Public Employees Retirement System of Ohio purchased a new position in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 133,442 shares of the company's stock, valued at approximately $815,000.
Several other institutional investors and hedge funds have also modified their holdings of EQX. Kings Path Partners LLC acquired a new position in shares of Equinox Gold during the second quarter worth $27,000. Veracity Capital LLC acquired a new position in Equinox Gold in the 3rd quarter worth about $61,000. Joel Isaacson & Co. LLC bought a new position in Equinox Gold in the third quarter valued at about $61,000. Evergreen Capital Management LLC boosted its stake in shares of Equinox Gold by 30.2% during the second quarter. Evergreen Capital Management LLC now owns 21,559 shares of the company's stock valued at $113,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new stake in shares of Equinox Gold during the second quarter worth about $116,000. 38.85% of the stock is currently owned by institutional investors.
Equinox Gold Stock Performance
Shares of Equinox Gold stock traded up $0.10 on Friday, hitting $5.16. The stock had a trading volume of 6,245,821 shares, compared to its average volume of 3,261,684. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33. Equinox Gold Corp. has a twelve month low of $3.95 and a twelve month high of $6.50. The company has a market capitalization of $2.35 billion, a P/E ratio of 10.53 and a beta of 1.31.
Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). The business had revenue of $428.40 million for the quarter, compared to the consensus estimate of $437.84 million. Equinox Gold had a net margin of 19.83% and a return on equity of 0.69%. The firm's quarterly revenue was up 50.5% compared to the same quarter last year. On average, equities research analysts predict that Equinox Gold Corp. will post 0.38 earnings per share for the current 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.
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