Acuitas Investments LLC cut its stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) by 46.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 373,172 shares of the company's stock after selling 326,176 shares during the period. Acuitas Investments LLC owned about 0.08% of Equinox Gold worth $1,873,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. Hobbs Group Advisors LLC acquired a new stake in Equinox Gold during the 3rd quarter worth approximately $43,000. Joel Isaacson & Co. LLC bought a new stake in shares of Equinox Gold in the third quarter worth $61,000. Veracity Capital LLC bought a new stake in shares of Equinox Gold in the third quarter worth $61,000. Synovus Financial Corp acquired a new stake in Equinox Gold in the third quarter valued at $61,000. Finally, Choreo LLC bought a new position in Equinox Gold during the 4th quarter worth $63,000. 38.85% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts have commented on EQX shares. TD Cowen began coverage on Equinox Gold in a research report on Tuesday, February 4th. They issued a "hold" rating and a $35.00 price target on the stock. TD Securities upgraded Equinox Gold to a "hold" rating in a report on Tuesday, February 4th.
Check Out Our Latest Report on EQX
Equinox Gold Price Performance
Shares of EQX stock traded down $0.34 on Friday, reaching $6.82. 8,585,650 shares of the company were exchanged, compared to its average volume of 7,642,393. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33. Equinox Gold Corp. has a one year low of $3.95 and a one year high of $7.22. The stock has a market capitalization of $3.11 billion, a PE ratio of 13.92 and a beta of 1.33.
Equinox Gold Profile
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Free Report)
Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada.
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