American Century Companies Inc. Increases Stock Holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX)

American Century Companies Inc. increased its holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX) by 23.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,943,677 shares of the company’s stock after buying an additional 374,579 shares during the period. American Century Companies Inc. owned about 0.43% of Equinox Gold worth $9,790,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Hobbs Group Advisors LLC purchased a new stake in Equinox Gold during the third quarter valued at about $43,000. Synovus Financial Corp purchased a new stake in shares of Equinox Gold during the 3rd quarter worth about $61,000. Generali Investments CEE investicni spolecnost a.s. acquired a new stake in Equinox Gold during the 4th quarter worth approximately $50,000. Kiker Wealth Management LLC purchased a new position in Equinox Gold in the fourth quarter valued at approximately $58,000. Finally, Choreo LLC acquired a new position in Equinox Gold during the fourth quarter valued at approximately $63,000. 38.85% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on EQX shares. TD Cowen assumed coverage on shares of Equinox Gold in a report on Tuesday, February 4th. They set a “hold” rating and a $35.00 price target for the company. National Bank Financial upgraded Equinox Gold to a “strong-buy” rating in a research note on Friday, March 21st. Finally, TD Securities upgraded Equinox Gold to a “hold” rating in a research note on Tuesday, February 4th.

Equinox Gold Stock Down 1.6 %

Shares of NYSEAMERICAN:EQX opened at $6.60 on Thursday. The firm’s fifty day moving average is $6.54. The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37. Equinox Gold Corp. has a 12-month low of $4.48 and a 12-month high of $7.24. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 12.22 and a beta of 1.33.

Equinox Gold Company 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.