EQX vs MP

Comparison between Equinox Gold Corp (EQX, Company) and MP Materials Corporation (MP, Company).

Both EQX and MP are from the Basic Materials sector.

5-Year PerformanceEQX has outperformed MP, delivering a return of +13.5% compared to +7.7%

EQX vs MP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EQX(COMPANY)	MP(COMPANY)
Market Cap	$8.52B	$8.51B
Max Drawdown	81.06%	81.99%
Sharpe Ratio	1.16	-0.03
5Y Beta	0.88	1.34
Industry	Gold	Other Industrial Metals & Mining
P/E Ratio	12.34	-115.08
Forward P/E	10.50	500.00
PEG Ratio	2.57	N/A
Dividend Yield	0.28%	N/A
5Y EPS CAGR	64.99%	-2.75%
Debt to Equity	10.04%	50.86%
Free Cash Flow Yield	0.79%	-3.72%
P/S Ratio	4.99	24.54
P/B Ratio	1.15	3.74

Market Cap

Winner

EQX

$8.52B

$8.51B

Max Drawdown

Winner

EQX

81.06%

81.99%

Sharpe Ratio

Winner

EQX

1.16

-0.03

5Y Beta

Winner

EQX

0.88

1.34

Industry

EQX

Gold

Other Industrial Metals & Mining

P/E Ratio

EQX

12.34

Winner

-115.08

Forward P/E

Winner

EQX

10.50

500.00

PEG Ratio

EQX

2.57

N/A

Dividend Yield

EQX

0.28%

N/A

5Y EPS CAGR

Winner

EQX

64.99%

-2.75%

Debt to Equity

Winner

EQX

10.04%

50.86%

Free Cash Flow Yield

Winner

EQX

0.79%

-3.72%

P/S Ratio

Winner

EQX

4.99

24.54

P/B Ratio

Winner

EQX

1.15

3.74

EQX vs MP - Historical Returns

Returns include dividend reinvestment.

Period	EQX	MP
1 month	+18.75%	+4.69%
3 months	-21.91%	-18.91%
6 months	-26.72%	-12.32%
1 year	+74.66%	-24.80%
5 years(CAGR)	+13.53%	+7.68%
10 years(CAGR)	+13.27%	N/A
Max(CAGR)	+13.27%	+31.91%

Winner

EQX

+18.75%

+4.69%

EQX

-21.91%

Winner

-18.91%

EQX

-26.72%

Winner

-12.32%

Winner

EQX

+74.66%

-24.80%

5Y(CAGR)

Winner

EQX

+13.53%

+7.68%

10Y(CAGR)

EQX

+13.27%

N/A

Max(CAGR)

EQX

+13.27%

Winner

+31.91%

EQX vs MP - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	EQX	MP
2026	-15.22%	-0.56%
2025	+164.41%	+208.24%
2024	+6.81%	-20.65%
2023	+36.59%	-17.77%
2022	-50.75%	-49.05%
2021	-39.10%	+55.87%
2020	+31.89%	+221.70%
2019	+109.52%	N/A
2018	-12.75%	N/A

EQX vs MP Drawdown Comparison

The maximum drawdown for EQX was -81.06%, occurring on Nov 3, 2022. Recovery took 1326 trading sessions.

The maximum drawdown for MP was -81.99%, occurring on Aug 7, 2024. Recovery took 822 trading sessions.

The current EQX drawdown is -38.09%. The current MP drawdown is -44.59%.

Rank	EQX	MP
#1	-81.06% Aug 18, 2020 - Nov 26, 2025	-81.99% Apr 4, 2022 - Jul 16, 2025
#2	-53.95% Feb 27, 2026 - Jul 17, 2026	-61.38% Oct 14, 2025 - Jul 29, 2026
#3	-42.99% Feb 21, 2020 - Jun 1, 2020	-50.22% Mar 2, 2021 - Jan 4, 2022
#4	-27.76% Aug 7, 2018 - Mar 8, 2019	-33.04% Jan 4, 2022 - Mar 24, 2022
#5	-25.49% Mar 25, 2019 - Jun 20, 2019	-27.77% Sep 15, 2020 - Nov 19, 2020
#6	-19.74% Jan 28, 2026 - Feb 23, 2026	-25.55% Dec 22, 2020 - Feb 16, 2021
#7	-19.19% Aug 26, 2019 - Dec 18, 2019	-22.98% Jul 22, 2020 - Sep 4, 2020
#8	-16.64% Jun 20, 2019 - Aug 5, 2019	-18.46% Aug 14, 2025 - Sep 25, 2025
#9	-9.18% Jan 15, 2020 - Feb 14, 2020	-15.60% Feb 19, 2021 - Feb 25, 2021
#10	-8.77% Aug 5, 2019 - Aug 20, 2019	-13.04% Sep 25, 2025 - Oct 10, 2025
#11	-8.05% Dec 22, 2025 - Jan 20, 2026	-9.18% Dec 7, 2020 - Dec 16, 2020
#12	-6.89% Jun 1, 2020 - Jun 8, 2020	-7.81% Nov 25, 2020 - Dec 4, 2020
#13	-6.49% Aug 6, 2020 - Aug 17, 2020	-7.65% Sep 4, 2020 - Sep 15, 2020
#14	-6.39% Dec 12, 2025 - Dec 22, 2025	-7.52% Feb 25, 2021 - Mar 1, 2021
#15	-5.42% Jul 9, 2020 - Jul 22, 2020	-6.66% Jul 18, 2025 - Jul 28, 2025