Equinox Gold Corp. (NYSEAMERICAN:EQX) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) by 8.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,160,605 shares of the company's stock after buying an additional 750,300 shares during the period. Dimensional Fund Advisors LP owned about 2.01% of Equinox Gold worth $45,985,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Marshall Wace LLP lifted its stake in Equinox Gold by 77.7% during the fourth quarter. Marshall Wace LLP now owns 29,740 shares of the company's stock worth $149,000 after purchasing an additional 13,004 shares during the last quarter. Gamco Investors INC. ET AL purchased a new position in shares of Equinox Gold in the 4th quarter valued at $56,000. XTX Topco Ltd raised its stake in Equinox Gold by 284.9% during the 4th quarter. XTX Topco Ltd now owns 145,847 shares of the company's stock worth $732,000 after acquiring an additional 107,959 shares in the last quarter. Mariner LLC acquired a new position in Equinox Gold in the fourth quarter valued at $128,000. Finally, Phoenix Financial Ltd. purchased a new position in shares of Equinox Gold during the fourth quarter worth about $11,044,000. Institutional investors and hedge funds own 38.85% of the company's stock.

Analysts Set New Price Targets

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

Equinox Gold Stock Performance

NYSEAMERICAN:EQX traded up $0.38 during mid-day trading on Tuesday, reaching $6.90. The stock had a trading volume of 16,676,727 shares, compared to its average volume of 5,708,681. Equinox Gold Corp. has a twelve month low of $4.48 and a twelve month high of $7.45. The business has a 50 day simple moving average of $6.64 and a 200 day simple moving average of $6.04. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of 12.78 and a beta of 1.33. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.33 and a current ratio of 0.85.

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.