Everett Harris & Co. CA Purchases Shares of 10,668 Equinox Gold Corp. (NYSEAMERICAN:EQX)

Everett Harris & Co. CA acquired a new position in Equinox Gold Corp. (NYSEAMERICAN:EQX) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,668 shares of the company’s stock, valued at approximately $52,000.

Other hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its position in Equinox Gold by 5.8% in the first quarter. PNC Financial Services Group Inc. now owns 45,595 shares of the company’s stock worth $377,000 after acquiring an additional 2,500 shares in the last quarter. Geode Capital Management LLC boosted its stake in Equinox Gold by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 110,449 shares of the company’s stock valued at $506,000 after purchasing an additional 2,540 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in shares of Equinox Gold by 4.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 58,641 shares of the company’s stock worth $485,000 after acquiring an additional 2,669 shares during the last quarter. CIBC Asset Management Inc raised its stake in Equinox Gold by 0.9% during the 1st quarter. CIBC Asset Management Inc now owns 316,923 shares of the company’s stock valued at $1,626,000 after purchasing an additional 2,879 shares during the last quarter. Finally, Profund Advisors LLC boosted its holdings in Equinox Gold by 14.6% in the 1st quarter. Profund Advisors LLC now owns 22,844 shares of the company’s stock valued at $118,000 after purchasing an additional 2,908 shares during the period. 38.85% of the stock is owned by hedge funds and other institutional investors.

Equinox Gold Stock Up 6.9 %

Shares of NYSEAMERICAN:EQX traded up $0.39 on Thursday, hitting $6.02. The stock had a trading volume of 4,314,853 shares, compared to its average volume of 2,238,661. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 and a current ratio of 1.74. Equinox Gold Corp. has a twelve month low of $3.95 and a twelve month high of $6.12. The company has a market capitalization of $1.95 billion, a PE ratio of 66.89 and a beta of 1.26.

Equinox Gold (NYSEAMERICAN:EQX) last issued its quarterly earnings data on Wednesday, February 21st. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.03. The firm had revenue of $297.80 million for the quarter. Equinox Gold had a net margin of 2.65% and a return on equity of 0.69%. Equities research analysts predict that Equinox Gold Corp. will post 0.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EQX. National Bank Financial reaffirmed a “sector perform spec overwgt” rating on shares of Equinox Gold in a research report on Wednesday, January 3rd. Desjardins upgraded shares of Equinox Gold from a “hold” rating to a “buy” rating in a research note on Tuesday, January 30th.

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.