Anson Funds Management LP Acquires New Shares in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Anson Funds Management LP purchased a new stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 150,000 shares of the company's stock, valued at approximately $753,000.

A number of other institutional investors and hedge funds have also bought and sold shares of EQX. Pictet Asset Management Holding SA raised its holdings in Equinox Gold by 3.3% in the fourth quarter. Pictet Asset Management Holding SA now owns 61,193 shares of the company's stock worth $308,000 after purchasing an additional 1,956 shares in the last quarter. Wells Fargo & Company MN lifted its position in Equinox Gold by 16.3% during the fourth quarter. Wells Fargo & Company MN now owns 20,358 shares of the company's stock valued at $102,000 after acquiring an additional 2,855 shares during the last quarter. Kohmann Bosshard Financial Services LLC boosted its stake in Equinox Gold by 10.6% in the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 36,000 shares of the company's stock valued at $181,000 after acquiring an additional 3,450 shares in the last quarter. Northwest & Ethical Investments L.P. grew its holdings in Equinox Gold by 22.1% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 30,224 shares of the company's stock worth $152,000 after purchasing an additional 5,474 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Equinox Gold by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 178,818 shares of the company's stock worth $911,000 after purchasing an additional 6,351 shares in the last quarter. 38.85% of the stock is owned by institutional investors.

Equinox Gold Stock Performance

Shares of EQX stock traded down $0.60 during trading hours on Thursday, hitting $6.23. The company's stock had a trading volume of 18,387,831 shares, compared to its average volume of 10,224,336. The stock has a market cap of $2.84 billion, a PE ratio of 11.54 and a beta of 1.33. The company has a 50 day moving average of $6.64 and a 200 day moving average of $6.05. Equinox Gold Corp. has a 12-month low of $4.48 and a 12-month high of $7.45. The company has a current ratio of 0.85, a quick ratio of 0.33 and a debt-to-equity ratio of 0.37.

Analyst Ratings Changes

Several brokerages have weighed in on EQX. National Bank Financial raised Equinox Gold to a "strong-buy" rating in a report on Friday, March 21st. TD Cowen started coverage on shares of Equinox Gold in a research report on Tuesday, February 4th. They set a "hold" rating and a $35.00 target price on the stock. Finally, TD Securities upgraded shares of Equinox Gold to a "hold" rating in a research note on Tuesday, February 4th.

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.