revenue GrowthGrowth
72.2%10/10

Revenue surging 72.2% year-over-year

EPS GrowthGrowth
128.8%10/10

Earnings expanding 128.8% YoY

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

Areas to Watch

EQX3 concerns · Avg: 3.0/10
P/E RatioValuation
28.5x4/10

Moderate valuation

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Altman Z-ScoreHealth
1.242/10

Distress zone — elevated risk

TECK4 concerns · Avg: 3.3/10
P/E RatioValuation
25.9x4/10

Moderate valuation

Altman Z-ScoreHealth
1.944/10

Grey zone — moderate risk

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

PEG RatioValuation
4.932/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : EQX

The strongest argument for EQX centers on Price/Book, Operating Margin, Revenue Growth. Profitability is solid with margins at 25.2% and operating margin at 45.3%. Revenue growth of 224.3% demonstrates continued momentum.

Bull Case : TECK

The strongest argument for TECK centers on Operating Margin, Revenue Growth, EPS Growth. Revenue growth of 72.2% demonstrates continued momentum.

Bear Case : EQX

The primary concerns for EQX are P/E Ratio, Piotroski F-Score, Altman Z-Score.

Bear Case : TECK

The primary concerns for TECK are P/E Ratio, Altman Z-Score, Return on Equity.

Key Dynamics to Monitor

EQX carries more volatility with a beta of 2.33 — expect wider price swings.

EQX is growing revenue faster at 224.3% — sustainability is the question.

TECK generates stronger free cash flow (344M), providing more financial flexibility.

Monitor GOLD industry trends, competitive dynamics, and regulatory changes.

Bottom Line

TECK scores higher overall (73/100 vs 72/100) and 72.2% revenue growth. EQX offers better value entry with a 67.7% margin of safety. Both earn "Strong Buy" and "Strong Buy" 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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Teck Resources Ltd Class B

BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING · USA

Teck Resources Limited is dedicated to exploring, acquiring, developing and producing natural resources in Asia, Europe and North America. The company is headquartered in Vancouver, Canada.

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