Equinox Gold Corp. (NYSEAMERICAN:EQX) Shares Purchased by Raymond James & Associates

Raymond James & Associates boosted its stake in Equinox Gold Corp. (NYSEAMERICAN:EQX) by 0.8% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 645,727 shares of the company’s stock after acquiring an additional 5,143 shares during the quarter. Raymond James & Associates owned 0.15% of Equinox Gold worth $3,377,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in EQX. &PARTNERS acquired a new stake in Equinox Gold during the 1st quarter worth $60,000. Advisor Resource Council acquired a new stake in Equinox Gold during the 1st quarter worth $76,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Equinox Gold during the 4th quarter worth $80,000. Banque Cantonale Vaudoise raised its holdings in shares of Equinox Gold by 63.0% during the 1st 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 period. Finally, Cetera Advisors LLC purchased a new position in shares of Equinox Gold during the 1st quarter worth $144,000. Institutional investors and hedge funds own 38.85% of the company’s stock.

Equinox Gold Trading Down 1.4 %

NYSEAMERICAN EQX opened at $5.67 on Friday. Equinox Gold Corp. has a 52 week low of $3.95 and a 52 week high of $6.50. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.49 and a current ratio of 1.17. The firm has a market cap of $2.43 billion, a PE ratio of -62.99 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). Equinox Gold had a positive return on equity of 0.43% and a negative net margin of 2.85%. The business had revenue of $269.43 million for the quarter. As a group, sell-side analysts forecast that Equinox Gold Corp. will post 0.4 EPS for the current fiscal 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.