Optiver Holding B.V. Invests $1.51 Million in Equinox Gold Corp. $EQX

Optiver Holding B.V. purchased a new position in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 134,323 shares of the company’s stock, valued at approximately $1,506,000.

A number of other hedge funds also recently bought and sold shares of the business. American Capital Advisory LLC acquired a new position in shares of Equinox Gold during the 2nd quarter worth approximately $25,000. SBI Securities Co. Ltd. lifted its position in Equinox Gold by 2,054.6% during the second quarter. SBI Securities Co. Ltd. now owns 4,697 shares of the company’s stock worth $27,000 after buying an additional 4,479 shares in the last quarter. Smithfield Trust Co acquired a new position in Equinox Gold during the third quarter worth $43,000. Blueshift Asset Management LLC purchased a new stake in Equinox Gold in the 2nd quarter valued at $74,000. Finally, VestGen Advisors LLC acquired a new stake in shares of Equinox Gold in the 2nd quarter worth $92,000. Institutional investors and hedge funds own 38.85% of the company’s stock.

Equinox Gold Price Performance

Equinox Gold stock opened at $18.11 on Thursday. The company’s 50 day simple moving average is $15.20 and its 200-day simple moving average is $12.56. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.27 and a current ratio of 1.56. Equinox Gold Corp. has a 1 year low of $5.59 and a 1 year high of $18.96. The company has a market capitalization of $14.25 billion, a price-to-earnings ratio of 75.46 and a beta of 1.24.

Equinox Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a $0.015 dividend. This represents a $0.06 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Thursday, March 12th.

Analysts Set New Price Targets

Several research analysts have recently weighed in on EQX shares. Canadian Imperial Bank of Commerce raised shares of Equinox Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday. BMO Capital Markets restated an “outperform” rating on shares of Equinox Gold in a research report on Tuesday, January 27th. Scotiabank reiterated an “outperform” rating on shares of Equinox Gold in a report on Monday, January 26th. Stifel Nicolaus initiated coverage on shares of Equinox Gold in a research note on Tuesday, December 2nd. They issued a “buy” rating for the company. Finally, Zacks Research raised shares of Equinox Gold from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $17.00.

About Equinox Gold

Equinox Gold Corp is a Canadian gold mining company headquartered in Vancouver, British Columbia. The company focuses on the acquisition, development, and operation of gold properties, with an emphasis on open-pit heap leach mining. Since its inception, Equinox Gold has pursued a strategy of combining assets in established jurisdictions to build a diversified portfolio that balances production and growth, while maintaining rigorous safety and environmental standards.

Equinox Gold’s operating portfolio spans three countries.