Equinox Gold Corp. (NYSEAMERICAN:EQX - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $6.27, but opened at $6.47. Equinox Gold shares last traded at $6.49, with a volume of 9,714,515 shares traded.
Analyst Ratings Changes
EQX has been the subject of a number of recent analyst reports. National Bank Financial upgraded shares of Equinox Gold to a "strong-buy" rating in a research note on Friday, March 21st. TD Securities raised shares of Equinox Gold to a "hold" rating in a report on Tuesday, February 4th. Finally, TD Cowen assumed coverage on shares of Equinox Gold in a research note on Tuesday, February 4th. They set a "hold" rating and a $35.00 price target on the stock.
Get Our Latest Report on EQX
Equinox Gold Stock Performance
The stock's 50 day moving average price is $6.64 and its 200 day moving average price is $6.05. 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 company has a market cap of $2.86 billion, a price-to-earnings ratio of 11.63 and a beta of 1.33.
Institutional Trading of Equinox Gold
Institutional investors and hedge funds have recently bought and sold shares of the stock. Tobam acquired a new stake in Equinox Gold during the first quarter worth about $29,000. Continuum Advisory LLC raised its position in shares of Equinox Gold by 53.3% during the first quarter. Continuum Advisory LLC now owns 7,540 shares of the company's stock worth $52,000 after purchasing an additional 2,620 shares during the period. Parvin Asset Management LLC acquired a new stake in Equinox Gold in the 4th quarter valued at approximately $38,000. BNP Paribas Financial Markets bought a new stake in shares of Equinox Gold during the 4th quarter worth approximately $47,000. Finally, Synovus Financial Corp acquired a new stake in shares of Equinox Gold in the third quarter valued at approximately $61,000. Institutional investors and hedge funds own 38.85% of the company's stock.
About Equinox Gold
(
Get Free Report)
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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