Bard Associates Inc. Acquires 7,680 Shares of Equinox Gold Corp. (NYSEAMERICAN:EQX)

Bard Associates Inc. increased its holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX) by 1.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 466,975 shares of the company’s stock after purchasing an additional 7,680 shares during the period. Bard Associates Inc.’s holdings in Equinox Gold were worth $2,344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EQX. Maple Rock Capital Partners Inc. boosted its stake in shares of Equinox Gold by 34.4% in 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 purchasing an additional 2,349,000 shares in the last quarter. Helikon Investments Ltd bought a new position in Equinox Gold during the 4th quarter valued at about $8,559,000. Wellington Management Group LLP acquired a new position in Equinox Gold in the third quarter valued at about $5,570,000. The Manufacturers Life Insurance Company grew its stake in Equinox Gold by 212.9% during the third quarter. The Manufacturers Life Insurance Company now owns 932,050 shares of the company’s stock worth $5,681,000 after buying an additional 634,210 shares during the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of Equinox Gold by 15.3% during the third quarter. National Bank of Canada FI now owns 2,288,413 shares of the company’s stock worth $13,938,000 after buying an additional 303,904 shares in the last quarter. Institutional investors own 38.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on EQX. TD Cowen assumed coverage on Equinox Gold in a research report on Tuesday, February 4th. They set a “hold” rating and a $35.00 price target on the stock. TD Securities upgraded Equinox Gold to a “hold” rating in a report on Tuesday, February 4th.

Equinox Gold Stock Up 0.9 %

Shares of NYSEAMERICAN EQX opened at $6.48 on Tuesday. Equinox Gold Corp. has a 1-year low of $4.36 and a 1-year high of $7.22. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 12.00 and a beta of 1.33. 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 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.