Equinox Gold Corp. (NYSEAMERICAN:EQX) Shares Acquired by Toronto Dominion Bank

Toronto Dominion Bank lifted its stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) by 118.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 287,816 shares of the company's stock after buying an additional 155,815 shares during the quarter. Toronto Dominion Bank owned 0.06% of Equinox Gold worth $1,447,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Parvin Asset Management LLC purchased a new stake in Equinox Gold during the 4th quarter worth approximately $38,000. BNP Paribas Financial Markets acquired a new position in shares of Equinox Gold in the 4th quarter worth approximately $47,000. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Equinox Gold in the 4th quarter worth approximately $50,000. Gamco Investors INC. ET AL acquired a new position in shares of Equinox Gold in the 4th quarter worth approximately $56,000. Finally, Kiker Wealth Management LLC acquired a new position in shares of Equinox Gold in the 4th quarter worth approximately $58,000. 38.85% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on EQX shares. National Bank Financial upgraded Equinox Gold to a "strong-buy" rating in a research report on Friday, March 21st. TD Securities upgraded Equinox Gold to a "hold" rating in a research report on Tuesday, February 4th. Finally, TD Cowen started coverage on Equinox Gold in a research report on Tuesday, February 4th. They issued a "hold" rating and a $35.00 target price for the company.

Equinox Gold Stock Performance

NYSEAMERICAN:EQX traded down $0.08 during midday trading on Thursday, reaching $6.60. 2,068,697 shares of the company traded hands, compared to its average volume of 6,230,281. Equinox Gold Corp. has a twelve month low of $4.48 and a twelve month high of $7.45. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33. The company has a fifty day moving average price of $6.56 and a 200 day moving average price of $6.09. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 12.21 and a beta of 1.33.

Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.19). Equinox Gold had a net margin of 17.81% and a return on equity of 3.20%. The firm had revenue of $423.72 million for the quarter, compared to analyst estimates of $404.00 million. During the same period last year, the firm posted ($0.13) EPS. The business's revenue was up 75.6% compared to the same quarter last year. On average, analysts expect that Equinox Gold Corp. will post 0.85 EPS for the current fiscal year.

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.