XTX Topco Ltd Buys New Position in Equinox Gold Corp. (NYSEAMERICAN:EQX)

XTX Topco Ltd purchased a new position in Equinox Gold Corp. (NYSEAMERICAN:EQX) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 37,888 shares of the company’s stock, valued at approximately $231,000.

Other large investors also recently bought and sold shares of the company. Donald Smith & CO. Inc. increased its position in shares of Equinox Gold by 35.5% during the third quarter. Donald Smith & CO. Inc. now owns 18,050,439 shares of the company’s stock worth $109,927,000 after acquiring an additional 4,727,570 shares during the last quarter. Van ECK Associates Corp increased its holdings in Equinox Gold by 10.5% during the 2nd quarter. Van ECK Associates Corp now owns 38,166,859 shares of the company’s stock worth $199,609,000 after purchasing an additional 3,628,998 shares during the last quarter. Mackenzie Financial Corp raised its position in shares of Equinox Gold by 54.6% in the 2nd quarter. Mackenzie Financial Corp now owns 8,953,104 shares of the company’s stock valued at $46,732,000 after purchasing an additional 3,162,992 shares in the last quarter. Gemsstock Ltd. purchased a new position in shares of Equinox Gold during the 2nd quarter valued at approximately $13,045,000. Finally, Maple Rock Capital Partners Inc. grew its position in shares of Equinox Gold by 34.4% during the third quarter. Maple Rock Capital Partners Inc. now owns 9,169,400 shares of the company’s stock worth $55,842,000 after buying an additional 2,349,000 shares in the last quarter. Institutional investors and hedge funds own 38.85% of the company’s stock.

Equinox Gold Stock Down 1.7 %

EQX opened at $5.06 on Friday. Equinox Gold Corp. has a 12-month low of $3.95 and a 12-month high of $6.50. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.33 and a current ratio of 0.85. The firm has a market capitalization of $2.30 billion, a P/E ratio of 10.33 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX) last issued its earnings results on Wednesday, November 6th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The company had revenue of $428.40 million during the quarter, compared to analyst estimates of $437.84 million. Equinox Gold had a net margin of 19.83% and a return on equity of 0.69%. The business’s revenue was up 50.5% on a year-over-year basis. As a group, research analysts predict that Equinox Gold Corp. will post 0.38 EPS for the current 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.