Equinox Gold Corp. (EQX) To Go Ex-Dividend on May 21st

Equinox Gold Corp. (NYSEAMERICAN:EQX) declared a quarterly dividend on Wednesday, May 6th. Investors of record on Thursday, May 21st will be given a dividend of 0.015 per share on Friday, June 5th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, May 21st.

Equinox Gold Trading Down 2.3%

NYSEAMERICAN:EQX opened at $12.93 on Tuesday. The stock’s 50 day moving average price is $14.36 and its 200 day moving average price is $14.41. Equinox Gold has a 52 week low of $5.61 and a 52 week high of $18.96. The company has a market capitalization of $10.20 billion, a P/E ratio of 16.16 and a beta of 1.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.75 and a current ratio of 1.24.

Equinox Gold (NYSEAMERICAN:EQX) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). Equinox Gold had a return on equity of 10.26% and a net margin of 21.72%.The firm had revenue of $861.59 million during the quarter, compared to analyst estimates of $896.94 million. During the same quarter in the prior year, the company posted ($0.08) EPS. The company’s quarterly revenue was up 224.3% on a year-over-year basis. On average, research analysts forecast that Equinox Gold will post 1.24 EPS for the current fiscal year.

Hedge Funds Weigh In On Equinox Gold

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Gamco Investors INC. ET AL grew its holdings in Equinox Gold by 0.4% during the fourth quarter. Gamco Investors INC. ET AL now owns 190,855 shares of the company’s stock valued at $2,680,000 after purchasing an additional 795 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in Equinox Gold by 3.2% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 30,247 shares of the company’s stock valued at $425,000 after purchasing an additional 940 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Equinox Gold by 96.7% during the first quarter. EverSource Wealth Advisors LLC now owns 1,997 shares of the company’s stock valued at $29,000 after purchasing an additional 982 shares during the last quarter. HighTower Advisors LLC grew its holdings in Equinox Gold by 8.3% during the fourth quarter. HighTower Advisors LLC now owns 13,067 shares of the company’s stock valued at $183,000 after purchasing an additional 1,003 shares during the last quarter. Finally, Integrated Advisors Network LLC grew its holdings in Equinox Gold by 1.2% during the first quarter. Integrated Advisors Network LLC now owns 93,075 shares of the company’s stock valued at $1,346,000 after purchasing an additional 1,075 shares during the last quarter. Institutional investors and hedge funds own 38.85% of the company’s stock.

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.