Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) - Equities researchers at National Bank Financial issued their Q3 2024 earnings estimates for shares of Equinox Gold in a research report issued on Tuesday, October 22nd. National Bank Financial analyst M. Parkin forecasts that the company will earn $0.05 per share for the quarter. The consensus estimate for Equinox Gold's current full-year earnings is $0.41 per share.
Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.01). Equinox Gold had a net margin of 22.60% and a return on equity of 0.42%. The firm had revenue of $269.43 million for the quarter.
Equinox Gold Stock Down 3.8 %
NYSEAMERICAN EQX traded down $0.22 during trading hours on Friday, reaching $5.63. The company's stock had a trading volume of 6,758,005 shares, compared to its average volume of 3,075,199. Equinox Gold has a 52 week low of $3.95 and a 52 week high of $6.50. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.10 and a quick ratio of 0.45. The firm has a market cap of $2.41 billion, a PE ratio of 11.40 and a beta of 1.31.
Institutional Trading of Equinox Gold
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kings Path Partners LLC acquired a new stake in Equinox Gold during the 2nd quarter worth about $27,000. Continuum Advisory LLC bought a new stake in Equinox Gold in the second quarter worth approximately $29,000. Veracity Capital LLC bought a new stake in Equinox Gold in the third quarter worth approximately $61,000. Joel Isaacson & Co. LLC acquired a new position in Equinox Gold in the third quarter valued at approximately $61,000. Finally, Advisor Resource Council bought a new position in shares of Equinox Gold during the 1st quarter worth approximately $76,000. Institutional investors and hedge funds own 38.85% of the company's stock.
About Equinox Gold
(
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.
See Also
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
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
