Equinox Gold Corp. (NYSEAMERICAN:EQX – Get Free Report)’s stock price traded up 2.7% during trading on Wednesday . The stock traded as high as $5.99 and last traded at $5.99. 278,908 shares were traded during mid-day trading, a decline of 88% from the average session volume of 2,339,970 shares. The stock had previously closed at $5.83.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Desjardins raised Equinox Gold from a “hold” rating to a “buy” rating in a report on Tuesday, January 30th. National Bank Financial reissued a “sector perform spec overwgt” rating on shares of Equinox Gold in a research note on Monday, April 8th.
Read Our Latest Stock Report on Equinox Gold
Equinox Gold Trading Down 0.3 %
Equinox Gold (NYSEAMERICAN:EQX – Get Free Report) last posted its earnings results on Wednesday, February 21st. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.03. Equinox Gold had a net margin of 2.65% and a return on equity of 0.69%. The company had revenue of $297.80 million for the quarter. Equities analysts forecast that Equinox Gold Corp. will post 0.12 earnings per share for the current fiscal year.
Institutional Trading of Equinox Gold
A number of large investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP grew its position in shares of Equinox Gold by 20,288.1% in the first quarter. Quantbot Technologies LP now owns 8,563 shares of the company’s stock valued at $70,000 after purchasing an additional 8,521 shares during the last quarter. &PARTNERS bought a new position in Equinox Gold during the 1st quarter worth $60,000. Everett Harris & Co. CA acquired a new stake in shares of Equinox Gold during the fourth quarter worth $52,000. First Trust Advisors LP bought a new stake in shares of Equinox Gold in the first quarter valued at about $97,000. Finally, Deutsche Bank AG acquired a new position in shares of Equinox Gold in the fourth quarter valued at about $41,000. Institutional investors and hedge funds own 38.85% of the company’s stock.
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.
See Also
- Five stocks we like better than Equinox Gold
- With Risk Tolerance, One Size Does Not Fit All
- Taiwan Semiconductor Earnings: AI Dominance and Future Outlook
- What is the Australian Securities Exchange (ASX)
- Comprehensive PepsiCo Stock Analysis
- ESG Stocks, What Investors Should Know
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
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.