Gordian Capital Singapore Pte Ltd raised its holdings in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) by 157.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 148,000 shares of the company's stock after buying an additional 90,600 shares during the period. Gordian Capital Singapore Pte Ltd's holdings in Equinox Gold were worth $901,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Kings Path Partners LLC bought a new position in shares of Equinox Gold in the second quarter worth about $27,000. Continuum Advisory LLC bought a new position in Equinox Gold in the 2nd quarter worth about $29,000. Veracity Capital LLC purchased a new position in shares of Equinox Gold during the third quarter worth approximately $61,000. Joel Isaacson & Co. LLC purchased a new stake in shares of Equinox Gold in the third quarter valued at approximately $61,000. Finally, Evergreen Capital Management LLC increased its holdings in Equinox Gold by 30.2% during the 2nd quarter. Evergreen Capital Management LLC now owns 21,559 shares of the company's stock worth $113,000 after purchasing an additional 5,000 shares during the period. 38.85% of the stock is currently owned by hedge funds and other institutional investors.
Equinox Gold Stock Up 3.3 %
NYSEAMERICAN:EQX traded up $0.19 during mid-day trading on Monday, reaching $5.87. The company's stock had a trading volume of 6,755,651 shares, compared to its average volume of 3,182,819. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33. The firm has a market cap of $2.67 billion, a PE ratio of 11.59 and a beta of 1.32. 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 data on Wednesday, November 6th. The company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.10 by ($0.01). The business had revenue of $428.40 million during the quarter, compared to the consensus estimate of $437.84 million. Equinox Gold had a return on equity of 0.69% and a net margin of 19.83%. Equinox Gold's revenue for the quarter was up 50.5% compared to the same quarter last year. As a group, research analysts anticipate that Equinox Gold Corp. will post 0.38 EPS for the current fiscal year.
Equinox Gold Profile
(
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.
Featured Articles
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.