Euro Pacific Asset Management LLC Has $10.75 Million Stock Position in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Euro Pacific Asset Management LLC trimmed its stake in Equinox Gold Corp. (NYSEAMERICAN:EQX) by 22.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,135,110 shares of the company’s stock after selling 624,880 shares during the period. Equinox Gold accounts for about 2.3% of Euro Pacific Asset Management LLC’s investment portfolio, making the stock its 20th largest position. Euro Pacific Asset Management LLC’s holdings in Equinox Gold were worth $10,751,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Hobbs Group Advisors LLC acquired a new position in shares of Equinox Gold during the third quarter valued at about $43,000. Joel Isaacson & Co. LLC bought a new stake in Equinox Gold during the 3rd quarter worth approximately $61,000. Synovus Financial Corp bought a new stake in shares of Equinox Gold during the third quarter worth $61,000. Veracity Capital LLC bought a new stake in Equinox Gold during the 3rd quarter worth about $61,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Equinox Gold in the third quarter valued at approximately $110,000. Institutional investors own 38.85% of the company’s stock.

Equinox Gold Stock Performance

EQX stock opened at $5.87 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. The firm has a market cap of $2.67 billion, a PE ratio of 11.98 and a beta of 1.30. Equinox Gold Corp. has a twelve month low of $3.95 and a twelve month high of $6.50.

Equinox Gold (NYSEAMERICAN:EQX) last released its earnings results on Wednesday, November 6th. The company reported $0.09 EPS 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 firm’s revenue was up 50.5% on a year-over-year basis. On average, research analysts expect that Equinox Gold Corp. will post 0.36 EPS 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.