Euro Pacific Asset Management LLC Has $16.81 Million Holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Euro Pacific Asset Management LLC decreased its position in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) by 0.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,759,990 shares of the company’s stock after selling 13,622 shares during the quarter. Equinox Gold comprises 3.1% of Euro Pacific Asset Management LLC’s holdings, making the stock its 11th largest holding. Euro Pacific Asset Management LLC’s holdings in Equinox Gold were worth $16,812,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Van ECK Associates Corp raised its holdings in shares of Equinox Gold by 7.7% in the 3rd quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock worth $247,549,000 after acquiring an additional 2,954,174 shares during the last quarter. Donald Smith & CO. Inc. raised its stake in shares of Equinox Gold by 35.5% in the third quarter. Donald Smith & CO. Inc. now owns 18,050,439 shares of the company’s stock worth $109,927,000 after purchasing an additional 4,727,570 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Equinox Gold by 9.9% in the first quarter. Vanguard Group Inc. now owns 10,519,078 shares of the company’s stock valued at $63,325,000 after purchasing an additional 943,855 shares in the last quarter. Mackenzie Financial Corp boosted its position in shares of Equinox Gold by 54.6% during the second quarter. Mackenzie Financial Corp now owns 8,953,104 shares of the company’s stock valued at $46,732,000 after buying an additional 3,162,992 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Equinox Gold by 8.3% during the second quarter. Dimensional Fund Advisors LP now owns 7,805,581 shares of the company’s stock worth $40,824,000 after buying an additional 597,182 shares in the last quarter. 38.85% of the stock is owned by institutional investors and hedge funds.

Equinox Gold Price Performance

NYSEAMERICAN EQX opened at $5.17 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37. Equinox Gold Corp. has a 12 month low of $3.95 and a 12 month high of $6.50. The firm has a market capitalization of $2.35 billion, a P/E ratio of 10.55 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX) last posted 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 return on equity of 0.69% and a net margin of 19.83%. The firm had revenue of $428.40 million during the quarter, compared to the consensus estimate of $437.84 million. The company’s revenue for the quarter was up 50.5% on a year-over-year basis. On average, analysts anticipate that Equinox Gold Corp. will post 0.36 earnings per share for the current year.

About Equinox Gold

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.