10,000 Shares in Equinox Gold Corp. (NYSEAMERICAN:EQX) Purchased by &Partners

&Partners bought a new stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,000 shares of the company’s stock, valued at approximately $60,000.

Other large investors have also recently made changes to their positions in the company. Banque Cantonale Vaudoise grew its stake in shares of Equinox Gold by 63.0% in the first quarter. Banque Cantonale Vaudoise now owns 17,481 shares of the company’s stock worth $106,000 after acquiring an additional 6,755 shares during the last quarter. Goehring & Rozencwajg Associates LLC grew its position in Equinox Gold by 3.5% during the 4th quarter. Goehring & Rozencwajg Associates LLC now owns 811,144 shares of the company’s stock valued at $3,945,000 after purchasing an additional 27,490 shares during the last quarter. Invenomic Capital Management LP increased its stake in Equinox Gold by 25.1% during the 4th quarter. Invenomic Capital Management LP now owns 1,706,659 shares of the company’s stock valued at $8,346,000 after purchasing an additional 342,695 shares in the last quarter. CoreCommodity Management LLC increased its stake in Equinox Gold by 25.8% during the 4th quarter. CoreCommodity Management LLC now owns 327,153 shares of the company’s stock valued at $1,600,000 after purchasing an additional 67,087 shares in the last quarter. Finally, CenterBook Partners LP raised its holdings in Equinox Gold by 3.3% in the fourth quarter. CenterBook Partners LP now owns 1,916,442 shares of the company’s stock worth $9,371,000 after buying an additional 60,807 shares during the last quarter. 38.85% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, National Bank Financial upgraded shares of Equinox Gold from a “sector perform spec overwgt” rating to an “outperform overweight” rating in a report on Friday, April 26th.

Equinox Gold Price Performance

EQX opened at $5.28 on Tuesday. The company has a current ratio of 1.17, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $2.26 billion, a P/E ratio of -58.66 and a beta of 1.32. Equinox Gold Corp. has a 12-month low of $3.95 and a 12-month high of $6.50.

Equinox Gold (NYSEAMERICAN:EQX) last issued its quarterly earnings results on Wednesday, May 8th. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.02. The business had revenue of $241.32 million for the quarter. Equinox Gold had a negative net margin of 2.85% and a positive return on equity of 0.43%. Equities analysts forecast that Equinox Gold Corp. will post 0.37 earnings per share for the current year.

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.