Northwest & Ethical Investments L.P. Has $151,000 Stock Position in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Northwest & Ethical Investments L.P. boosted its holdings in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) by 20.4% in the third quarter, HoldingsChannel reports. The fund owned 24,750 shares of the company’s stock after buying an additional 4,198 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in Equinox Gold were worth $151,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Quantbot Technologies LP purchased a new stake in shares of Equinox Gold in the third quarter worth approximately $684,000. The Manufacturers Life Insurance Company increased its stake in Equinox Gold by 212.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 932,050 shares of the company’s stock valued at $5,681,000 after buying an additional 634,210 shares during the period. CIBC Asset Management Inc lifted its position in Equinox Gold by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 520,879 shares of the company’s stock worth $3,179,000 after buying an additional 17,732 shares in the last quarter. Hollencrest Capital Management boosted its stake in shares of Equinox Gold by 12.4% during the 3rd quarter. Hollencrest Capital Management now owns 140,398 shares of the company’s stock valued at $855,000 after buying an additional 15,436 shares during the period. Finally, Harvest Portfolios Group Inc. grew its holdings in shares of Equinox Gold by 5.2% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 108,963 shares of the company’s stock valued at $665,000 after acquiring an additional 5,418 shares in the last quarter. 38.85% of the stock is currently owned by institutional investors and hedge funds.

Equinox Gold Stock Up 0.9 %

NYSEAMERICAN EQX opened at $5.65 on Friday. The firm has a market capitalization of $2.57 billion, a PE ratio of 11.53 and a beta of 1.31. Equinox Gold Corp. has a 1-year low of $3.95 and a 1-year high of $6.50. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.33 and a current ratio of 0.85.

Equinox Gold (NYSEAMERICAN:EQX) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The firm had revenue of $428.40 million for the quarter, compared to analysts’ expectations of $437.84 million. Equinox Gold had a return on equity of 0.69% and a net margin of 19.83%. The firm’s revenue was up 50.5% on a year-over-year basis. As a group, equities analysts anticipate that Equinox Gold Corp. will post 0.38 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.