Southland Equity Partners LLC acquired a new stake in Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 48,706 shares of the company's stock, valued at approximately $245,000.
Several other large investors have also recently made changes to their positions in EQX. Hobbs Group Advisors LLC bought a new position in Equinox Gold during the third quarter valued at $43,000. Veracity Capital LLC purchased a new stake in Equinox Gold in the 3rd quarter worth about $61,000. Joel Isaacson & Co. LLC purchased a new stake in Equinox Gold in the 3rd quarter worth about $61,000. Synovus Financial Corp bought a new stake in Equinox Gold in the 3rd quarter valued at about $61,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Equinox Gold during the third quarter valued at about $110,000. 38.85% of the stock is owned by hedge funds and other institutional investors.
Equinox Gold Trading Up 3.5 %
Shares of EQX traded up $0.20 during midday trading on Friday, hitting $5.87. 4,377,990 shares of the company traded hands, compared to its average volume of 5,128,355. Equinox Gold Corp. has a one year low of $3.95 and a one year high of $6.50. The stock has a market cap of $2.67 billion, a PE ratio of 11.98 and a beta of 1.30. The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37.
Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last posted its quarterly earnings data 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). Equinox Gold had a net margin of 19.83% and a return on equity of 0.69%. The business had revenue of $428.40 million for the quarter, compared to the consensus estimate of $437.84 million. Equinox Gold's revenue for the quarter was up 50.5% compared to the same quarter last year. On average, equities analysts forecast that Equinox Gold Corp. will post 0.36 EPS for the current fiscal 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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