Equinox Gold Corp. (NYSEAMERICAN:EQX – Free Report) – Stock analysts at National Bank Financial issued their FY2027 EPS estimates for Equinox Gold in a report released on Tuesday, February 25th. National Bank Financial analyst M. Parkin forecasts that the company will post earnings per share of $1.17 for the year. The consensus estimate for Equinox Gold’s current full-year earnings is $0.85 per share.
Several other equities analysts have also recently weighed in on EQX. TD Cowen started coverage on shares of Equinox Gold in a research note on Tuesday, February 4th. They set a “hold” rating and a $35.00 target price for the company. TD Securities raised shares of Equinox Gold to a “hold” rating in a research note on Tuesday, February 4th.
Equinox Gold Price Performance
Shares of NYSEAMERICAN EQX opened at $6.39 on Thursday. The firm has a market capitalization of $2.91 billion, a PE ratio of 11.83 and a beta of 1.33. Equinox Gold has a 1 year low of $3.95 and a 1 year high of $7.22. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33.
Institutional Investors Weigh In On Equinox Gold
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Donald Smith & CO. Inc. increased its position in Equinox Gold by 35.5% during the 3rd quarter. Donald Smith & CO. Inc. now owns 18,050,439 shares of the company’s stock valued at $109,927,000 after purchasing an additional 4,727,570 shares during the period. Van ECK Associates Corp increased its position in Equinox Gold by 7.7% during the 3rd quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock valued at $247,549,000 after purchasing an additional 2,954,174 shares during the period. Intact Investment Management Inc. increased its position in Equinox Gold by 70.3% during the 3rd quarter. Intact Investment Management Inc. now owns 188,000 shares of the company’s stock valued at $1,147,000 after purchasing an additional 77,600 shares during the period. Harvest Portfolios Group Inc. increased its position in Equinox Gold by 5.2% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 108,963 shares of the company’s stock valued at $665,000 after purchasing an additional 5,418 shares during the period. Finally, Hollencrest Capital Management increased its position in Equinox Gold by 12.4% during the 3rd quarter. Hollencrest Capital Management now owns 140,398 shares of the company’s stock valued at $855,000 after purchasing an additional 15,436 shares during the period. Institutional investors own 38.85% of the company’s stock.
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.
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