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

Savant Capital LLC grew its position in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) by 36.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 32,895 shares of the company’s stock after acquiring an additional 8,772 shares during the period. Savant Capital LLC’s holdings in Equinox Gold were worth $161,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mackenzie Financial Corp grew its stake in shares of Equinox Gold by 58.6% in the fourth quarter. Mackenzie Financial Corp now owns 4,401,254 shares of the company’s stock valued at $21,401,000 after buying an additional 1,625,994 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Equinox Gold by 328.1% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 999,780 shares of the company’s stock valued at $4,888,000 after buying an additional 766,250 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Equinox Gold by 3,396.3% in the third quarter. American Century Companies Inc. now owns 1,397,829 shares of the company’s stock valued at $5,904,000 after buying an additional 1,357,849 shares in the last quarter. Van ECK Associates Corp grew its stake in shares of Equinox Gold by 4.3% in the third quarter. Van ECK Associates Corp now owns 31,040,175 shares of the company’s stock valued at $131,296,000 after buying an additional 1,292,168 shares in the last quarter. Finally, CenterBook Partners LP grew its stake in shares of Equinox Gold by 26.6% in the third quarter. CenterBook Partners LP now owns 1,855,635 shares of the company’s stock valued at $7,849,000 after buying an additional 389,521 shares in the last quarter. 38.85% of the stock is currently owned by institutional investors and hedge funds.

Equinox Gold Price Performance

Shares of EQX opened at $5.55 on Wednesday. The stock has a market capitalization of $2.14 billion, a P/E ratio of 61.67 and a beta of 1.33. Equinox Gold Corp. has a one year low of $3.95 and a one year high of $6.50. The company has a quick ratio of 0.88, a current ratio of 1.74 and a debt-to-equity ratio of 0.32.

Equinox Gold (NYSEAMERICAN:EQX) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.03. The firm had revenue of $297.80 million during the quarter. Equinox Gold had a return on equity of 0.69% and a net margin of 2.65%. On average, equities research analysts anticipate that Equinox Gold Corp. will post 0.34 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on EQX shares. Desjardins upgraded Equinox Gold from a “hold” rating to a “buy” rating in a research note on Tuesday, January 30th. National Bank Financial raised Equinox Gold from a “sector perform spec overwgt” rating to an “outperform overweight” rating in a report on Friday, April 26th.

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.