Equinox Gold Corp. (NYSEAMERICAN:EQX - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $5.82, but opened at $5.60. Equinox Gold shares last traded at $5.49, with a volume of 702,127 shares traded.
Equinox Gold Price Performance
The company has a current ratio of 1.10, a quick ratio of 0.45 and a debt-to-equity ratio of 0.42. The company has a market cap of $2.41 billion, a PE ratio of 116.40 and a beta of 1.31.
Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.01). The firm had revenue of $428.40 million for the quarter, compared to analyst estimates of $437.84 million. Equinox Gold had a return on equity of 0.73% and a net margin of 19.83%. The company's revenue was up 50.5% compared to the same quarter last year. On average, equities analysts anticipate that Equinox Gold Corp. will post 0.36 EPS for the current fiscal year.
Institutional Investors Weigh In On Equinox Gold
Hedge funds have recently added to or reduced their stakes in the company. Kings Path Partners LLC purchased a new stake in shares of Equinox Gold in the second quarter worth approximately $27,000. Continuum Advisory LLC purchased a new stake in shares of Equinox Gold during the 2nd quarter valued at $29,000. Joel Isaacson & Co. LLC bought a new position in shares of Equinox Gold during the 3rd quarter valued at approximately $61,000. Veracity Capital LLC purchased a new position in shares of Equinox Gold during the 3rd quarter valued at $61,000. Finally, Evergreen Capital Management LLC raised its position in shares of Equinox Gold by 30.2% in the second quarter. Evergreen Capital Management LLC now owns 21,559 shares of the company's stock valued at $113,000 after purchasing an additional 5,000 shares during the period. Institutional investors and hedge funds own 38.85% of the company's stock.
Equinox Gold Company Profile
(
Get 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Equinox Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Equinox Gold wasn't on the list.
While Equinox Gold currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
