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Side-by-side financial comparison of Equinox Gold Corp. (EQX) and GOLD RESOURCE CORP (GORO). Click either name above to swap in a different company.

GOLD RESOURCE CORP is the larger business by last-quarter revenue ($51.3M vs $575.0K, roughly 89.2× Equinox Gold Corp.). GOLD RESOURCE CORP runs the higher net margin — 35.1% vs 4.9%, a 30.2% gap on every dollar of revenue.

Barrick Mining Corporation is a mining company that produces gold and copper. It has mining operations and projects in Argentina, Canada, Chile, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Jamaica, Mali, Pakistan, Papua New Guinea, Peru, Saudi Arabia, Senegal, Tanzania, the United States and Zambia. In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound. As of ...

Gold Springs Resource Corp is a Canadian company that is pursuing the development of the Gold Springs gold-silver mine on the border of Utah and Nevada in the United States. Headquartered in Vancouver, the company is listed on the Toronto Stock Exchange in Canada and the OTCQX market exchange in the US. The company was founded in 2006 as the South American Silver Corporation, an equity carve-out of the General Minerals Corporation, to pursue exploration and development of the Malku Khota and ...

EQX vs GORO — Head-to-Head

Bigger by revenue
GORO
GORO
89.2× larger
GORO
$51.3M
$575.0K
EQX
Higher net margin
GORO
GORO
30.2% more per $
GORO
35.1%
4.9%
EQX

Income Statement — Q4 2024 vs Q4 2025

Metric
EQX
EQX
GORO
GORO
Revenue
$575.0K
$51.3M
Net Profit
$28.3K
$18.0M
Gross Margin
51.5%
Operating Margin
38.9%
Net Margin
4.9%
35.1%
Revenue YoY
295.5%
Net Profit YoY
261.6%
EPS (diluted)
$0.17
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQX
EQX
GORO
GORO
Q4 25
$51.3M
Q3 25
$24.9M
Q2 25
$11.2M
Q1 25
$12.4M
Q4 24
$575.0K
$13.0M
Q3 24
$13.3M
Q2 24
$20.8M
Q1 24
$18.7M
Net Profit
EQX
EQX
GORO
GORO
Q4 25
$18.0M
Q3 25
$-4.7M
Q2 25
$-11.5M
Q1 25
$-8.3M
Q4 24
$28.3K
$-11.1M
Q3 24
$-12.7M
Q2 24
$-27.0M
Q1 24
$-5.7M
Gross Margin
EQX
EQX
GORO
GORO
Q4 25
51.5%
Q3 25
25.0%
Q2 25
-39.4%
Q1 25
-11.8%
Q4 24
-46.7%
Q3 24
-65.3%
Q2 24
-17.3%
Q1 24
-11.6%
Operating Margin
EQX
EQX
GORO
GORO
Q4 25
38.9%
Q3 25
-14.9%
Q2 25
-102.4%
Q1 25
-63.1%
Q4 24
-96.9%
Q3 24
-122.7%
Q2 24
-52.1%
Q1 24
-40.4%
Net Margin
EQX
EQX
GORO
GORO
Q4 25
35.1%
Q3 25
-18.7%
Q2 25
-102.3%
Q1 25
-67.3%
Q4 24
4.9%
-85.9%
Q3 24
-95.5%
Q2 24
-129.9%
Q1 24
-30.4%
EPS (diluted)
EQX
EQX
GORO
GORO
Q4 25
$0.14
Q3 25
$-0.03
Q2 25
$-0.09
Q1 25
$-0.07
Q4 24
$0.17
$-0.11
Q3 24
$-0.14
Q2 24
$-0.30
Q1 24
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQX
EQX
GORO
GORO
Cash + ST InvestmentsLiquidity on hand
$25.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$44.0M
Total Assets
$184.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQX
EQX
GORO
GORO
Q4 25
$25.0M
Q3 25
$9.8M
Q2 25
$12.7M
Q1 25
$4.9M
Q4 24
$1.6M
Q3 24
$1.4M
Q2 24
$5.3M
Q1 24
$5.7M
Stockholders' Equity
EQX
EQX
GORO
GORO
Q4 25
$44.0M
Q3 25
$26.0M
Q2 25
$19.2M
Q1 25
$24.6M
Q4 24
$27.3M
Q3 24
$37.9M
Q2 24
$49.8M
Q1 24
$74.9M
Total Assets
EQX
EQX
GORO
GORO
Q4 25
$184.1M
Q3 25
$164.3M
Q2 25
$155.1M
Q1 25
$147.7M
Q4 24
$145.9M
Q3 24
$154.5M
Q2 24
$161.5M
Q1 24
$182.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQX
EQX
GORO
GORO
Operating Cash FlowLast quarter
$24.2M
Free Cash FlowOCF − Capex
$15.3M
FCF MarginFCF / Revenue
29.8%
Capex IntensityCapex / Revenue
17.3%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$644.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQX
EQX
GORO
GORO
Q4 25
$24.2M
Q3 25
$-325.0K
Q2 25
$-1.3M
Q1 25
$-828.0K
Q4 24
$1.3M
Q3 24
$-3.4M
Q2 24
$-63.0K
Q1 24
$1.5M
Free Cash Flow
EQX
EQX
GORO
GORO
Q4 25
$15.3M
Q3 25
$-7.8M
Q2 25
$-3.8M
Q1 25
$-3.0M
Q4 24
$58.0K
Q3 24
$-5.7M
Q2 24
$-2.1M
Q1 24
$-512.0K
FCF Margin
EQX
EQX
GORO
GORO
Q4 25
29.8%
Q3 25
-31.3%
Q2 25
-34.2%
Q1 25
-24.4%
Q4 24
0.4%
Q3 24
-43.1%
Q2 24
-10.0%
Q1 24
-2.7%
Capex Intensity
EQX
EQX
GORO
GORO
Q4 25
17.3%
Q3 25
30.0%
Q2 25
22.6%
Q1 25
17.7%
Q4 24
9.8%
Q3 24
17.7%
Q2 24
9.7%
Q1 24
10.7%
Cash Conversion
EQX
EQX
GORO
GORO
Q4 25
1.34×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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