JTC Employer Solutions Trustee Ltd Trims Stock Holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX)

JTC Employer Solutions Trustee Ltd trimmed its holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX) by 15.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 69,125 shares of the company’s stock after selling 13,000 shares during the quarter. JTC Employer Solutions Trustee Ltd’s holdings in Equinox Gold were worth $347,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Donald Smith & CO. Inc. grew its stake in Equinox Gold by 35.5% in the third quarter. Donald Smith & CO. Inc. now owns 18,050,439 shares of the company’s stock worth $109,927,000 after purchasing an additional 4,727,570 shares in the last quarter. Mackenzie Financial Corp grew its stake in Equinox Gold by 54.6% in the second quarter. Mackenzie Financial Corp now owns 8,953,104 shares of the company’s stock worth $46,732,000 after purchasing an additional 3,162,992 shares in the last quarter. Van ECK Associates Corp grew its stake in Equinox Gold by 7.7% in the third quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock worth $247,549,000 after purchasing an additional 2,954,174 shares in the last quarter. Maple Rock Capital Partners Inc. grew its stake in Equinox Gold by 34.4% in the third quarter. Maple Rock Capital Partners Inc. now owns 9,169,400 shares of the company’s stock worth $55,842,000 after purchasing an additional 2,349,000 shares in the last quarter. Finally, Wellington Management Group LLP bought a new position in Equinox Gold in the third quarter worth approximately $5,570,000. 38.85% of the stock is currently owned by hedge funds and other institutional investors.

Equinox Gold Stock Down 4.8 %

NYSEAMERICAN EQX traded down $0.29 during midday trading on Monday, hitting $5.81. 2,894,078 shares of the company traded hands, compared to its average volume of 6,647,870. 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 stock has a market capitalization of $2.64 billion, a PE ratio of 11.86 and a beta of 1.31. Equinox Gold Corp. has a 52 week low of $3.95 and a 52 week high of $6.50.

Equinox Gold (NYSEAMERICAN:EQX) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The business had revenue of $428.40 million during the quarter, compared to analyst estimates of $437.84 million. Equinox Gold had a return on equity of 0.69% and a net margin of 19.83%. Equinox Gold’s revenue for the quarter was up 50.5% on a year-over-year basis. As a group, analysts expect that Equinox Gold Corp. will post 0.43 EPS for the current fiscal 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.