Schroder Investment Management Group purchased a new stake in Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 109,900 shares of the company's stock, valued at approximately $546,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Hobbs Group Advisors LLC acquired a new position in shares of Equinox Gold in the 3rd quarter valued at $43,000. Synovus Financial Corp purchased a new position in Equinox Gold during the 3rd quarter worth $61,000. Generali Investments CEE investicni spolecnost a.s. acquired a new position in Equinox Gold in the fourth quarter valued at $50,000. Kiker Wealth Management LLC purchased a new stake in shares of Equinox Gold in the fourth quarter valued at about $58,000. Finally, Choreo LLC acquired a new stake in shares of Equinox Gold during the fourth quarter worth about $63,000. 38.85% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms have recently commented on EQX. TD Securities upgraded Equinox Gold to a "hold" rating in a research note on Tuesday, February 4th. National Bank Financial upgraded shares of Equinox Gold to a "strong-buy" rating in a research report on Friday, March 21st. Finally, TD Cowen began coverage on shares of Equinox Gold in a report on Tuesday, February 4th. They issued a "hold" rating and a $35.00 target price on the stock.
View Our Latest Analysis on Equinox Gold
Equinox Gold Price Performance
NYSEAMERICAN EQX traded up $0.33 during trading hours on Friday, reaching $6.82. The company's stock had a trading volume of 16,914,039 shares, compared to its average volume of 5,322,734. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.33 and a current ratio of 0.85. The stock has a market cap of $3.11 billion, a PE ratio of 12.63 and a beta of 1.33. The company's 50-day moving average is $6.61 and its two-hundred day moving average is $5.95. Equinox Gold Corp. has a fifty-two week low of $4.48 and a fifty-two week high of $7.24.
Equinox Gold Company 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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