CenterBook Partners LP Has $15.03 Million Stock Position in Equinox Gold Corp. (NYSEAMERICAN:EQX)

CenterBook Partners LP lowered its holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) by 14.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,993,024 shares of the company's stock after selling 522,978 shares during the period. Equinox Gold makes up 0.9% of CenterBook Partners LP's holdings, making the stock its 16th biggest holding. CenterBook Partners LP owned approximately 0.66% of Equinox Gold worth $15,025,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of EQX. Stifel Financial Corp purchased a new position in shares of Equinox Gold in the 3rd quarter valued at $1,388,000. Wellington Management Group LLP acquired a new stake in shares of Equinox Gold during the third quarter worth about $5,570,000. National Bank of Canada FI lifted its holdings in shares of Equinox Gold by 15.3% in the 3rd quarter. National Bank of Canada FI now owns 2,288,413 shares of the company's stock valued at $13,938,000 after purchasing an additional 303,904 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Equinox Gold in the 3rd quarter valued at about $231,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Equinox Gold during the 3rd quarter worth approximately $243,000. Hedge funds and other institutional investors own 38.85% of the company's stock.

Analyst Ratings Changes

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

Equinox Gold Price Performance

Shares of Equinox Gold stock traded up $0.10 during trading on Monday, hitting $6.92. The stock had a trading volume of 7,420,656 shares, compared to its average volume of 5,335,685. The business has a fifty day moving average of $6.61 and a two-hundred day moving average of $5.95. The firm has a market cap of $3.15 billion, a P/E ratio of 12.81 and a beta of 1.33. Equinox Gold Corp. has a fifty-two week low of $4.48 and a fifty-two week high of $7.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33.

Equinox Gold 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.