Equinox Gold (NYSEAMERICAN:EQX) Sets New 1-Year High at $6.50

Equinox Gold Corp. (NYSEAMERICAN:EQX)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $6.50 and last traded at $6.50, with a volume of 49794 shares changing hands. The stock had previously closed at $6.36.

Equinox Gold Trading Up 0.5 %

The company has a current ratio of 1.10, a quick ratio of 0.45 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $2.74 billion, a PE ratio of -70.66 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). Equinox Gold had a return on equity of 0.42% and a net margin of 22.60%. The company had revenue of $269.43 million for the quarter. Analysts anticipate that Equinox Gold Corp. will post 0.41 earnings per share for the current year.

Institutional Investors Weigh In On Equinox Gold

Institutional investors have recently added to or reduced their stakes in the business. Jump Financial LLC bought a new stake in Equinox Gold in the fourth quarter valued at approximately $174,000. Dimensional Fund Advisors LP boosted its position in shares of Equinox Gold by 6.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,840,693 shares of the company’s stock valued at $33,452,000 after purchasing an additional 412,402 shares in the last quarter. Vanguard Personalized Indexing Management LLC acquired a new stake in Equinox Gold during the fourth quarter worth approximately $80,000. Norges Bank bought a new stake in Equinox Gold in the fourth quarter worth approximately $9,111,000. Finally, Olympiad Research LP acquired a new stake in shares of Equinox Gold during the 4th quarter worth approximately $154,000. 38.85% of the stock is owned by institutional investors.

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.