Euro Pacific Asset Management LLC Sells 5,564 Shares of Equinox Gold Corp. (NYSEAMERICAN:EQX)

Euro Pacific Asset Management LLC lowered its stake in Equinox Gold Corp. (NYSEAMERICAN:EQX) by 0.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,256,131 shares of the company’s stock after selling 5,564 shares during the quarter. Equinox Gold makes up approximately 2.3% of Euro Pacific Asset Management LLC’s investment portfolio, making the stock its 20th largest position. Euro Pacific Asset Management LLC’s holdings in Equinox Gold were worth $10,976,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in Equinox Gold by 328.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 999,780 shares of the company’s stock valued at $4,888,000 after buying an additional 766,250 shares during the last quarter. American Century Companies Inc. raised its holdings in Equinox Gold by 3,396.3% in the 3rd quarter. American Century Companies Inc. now owns 1,397,829 shares of the company’s stock valued at $5,904,000 after buying an additional 1,357,849 shares during the last quarter. Van ECK Associates Corp increased its position in Equinox Gold by 4.3% during the 3rd quarter. Van ECK Associates Corp now owns 31,040,175 shares of the company’s stock valued at $131,296,000 after purchasing an additional 1,292,168 shares during the period. CenterBook Partners LP increased its position in Equinox Gold by 26.6% during the 3rd quarter. CenterBook Partners LP now owns 1,855,635 shares of the company’s stock valued at $7,849,000 after purchasing an additional 389,521 shares during the period. Finally, Sprott Inc. increased its position in Equinox Gold by 3.2% during the 3rd quarter. Sprott Inc. now owns 8,405,867 shares of the company’s stock valued at $35,440,000 after purchasing an additional 262,591 shares during the period. Institutional investors own 38.85% of the company’s stock.

Analyst Ratings Changes

EQX has been the subject of a number of recent analyst reports. Desjardins raised shares of Equinox Gold from a “hold” rating to a “buy” rating in a research report on Tuesday, January 30th. National Bank Financial reissued a “sector perform spec overwgt” rating on shares of Equinox Gold in a research report on Monday, April 8th.

Equinox Gold Stock Performance

NYSEAMERICAN:EQX traded up $0.04 on Thursday, reaching $5.92. 689,254 shares of the stock traded hands, compared to its average volume of 2,340,234. The company has a market capitalization of $1.95 billion, a PE ratio of 116.60 and a beta of 1.32. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 and a current ratio of 1.74. Equinox Gold Corp. has a 1-year low of $3.95 and a 1-year high of $6.50.

Equinox Gold (NYSEAMERICAN:EQX) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.03. The company had revenue of $297.80 million during the quarter. Equinox Gold had a net margin of 2.65% and a return on equity of 0.69%. Research analysts anticipate that Equinox Gold Corp. will post 0.12 earnings per share for the current year.

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.