Virtu Financial LLC Purchases New Shares in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Virtu Financial LLC acquired a new stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 60,388 shares of the company’s stock, valued at approximately $368,000.

Several other institutional investors have also added to or reduced their stakes in EQX. National Bank of Canada FI lifted its stake in shares of Equinox Gold by 15.3% in the 3rd quarter. National Bank of Canada FI now owns 2,288,413 shares of the company’s stock valued at $13,938,000 after purchasing an additional 303,904 shares during the period. Van ECK Associates Corp raised its holdings in Equinox Gold by 7.7% in the third quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock worth $247,549,000 after purchasing an additional 2,954,174 shares in the last quarter. Maple Rock Capital Partners Inc. lifted its position in 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 valued at $55,842,000 after buying an additional 2,349,000 shares during the period. Donald Smith & CO. Inc. boosted its holdings in shares of Equinox Gold by 35.5% during the 3rd quarter. Donald Smith & CO. Inc. now owns 18,050,439 shares of the company’s stock valued at $109,927,000 after buying an additional 4,727,570 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Equinox Gold in the 3rd quarter worth about $684,000. 38.85% of the stock is currently owned by institutional investors.

Equinox Gold Trading Down 1.0 %

Shares of Equinox Gold stock opened at $5.48 on Tuesday. Equinox Gold Corp. has a 1 year low of $3.95 and a 1 year high of $6.50. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33. The stock has a market capitalization of $2.49 billion, a P/E ratio of 11.17 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX) last released its earnings results on Wednesday, November 6th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). Equinox Gold had a net margin of 19.83% and a return on equity of 0.69%. The business had revenue of $428.40 million for the quarter, compared to analysts’ expectations of $437.84 million. The company’s revenue for the quarter was up 50.5% compared to the same quarter last year. Equities research analysts forecast that Equinox Gold Corp. will post 0.38 EPS for the current fiscal year.

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.