Toronto Dominion Bank Lowers Holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Toronto Dominion Bank trimmed its stake in Equinox Gold Corp. (NYSEAMERICAN:EQX) by 36.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 60,158 shares of the company’s stock after selling 34,499 shares during the period. Toronto Dominion Bank’s holdings in Equinox Gold were worth $315,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EQX. SG Americas Securities LLC boosted its holdings in Equinox Gold by 1.9% in the first quarter. SG Americas Securities LLC now owns 140,710 shares of the company’s stock valued at $847,000 after purchasing an additional 2,566 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Equinox Gold by 15.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 26,460 shares of the company’s stock worth $138,000 after buying an additional 3,528 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of Equinox Gold by 2.0% during the second quarter. Private Advisor Group LLC now owns 201,057 shares of the company’s stock worth $1,052,000 after purchasing an additional 3,862 shares during the last quarter. Evergreen Capital Management LLC lifted its stake in Equinox Gold by 30.2% in the second quarter. Evergreen Capital Management LLC now owns 21,559 shares of the company’s stock valued at $113,000 after buying an additional 5,000 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in Equinox Gold by 0.8% during the 2nd quarter. Raymond James & Associates now owns 645,727 shares of the company’s stock worth $3,377,000 after purchasing an additional 5,143 shares during the period. Hedge funds and other institutional investors own 38.85% of the company’s stock.

Equinox Gold Stock Performance

Equinox Gold stock opened at $6.09 on Tuesday. Equinox Gold Corp. has a 12 month low of $3.95 and a 12 month high of $6.50. The company has a market cap of $2.61 billion, a PE ratio of -67.66 and a beta of 1.31. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.10 and a quick ratio of 0.45.

Equinox Gold (NYSEAMERICAN:EQX) last issued its quarterly earnings data on Wednesday, August 7th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). Equinox Gold had a net margin of 22.60% and a return on equity of 0.42%. The firm had revenue of $269.43 million for the quarter. As a group, research analysts anticipate that Equinox Gold Corp. will post 0.41 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.