Bard Associates Inc. Sells 4,300 Shares of Equinox Gold Corp. (NYSEAMERICAN:EQX)

Bard Associates Inc. decreased its position in Equinox Gold Corp. (NYSEAMERICAN:EQX) by 0.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 459,295 shares of the company’s stock after selling 4,300 shares during the quarter. Bard Associates Inc.’s holdings in Equinox Gold were worth $2,797,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. CIBC Asset Management Inc raised its holdings in shares of Equinox Gold by 3.5% in the third quarter. CIBC Asset Management Inc now owns 520,879 shares of the company’s stock worth $3,179,000 after buying an additional 17,732 shares during the period. Hollencrest Capital Management boosted its position in Equinox Gold by 12.4% in the third quarter. Hollencrest Capital Management now owns 140,398 shares of the company’s stock valued at $855,000 after buying an additional 15,436 shares during the last quarter. Harvest Portfolios Group Inc. raised its stake in shares of Equinox Gold by 5.2% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 108,963 shares of the company’s stock valued at $665,000 after buying an additional 5,418 shares during the last quarter. Intact Investment Management Inc. boosted its position in Equinox Gold by 70.3% during the third quarter. Intact Investment Management Inc. now owns 188,000 shares of the company’s stock worth $1,147,000 after purchasing an additional 77,600 shares in the last quarter. Finally, Van ECK Associates Corp increased its stake in Equinox Gold by 7.7% during the 3rd quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock worth $247,549,000 after buying an additional 2,954,174 shares in the last quarter. Institutional investors own 38.85% of the company’s stock.

Equinox Gold Stock Up 0.2 %

Shares of EQX stock opened at $5.19 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 current ratio of 0.85, a quick ratio of 0.33 and a debt-to-equity ratio of 0.37. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of 10.59 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). Equinox Gold had a return on equity of 0.69% and a net margin of 19.83%. The business had revenue of $428.40 million for the quarter, compared to analyst estimates of $437.84 million. The company’s quarterly revenue was up 50.5% on a year-over-year basis. As a group, equities analysts predict that Equinox Gold Corp. will post 0.36 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.