American Century Companies Inc. Lowers Stock Position in Equinox Gold Corp. (NYSEAMERICAN:EQX)

American Century Companies Inc. cut its holdings in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) by 24.3% during the second quarter, Holdings Channel.com reports. The firm owned 1,555,949 shares of the company’s stock after selling 498,321 shares during the period. American Century Companies Inc.’s holdings in Equinox Gold were worth $8,121,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Oxbow Advisors LLC purchased a new position in Equinox Gold in the second quarter valued at about $123,000. Gemsstock Ltd. bought a new position in shares of Equinox Gold during the 2nd quarter worth approximately $13,045,000. CQS US LLC purchased a new stake in Equinox Gold during the second quarter valued at approximately $3,138,000. Private Advisor Group LLC boosted its stake in Equinox Gold by 2.0% in the second quarter. Private Advisor Group LLC now owns 201,057 shares of the company’s stock valued at $1,052,000 after acquiring an additional 3,862 shares in the last quarter. Finally, National Bank of Canada FI grew its holdings in Equinox Gold by 7.9% in the second quarter. National Bank of Canada FI now owns 1,984,509 shares of the company’s stock worth $10,291,000 after purchasing an additional 145,008 shares during the last quarter. 38.85% of the stock is owned by hedge funds and other institutional investors.

Equinox Gold Stock Down 1.0 %

Shares of NYSEAMERICAN:EQX opened at $6.04 on Tuesday. The company has a current ratio of 1.10, a quick ratio of 0.45 and a debt-to-equity ratio of 0.42. Equinox Gold Corp. has a 1 year low of $3.95 and a 1 year high of $6.50. The stock has a market cap of $2.59 billion, a P/E ratio of -67.10 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX) last issued its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share (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 business had revenue of $269.43 million for the quarter. On average, equities 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.