Edmond DE Rothschild Holding S.A. Grows Stock Position in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Edmond DE Rothschild Holding S.A. boosted its position in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) by 8.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 233,360 shares of the company’s stock after buying an additional 19,059 shares during the quarter. Edmond DE Rothschild Holding S.A. owned 0.05% of Equinox Gold worth $1,174,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in EQX. Hobbs Group Advisors LLC bought a new stake in shares of Equinox Gold during the 3rd quarter worth approximately $43,000. Synovus Financial Corp bought a new stake in shares of Equinox Gold during the third quarter worth $61,000. Generali Investments CEE investicni spolecnost a.s. bought a new stake in shares of Equinox Gold during the fourth quarter worth $50,000. Kiker Wealth Management LLC purchased a new stake in shares of Equinox Gold during the fourth quarter valued at $58,000. Finally, Choreo LLC bought a new position in shares of Equinox Gold in the fourth quarter worth about $63,000. Hedge funds and other institutional investors own 38.85% of the company’s stock.

Wall Street Analyst Weigh In

EQX has been the subject of a number of research reports. National Bank Financial upgraded Equinox Gold to a “strong-buy” rating in a report on Friday, March 21st. TD Securities upgraded Equinox Gold to a “hold” rating in a report on Tuesday, February 4th. Finally, TD Cowen started coverage on Equinox Gold in a research note on Tuesday, February 4th. They set a “hold” rating and a $35.00 price target on the stock.

Equinox Gold Stock Performance

EQX stock opened at $6.71 on Wednesday. Equinox Gold Corp. has a one year low of $4.48 and a one year high of $7.24. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 12.43 and a beta of 1.33. 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 firm’s 50-day moving average price is $6.53.

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.