Euro Pacific Asset Management LLC Has $10.75 Million Stake in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Euro Pacific Asset Management LLC decreased its stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) by 22.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,135,110 shares of the company's stock after selling 624,880 shares during the period. Equinox Gold makes up 2.3% of Euro Pacific Asset Management LLC's portfolio, making the stock its 20th biggest position. Euro Pacific Asset Management LLC owned about 0.47% of Equinox Gold worth $10,751,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Hobbs Group Advisors LLC acquired a new position in Equinox Gold during the third quarter worth about $43,000. Veracity Capital LLC acquired a new position in shares of Equinox Gold in the 3rd quarter worth approximately $61,000. Joel Isaacson & Co. LLC bought a new stake in shares of Equinox Gold in the 3rd quarter worth approximately $61,000. Synovus Financial Corp acquired a new stake in Equinox Gold during the third quarter valued at approximately $61,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in Equinox Gold during the third quarter worth approximately $110,000. 38.85% of the stock is owned by institutional investors and hedge funds.

Equinox Gold Trading Up 3.5 %

Shares of NYSEAMERICAN:EQX traded up $0.20 during midday trading on Friday, reaching $5.87. The company had a trading volume of 4,377,990 shares, compared to its average volume of 5,128,355. The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of 11.98 and a beta of 1.30. Equinox Gold Corp. has a 1-year low of $3.95 and a 1-year high of $6.50.

Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01). Equinox Gold had a net margin of 19.83% and a return on equity of 0.69%. The firm had revenue of $428.40 million during the quarter, compared to analysts' expectations of $437.84 million. The business's revenue was up 50.5% on a year-over-year basis. Sell-side analysts forecast that Equinox Gold Corp. will post 0.36 earnings per share for the current year.

About Equinox Gold

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.