Equinox Gold (NYSEAMERICAN:EQX) Shares Down 2.3%

Equinox Gold Corp. (NYSEAMERICAN:EQX - Get Free Report)'s stock price traded down 2.3% on Wednesday . The company traded as low as $6.01 and last traded at $6.01. 166,434 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 2,837,830 shares. The stock had previously closed at $6.15.

Equinox Gold Trading Down 4.1 %

The firm has a market cap of $2.53 billion, a P/E ratio of -65.55 and a beta of 1.31. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.10 and a quick ratio of 0.45.

Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). Equinox Gold had a return on equity of 0.42% and a net margin of 22.60%. The company had revenue of $269.43 million for the quarter. Equities research analysts forecast that Equinox Gold Corp. will post 0.38 EPS for the current year.

Institutional Investors Weigh In On Equinox Gold

Several hedge funds have recently made changes to their positions in EQX. Kings Path Partners LLC acquired a new stake in Equinox Gold during the second quarter worth $27,000. Continuum Advisory LLC bought a new stake in Equinox Gold in the second quarter valued at about $29,000. &PARTNERS acquired a new position in Equinox Gold in the first quarter worth about $60,000. Advisor Resource Council acquired a new position in Equinox Gold in the first quarter worth about $76,000. Finally, Vanguard Personalized Indexing Management LLC bought a new position in Equinox Gold during the fourth quarter worth about $80,000. Institutional investors own 38.85% of the company's stock.

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.