vs

Side-by-side financial comparison of Equinox Gold Corp. (EQX) and Comstock Inc. (LODE). Click either name above to swap in a different company.

Equinox Gold Corp. is the larger business by last-quarter revenue ($575.0K vs $374.4K, roughly 1.5× Comstock Inc.). Equinox Gold Corp. runs the higher net margin — 4.9% vs -3568.2%, a 3573.1% 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 ...

The Comstock Lode is a lode of silver ore located under the eastern slope of Mount Davidson, a peak in the Virginia Range in Virginia City, Nevada, which was the first major discovery of silver ore in the United States and named after Canadian miner Henry Comstock.

EQX vs LODE — Head-to-Head

Bigger by revenue
EQX
EQX
1.5× larger
EQX
$575.0K
$374.4K
LODE
Higher net margin
EQX
EQX
3573.1% more per $
EQX
4.9%
-3568.2%
LODE

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
EQX
EQX
LODE
LODE
Revenue
$575.0K
$374.4K
Net Profit
$28.3K
$-13.4M
Gross Margin
-60.7%
Operating Margin
-3533.6%
Net Margin
4.9%
-3568.2%
Revenue YoY
-76.6%
Net Profit YoY
41.5%
EPS (diluted)
$0.17

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
LODE
LODE
Q4 25
$374.4K
Q2 25
$339.5K
Q1 25
$785.8K
Q4 24
$575.0K
$1.6M
Q3 24
$556.4K
Q2 24
$434.8K
Q1 24
$426.0K
Q4 23
$447.7K
Net Profit
EQX
EQX
LODE
LODE
Q4 25
$-13.4M
Q2 25
$-7.8M
Q1 25
$-9.1M
Q4 24
$28.3K
$-22.8M
Q3 24
$-15.0M
Q2 24
$-8.6M
Q1 24
$-6.9M
Q4 23
$8.0M
Gross Margin
EQX
EQX
LODE
LODE
Q4 25
-60.7%
Q2 25
-139.7%
Q1 25
-12.9%
Q4 24
71.7%
Q3 24
Q2 24
Q1 24
Q4 23
Operating Margin
EQX
EQX
LODE
LODE
Q4 25
-3533.6%
Q2 25
-2258.0%
Q1 25
-895.7%
Q4 24
-990.6%
Q3 24
-2447.0%
Q2 24
-1279.4%
Q1 24
-1091.6%
Q4 23
-954.0%
Net Margin
EQX
EQX
LODE
LODE
Q4 25
-3568.2%
Q2 25
-2305.1%
Q1 25
-1157.3%
Q4 24
4.9%
-1428.2%
Q3 24
-2690.2%
Q2 24
-1985.5%
Q1 24
-1620.2%
Q4 23
1780.7%
EPS (diluted)
EQX
EQX
LODE
LODE
Q4 25
Q2 25
Q1 25
Q4 24
$0.17
Q3 24
$-0.08
Q2 24
Q1 24
$-0.06
Q4 23
$0.87

Balance Sheet & Financial Strength

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

Metric
EQX
EQX
LODE
LODE
Cash + ST InvestmentsLiquidity on hand
$17.0M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$107.6M
Total Assets
$169.6M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQX
EQX
LODE
LODE
Q4 25
$17.0M
Q2 25
$18.6M
Q1 25
$3.9M
Q4 24
$954.3K
Q3 24
$20.3M
Q2 24
$19.0M
Q1 24
$19.4M
Q4 23
$22.7M
Total Debt
EQX
EQX
LODE
LODE
Q4 25
$0
Q2 25
$10.2M
Q1 25
$13.9M
Q4 24
$8.5M
Q3 24
$11.2M
Q2 24
$10.0M
Q1 24
$10.9M
Q4 23
$9.9M
Stockholders' Equity
EQX
EQX
LODE
LODE
Q4 25
$107.6M
Q2 25
$88.6M
Q1 25
$59.5M
Q4 24
$59.8M
Q3 24
$68.0M
Q2 24
$74.9M
Q1 24
$73.8M
Q4 23
$78.3M
Total Assets
EQX
EQX
LODE
LODE
Q4 25
$169.6M
Q2 25
$148.2M
Q1 25
$111.3M
Q4 24
$91.3M
Q3 24
$103.7M
Q2 24
$91.3M
Q1 24
$91.3M
Q4 23
$106.5M
Debt / Equity
EQX
EQX
LODE
LODE
Q4 25
0.00×
Q2 25
0.11×
Q1 25
0.23×
Q4 24
0.14×
Q3 24
0.17×
Q2 24
0.13×
Q1 24
0.15×
Q4 23
0.13×

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
LODE
LODE
Operating Cash FlowLast quarter
$-5.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQX
EQX
LODE
LODE
Q4 25
$-5.9M
Q2 25
$-4.8M
Q1 25
$-5.0M
Q4 24
$-4.3M
Q3 24
$-3.8M
Q2 24
$-2.0M
Q1 24
$-3.8M
Q4 23
$-2.4M
Free Cash Flow
EQX
EQX
LODE
LODE
Q4 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$-4.2M
Q4 23
$-2.7M
FCF Margin
EQX
EQX
LODE
LODE
Q4 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-982.9%
Q4 23
-613.1%
Capex Intensity
EQX
EQX
LODE
LODE
Q4 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
83.6%
Q4 23
67.8%
Cash Conversion
EQX
EQX
LODE
LODE
Q4 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
-0.31×

Financial Flow Comparison

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

Related Comparisons