Equinox Gold Corp. $EQX Stock Purchased by Cardinal Point Capital Management ULC

Posted by Stanley Muller on Oct 22nd, 2026

Cardinal Point Capital Management ULC raised its holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX – Free Report) by 52.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 140,250 shares of the company’s stock after acquiring an additional 47,950 shares during the quarter. Cardinal Point Capital Management ULC’s holdings in Equinox Gold were worth $1,562,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of EQX. Van ECK Associates Corp increased its holdings in Equinox Gold by 2.8% in the second quarter. Van ECK Associates Corp now owns 87,435,651 shares of the company’s stock worth $849,875,000 after buying an additional 2,355,044 shares during the last quarter. Deutsche Bank AG bought a new stake in shares of Equinox Gold during the 2nd quarter worth about $82,981,000. Amundi increased its holdings in shares of Equinox Gold by 14.1% during the 1st quarter. Amundi now owns 4,239,964 shares of the company’s stock valued at $61,310,000 after acquiring an additional 523,741 shares during the last quarter. Euro Pacific Asset Management LLC raised its stake in shares of Equinox Gold by 66.9% in the 3rd quarter. Euro Pacific Asset Management LLC now owns 4,181,021 shares of the company’s stock valued at $46,451,000 after acquiring an additional 1,676,488 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in Equinox Gold during the second quarter worth approximately $40,220,000. Institutional investors own 38.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on EQX shares. TD Securities restated a “buy” rating on shares of Equinox Gold in a report on Thursday, September 17th. Scotiabank reissued an “outperform” rating on shares of Equinox Gold in a research report on Friday, August 7th. Royal Bank Of Canada boosted their target price on shares of Equinox Gold from $13.00 to $14.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 16th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Equinox Gold in a research report on Friday, October 16th. Finally, Zacks Research lowered Equinox Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Equinox Gold has a consensus rating of “Buy” and an average price target of $14.00.

Check Out Our Latest Analysis on EQX

Equinox Gold Trading Down 0.2%

Shares of EQX opened at $11.04 on Thursday. The stock’s fifty day simple moving average is $11.99 and its 200-day simple moving average is $11.84. The firm has a market capitalization of $12.89 billion, a PE ratio of 13.32 and a beta of 1.32. Equinox Gold Corp. has a 12-month low of $8.48 and a 12-month high of $18.96. The company has a quick ratio of 0.77, a current ratio of 1.33 and a debt-to-equity ratio of 0.09.

Equinox Gold (NYSEAMERICAN:EQX – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Equinox Gold had a return on equity of 10.91% and a net margin of 26.30%. The firm had revenue of $769.80 million during the quarter, compared to analyst estimates of $775.79 million. During the same quarter in the previous year, the business earned $0.11 earnings per share. Equinox Gold’s revenue for the quarter was up 60.8% compared to the same quarter last year. As a group, research analysts predict that Equinox Gold Corp. will post 1.02 earnings per share for the current year.

Equinox Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th were paid a $0.0225 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This is a boost from Equinox Gold’s previous quarterly dividend of $0.0150. This represents a $0.09 annualized dividend and a yield of 0.8%. Equinox Gold’s payout ratio is currently 16.67%.

Equinox Gold Profile

(Free Report)

Equinox Gold Corp. is a precious metals mining company focused primarily on the acquisition, development and operation of gold mines. The company produces gold and conducts exploration and development activities intended to expand its mineral reserves and production base.

Equinox Gold’s operations and projects have been located across the Americas, including Canada, the United States, Mexico and Brazil. Its portfolio has included the Greenstone Mine in Ontario, the Mesquite and Castle Mountain projects in California, the Los Filos complex in Mexico, and the Aurizona, Fazenda and Santa Luz operations in Brazil.

The company was formed in 2017 through the merger of Trek Mining and NewCastle Gold and has since grown through acquisitions, mine development and exploration.