Equinox Gold Corp. (NYSEAMERICAN:EQX) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC lifted its holdings in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) by 6.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,467 shares of the company’s stock after buying an additional 10,886 shares during the quarter. Geode Capital Management LLC’s holdings in Equinox Gold were worth $1,057,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Van ECK Associates Corp raised its holdings in shares of Equinox Gold by 7.7% during the third quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock valued at $247,549,000 after acquiring an additional 2,954,174 shares during the last quarter. Donald Smith & CO. Inc. increased its position in shares of Equinox Gold by 35.5% during the third quarter. Donald Smith & CO. Inc. now owns 18,050,439 shares of the company’s stock worth $109,927,000 after purchasing an additional 4,727,570 shares in the last quarter. Maple Rock Capital Partners Inc. lifted its holdings in Equinox Gold by 34.4% in the 3rd quarter. Maple Rock Capital Partners Inc. now owns 9,169,400 shares of the company’s stock valued at $55,842,000 after purchasing an additional 2,349,000 shares in the last quarter. Mackenzie Financial Corp boosted its stake in Equinox Gold by 54.6% during the 2nd quarter. Mackenzie Financial Corp now owns 8,953,104 shares of the company’s stock worth $46,732,000 after purchasing an additional 3,162,992 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Equinox Gold by 8.3% during the second quarter. Dimensional Fund Advisors LP now owns 7,805,581 shares of the company’s stock worth $40,824,000 after buying an additional 597,182 shares in the last quarter. Hedge funds and other institutional investors own 38.85% of the company’s stock.

Equinox Gold Trading Up 9.8 %

Shares of NYSEAMERICAN EQX opened at $5.80 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $2.64 billion, a PE ratio of 11.84 and a beta of 1.31. Equinox Gold Corp. has a 52 week low of $3.95 and a 52 week high of $6.50.

Equinox Gold (NYSEAMERICAN:EQX) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The business had revenue of $428.40 million during the quarter, compared to analyst estimates of $437.84 million. Equinox Gold had a net margin of 19.83% and a return on equity of 0.69%. The company’s revenue for the quarter was up 50.5% on a year-over-year basis. Analysts anticipate that Equinox Gold Corp. will post 0.43 EPS for the current fiscal year.

Equinox Gold Profile

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.