Maple Rock Capital Partners Inc. Has $55.84 Million Holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Maple Rock Capital Partners Inc. lifted its stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) by 34.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,169,400 shares of the company's stock after purchasing an additional 2,349,000 shares during the quarter. Equinox Gold accounts for 1.6% of Maple Rock Capital Partners Inc.'s holdings, making the stock its 13th biggest holding. Maple Rock Capital Partners Inc. owned approximately 2.01% of Equinox Gold worth $55,842,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of EQX. Vanguard Group Inc. boosted its stake in Equinox Gold by 9.9% in the first quarter. Vanguard Group Inc. now owns 10,519,078 shares of the company's stock valued at $63,325,000 after buying an additional 943,855 shares in the last quarter. Virtu Financial LLC acquired a new stake in Equinox Gold in the first quarter valued at about $204,000. Cetera Advisors LLC acquired a new stake in Equinox Gold in the first quarter valued at about $144,000. SG Americas Securities LLC boosted its stake in Equinox Gold by 152.1% in the second quarter. SG Americas Securities LLC now owns 354,702 shares of the company's stock valued at $1,855,000 after buying an additional 213,992 shares in the last quarter. Finally, Raymond James & Associates raised its position in Equinox Gold by 0.8% in the second quarter. Raymond James & Associates now owns 645,727 shares of the company's stock valued at $3,377,000 after purchasing an additional 5,143 shares during the last quarter. 38.85% of the stock is owned by institutional investors and hedge funds.

Equinox Gold Price Performance

Equinox Gold stock traded up $0.15 during trading hours on Wednesday, hitting $6.00. The stock had a trading volume of 6,136,143 shares, compared to its average volume of 3,159,398. Equinox Gold Corp. has a one year low of $3.95 and a one year high of $6.50. The company has a current ratio of 0.85, a quick ratio of 0.33 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $2.73 billion, a PE ratio of 11.94 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.01). Equinox Gold had a return on equity of 0.69% and a net margin of 19.83%. The company had revenue of $428.40 million for the quarter, compared to the consensus estimate of $437.84 million. The business's revenue for the quarter was up 50.5% compared to the same quarter last year. Analysts expect that Equinox Gold Corp. will post 0.38 EPS for the current year.

Equinox Gold Profile

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.