What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Shares of Equinox Gold (AMEX:EQX) saw some unusual options activity on Wednesday. Following the unusual option alert, the stock price moved up to $6.31.