Equinox Gold Corp. (NYSEAMERICAN:EQX - Get Free Report) traded down 3.9% on Friday . The stock traded as low as $5.60 and last traded at $5.62. 2,683,977 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 3,053,738 shares. The stock had previously closed at $5.85.
Equinox Gold Price Performance
The stock has a market capitalization of $2.41 billion, a PE ratio of 11.40 and a beta of 1.31. The company has a quick ratio of 0.45, a current ratio of 1.10 and a debt-to-equity ratio of 0.42.
Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate 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 during the quarter. On average, research analysts anticipate that Equinox Gold Corp. will post 0.41 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Equinox Gold
Large investors have recently added to or reduced their stakes in the company. Kings Path Partners LLC bought a new stake in shares of Equinox Gold in the second quarter worth $27,000. Continuum Advisory LLC acquired a new position in shares of Equinox Gold during the 2nd quarter worth about $29,000. Veracity Capital LLC bought a new position in shares of Equinox Gold in the 3rd quarter valued at about $61,000. Joel Isaacson & Co. LLC acquired a new stake in shares of Equinox Gold in the third quarter valued at about $61,000. Finally, Advisor Resource Council bought a new stake in Equinox Gold during the first quarter worth about $76,000. Institutional investors 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.
Featured Stories
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
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
