MP vs EQX

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

Both MP and EQX are from the Basic Materials sector.

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

MP vs EQX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

$8.51B

Winner

EQX

$8.52B

Max Drawdown

81.99%

Winner

EQX

81.06%

Sharpe Ratio

-0.03

Winner

EQX

1.16

5Y Beta

1.34

Winner

EQX

0.88

Industry

Other Industrial Metals & Mining

EQX

Gold

P/E Ratio

Winner

-115.08

EQX

12.34

Forward P/E

500.00

Winner

EQX

10.50

PEG Ratio

N/A

EQX

2.57

Dividend Yield

N/A

EQX

0.28%

5Y EPS CAGR

-2.75%

Winner

EQX

64.99%

Debt to Equity

50.86%

Winner

EQX

10.04%

Free Cash Flow Yield

-3.72%

Winner

EQX

0.79%

P/S Ratio

24.54

Winner

EQX

4.99

P/B Ratio

3.74

Winner

EQX

1.15

MP vs EQX - Historical Returns

Returns include dividend reinvestment.

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

+4.69%

Winner

EQX

+18.75%

Winner

-18.91%

EQX

-21.91%

Winner

-12.32%

EQX

-26.72%

-24.80%

Winner

EQX

+74.66%

5Y(CAGR)

+7.68%

Winner

EQX

+13.53%

10Y(CAGR)

N/A

EQX

+13.27%

Max(CAGR)

Winner

+31.91%

EQX

+13.27%

MP vs EQX - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

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

MP vs EQX Drawdown Comparison

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

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

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

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