Kiker Wealth Management LLC Purchases Shares of 11,640 Equinox Gold Corp. (NYSEAMERICAN:EQX)

Kiker Wealth Management LLC purchased a new stake in Equinox Gold Corp. (NYSEAMERICAN:EQX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 11,640 shares of the company’s stock, valued at approximately $58,000.

Other institutional investors have also recently bought and sold shares of the company. Hobbs Group Advisors LLC bought a new stake in shares of Equinox Gold in the third quarter worth $43,000. Generali Investments CEE investicni spolecnost a.s. acquired a new stake in Equinox Gold in the 4th quarter valued at $50,000. Synovus Financial Corp acquired a new stake in shares of Equinox Gold in the third quarter valued at about $61,000. Choreo LLC bought a new stake in Equinox Gold during the fourth quarter worth about $63,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in Equinox Gold during the third quarter valued at approximately $110,000. Institutional investors own 38.85% of the company’s stock.

Equinox Gold Trading Up 1.0 %

NYSEAMERICAN:EQX opened at $7.00 on Friday. The business’s 50 day moving average price is $6.30. The firm has a market cap of $3.19 billion, a PE ratio of 12.96 and a beta of 1.33. Equinox Gold Corp. has a 1-year low of $4.48 and a 1-year high of $7.22. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.33 and a current ratio of 0.85.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. TD Securities upgraded shares of Equinox Gold to a “hold” rating in a research note on Tuesday, February 4th. TD Cowen began coverage on shares of Equinox Gold in a report on Tuesday, February 4th. They set a “hold” rating and a $35.00 target price for the company.

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.