Norges Bank acquired a new stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,055,756 shares of the company’s stock, valued at approximately $5,304,000.
Norges Bank owned about 0.23% of Equinox Gold as of its most recent filing with the Securities & Exchange Commission. Other hedge funds have also made changes to their positions in the company.
Vanguard Group Inc. raised its stake in shares of Equinox Gold by 1.7% in the 4th quarter.
Vanguard Group Inc. now owns 13,822,876 shares of the company’s stock valued at $69,626,000 after buying an additional 236,455 shares in the last quarter. Amundi raised its position in Equinox Gold by 19.
7% in the fourth quarter. Amundi now owns 2,885,004 shares of the company’s stock worth $14,483,000 after purchasing an additional 474,361 shares in the last quarter. National Bank of Canada FI grew 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. American Century Companies Inc.
grew its position in Equinox Gold by 23.9% in the fourth quarter. American Century Companies Inc.
now owns 1,943,677 shares of the company’s stock valued at $9,790,000 after acquiring an additional 374,579 shares during the period. Finally, Helikon Investments Ltd acquired a new position in shares of Equinox Gold in the 4th quarter worth approximately $8,559,000. Institutional investors own 38.
85% of the company’s stock. Equinox Gold Stock Up 9.8 %Shares of Equinox Gold stock opened at $6.
25 on Thursday. Equinox Gold Corp. has a 12 month low of $4.
48 and a 12 month high of $7.24. The business has a fifty day simple moving average of $6.
57 and a 200 day simple moving average of $5.94. The company has a quick ratio of 0.
33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37.
The stock has a market cap of $2.85 billion, a PE ratio of 11.57 and a beta of 1.
33. Wall Street Analysts Forecast GrowthSeveral equities analysts recently issued reports on the company. National Bank Financial upgraded Equinox Gold to a “strong-buy” rating in a report on Friday, March 21st.
TD Securities raised shares of Equinox Gold to a “hold” rating in a research note on Tuesday, February 4th. Finally, TD Cowen initiated coverage on shares of Equinox Gold in a research note on Tuesday, February 4th. They set a “hold” rating and a $35.
00 price target for the company.View Our Latest Stock Report on EQXEquinox Gold Company Profile (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.Further ReadingFive stocks we like better than Equinox GoldHow to Calculate Inflation RateQuantum Computing: The $6.
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Norges Bank Makes New $5.30 Million Investment in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Norges Bank acquired a new stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,055,756 shares of the company’s stock, valued at approximately $5,304,000. Norges Bank owned about 0.23% of [...]