1 week Ago By Defense World Staff
Equinox Gold Corp. (NYSEAMERICAN:EQX – Get Free Report) saw strong trading volume on Friday . 5,946,381 shares changed hands during trading, an increase of 13% from the previous session’s volume of 5,270,453 shares.
The stock last traded at $6.80 and had previously closed at $6.49.
Analyst Upgrades and DowngradesEQX has been the subject of a number of research analyst reports. National Bank Financial upgraded Equinox Gold to a “strong-buy” rating in a research note on Friday, March 21st. TD Cowen started coverage on shares of Equinox Gold in a research report on Tuesday, February 4th.
They issued a “hold” rating and a $35.00 price objective for the company. Finally, TD Securities raised shares of Equinox Gold to a “hold” rating in a research report on Tuesday, February 4th.
Read Our Latest Report on Equinox GoldEquinox Gold Trading Up 5.1 %The stock has a 50-day simple moving average of $6.61 and a 200 day simple moving average of $5.
95. 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 company has a market cap of $3.
11 billion, a price-to-earnings ratio of 12.63 and a beta of 1.33.
Institutional Trading of Equinox GoldSeveral institutional investors and hedge funds have recently bought and sold shares of the business. Donald Smith & CO. Inc.
boosted its stake in shares of Equinox Gold by 49.6% in the fourth quarter. Donald Smith & CO.
Inc. now owns 26,999,983 shares of the company’s stock worth $135,540,000 after buying an additional 8,949,544 shares during the last quarter. Invesco Ltd.
lifted its holdings in Equinox Gold by 41.3% in the fourth quarter. Invesco Ltd.
now owns 9,029,240 shares of the company’s stock valued at $45,327,000 after acquiring an additional 2,640,109 shares during the period. Phoenix Financial Ltd. purchased a new stake in Equinox Gold in the 4th quarter worth approximately $11,044,000.
Mackenzie Financial Corp grew its stake in shares of Equinox Gold by 42.6% during the 4th quarter. Mackenzie Financial Corp now owns 7,008,149 shares of the company’s stock worth $35,260,000 after purchasing an additional 2,093,437 shares during the period.
Finally, Helikon Investments Ltd purchased a new position in shares of Equinox Gold during the 4th quarter valued at approximately $8,559,000. 38.85% of the stock is currently owned by institutional investors and hedge funds.
Equinox Gold Company Profile (Get Free Report)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 StoriesFive stocks we like better than Equinox GoldTransportation Stocks InvestingRobinhood Strategies Could Be a Game-Changer for Young InvestorsWhat Are Earnings Reports?Are These 3 Retail Stocks Oversold or Really in Trouble?10 Best Airline Stocks to BuyIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead.
