Bayshore Asset Management LLC acquired a new position in Equinox Gold Corp. (NYSEAMERICAN:EQX – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 60,000 shares of the company’s stock, valued at approximately $365,000.
A number of other hedge funds have also recently bought and sold shares of the stock. Maple Rock Capital Partners Inc. bought a new stake in shares of Equinox Gold in the 1st quarter worth approximately $29,741,000. Van ECK Associates Corp lifted its position in Equinox Gold by 10.5% in the second 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 period. Mackenzie Financial Corp boosted its stake in Equinox Gold by 54.6% during the second quarter. Mackenzie Financial Corp now owns 8,953,104 shares of the company’s stock worth $46,732,000 after buying an additional 3,162,992 shares in the last quarter. Donald Smith & CO. Inc. increased its holdings in Equinox Gold by 27.5% in the 2nd quarter. Donald Smith & CO. Inc. now owns 13,322,869 shares of the company’s stock valued at $69,679,000 after buying an additional 2,873,059 shares during the period. Finally, Gemsstock Ltd. acquired a new position in shares of Equinox Gold in the 2nd quarter valued at $13,045,000. 38.85% of the stock is owned by institutional investors.
Equinox Gold Stock Performance
Shares of Equinox Gold stock opened at $5.75 on Tuesday. The stock has a market cap of $2.46 billion, a PE ratio of 11.50 and a beta of 1.31. Equinox Gold Corp. has a twelve month low of $3.95 and a twelve month high of $6.50. 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 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.
Featured Stories
- Five stocks we like better than Equinox Gold
- Stock Dividend Cuts Happen Are You Ready?
- Utilities Outperform in 2024: 3 Stocks to Keep on Your Radar
- Investing in Commodities: What Are They? How to Invest in Them
- Is Wells Fargo Stock the End-of-Year Rebound Story to Watch?
- How to Invest in Insurance Companies: A Guide
- Walgreens Stock Rally: 4 Reasons WBA Could Be a Strong Buy
Want to see what other hedge funds are holding EQX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equinox Gold Corp. (NYSEAMERICAN:EQX – Free Report).
Receive News & Ratings for Equinox Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinox Gold and related companies with MarketBeat.com's FREE daily email newsletter.