Equinox Gold Corp. (NYSEAMERICAN:EQX) Shares Sold by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. trimmed its holdings in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) by 41.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 817,048 shares of the company's stock after selling 579,452 shares during the period. Hillsdale Investment Management Inc. owned approximately 0.26% of Equinox Gold worth $3,973,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Donald Smith & CO. Inc. lifted its stake in shares of Equinox Gold by 52.1% in the 4th quarter. Donald Smith & CO. Inc. now owns 9,530,311 shares of the company's stock valued at $46,603,000 after purchasing an additional 3,262,602 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of Equinox Gold during the fourth quarter worth $11,742,000. Norges Bank purchased a new stake in shares of Equinox Gold during the fourth quarter worth $9,111,000. Mackenzie Financial Corp grew its holdings in shares of Equinox Gold by 58.6% during the fourth quarter. Mackenzie Financial Corp now owns 4,401,254 shares of the company's stock worth $21,401,000 after buying an additional 1,625,994 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Equinox Gold by 3,396.3% during the third quarter. American Century Companies Inc. now owns 1,397,829 shares of the company's stock worth $5,904,000 after buying an additional 1,357,849 shares in the last quarter. 38.85% of the stock is currently owned by institutional investors and hedge funds.

Equinox Gold Trading Up 2.5 %

Shares of EQX stock traded up $0.14 on Monday, hitting $5.80. 2,964,889 shares of the stock traded hands, compared to its average volume of 2,963,900. The company has a current ratio of 1.17, a quick ratio of 0.49 and a debt-to-equity ratio of 0.27. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of -64.44 and a beta of 1.33. Equinox Gold Corp. has a twelve month low of $3.95 and a twelve month high of $6.50.

Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.03. The firm had revenue of $297.80 million for the quarter. Equinox Gold had a negative net margin of 2.85% and a positive return on equity of 0.43%. As a group, equities analysts predict that Equinox Gold Corp. will post 0.31 earnings per share for the current year.

Analyst Ratings Changes

EQX has been the subject of a number of research reports. Desjardins raised shares of Equinox Gold from a "hold" rating to a "buy" rating in a report on Tuesday, January 30th. National Bank Financial raised shares of Equinox Gold from a "sector perform spec overwgt" rating to an "outperform overweight" rating in a report on Friday, April 26th.

About Equinox Gold

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.