Equinox Gold Corp. (NYSEAMERICAN:EQX) Shares Sold by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC lessened its holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX) by 22.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,135,110 shares of the company’s stock after selling 624,880 shares during the period. Equinox Gold comprises approximately 2.3% of Euro Pacific Asset Management LLC’s holdings, making the stock its 20th biggest holding. Euro Pacific Asset Management LLC owned about 0.47% of Equinox Gold worth $10,751,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. National Bank of Canada FI boosted its stake in shares of Equinox Gold by 15.3% during the 3rd quarter. National Bank of Canada FI now owns 2,288,413 shares of the company’s stock valued at $13,938,000 after buying an additional 303,904 shares during the last quarter. Stifel Financial Corp acquired a new stake in shares of Equinox Gold in the 3rd quarter worth about $1,388,000. Van ECK Associates Corp raised its holdings in shares of Equinox Gold by 7.7% during the third quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock valued at $247,549,000 after buying an additional 2,954,174 shares during the last quarter. Maple Rock Capital Partners Inc. raised its stake in Equinox Gold by 34.4% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 9,169,400 shares of the company’s stock valued at $55,842,000 after acquiring an additional 2,349,000 shares in the last quarter. Finally, Donald Smith & CO. Inc. raised its stake in shares of Equinox Gold by 35.5% during the third quarter. Donald Smith & CO. Inc. now owns 18,050,439 shares of the company’s stock valued at $109,927,000 after purchasing an additional 4,727,570 shares in the last quarter. Institutional investors and hedge funds own 38.85% of the company’s stock.

Equinox Gold Stock Up 3.5 %

NYSEAMERICAN:EQX opened at $5.87 on Friday. Equinox Gold Corp. has a 52-week low of $3.95 and a 52-week high of $6.50. The company has a current ratio of 0.85, a quick ratio of 0.33 and a debt-to-equity ratio of 0.37. The stock has a market cap of $2.67 billion, a P/E ratio of 11.98 and a beta of 1.30.

Equinox Gold (NYSEAMERICAN:EQX) last released 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). Equinox Gold had a net margin of 19.83% and a return on equity of 0.69%. The company had revenue of $428.40 million during the quarter, compared to analyst estimates of $437.84 million. The company’s revenue for the quarter was up 50.5% on a year-over-year basis. On average, equities analysts expect that Equinox Gold Corp. will post 0.36 EPS for the current fiscal year.

Equinox Gold Company Profile

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.