Equinox Gold Corp. (NYSEAMERICAN:EQX) Shares Acquired by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. increased its stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) by 22.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,224 shares of the company’s stock after purchasing an additional 5,474 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in Equinox Gold were worth $152,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of EQX. Hobbs Group Advisors LLC purchased a new stake in shares of Equinox Gold in the 3rd quarter valued at approximately $43,000. Generali Investments CEE investicni spolecnost a.s. purchased a new position in Equinox Gold in the fourth quarter valued at $50,000. Synovus Financial Corp acquired a new stake in Equinox Gold in the third quarter valued at $61,000. Choreo LLC purchased a new stake in Equinox Gold during the 4th quarter worth about $63,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Equinox Gold during the 3rd quarter worth about $110,000. Hedge funds and other institutional investors own 38.85% of the company’s stock.

Equinox Gold Price Performance

NYSEAMERICAN EQX opened at $6.84 on Friday. The company has a fifty day moving average of $6.34. The firm has a market capitalization of $3.12 billion, a P/E ratio of 12.67 and a beta of 1.33. Equinox Gold Corp. has a 1 year low of $4.48 and a 1 year high of $7.22. The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. TD Cowen began coverage on Equinox Gold in a research note on Tuesday, February 4th. They set a “hold” rating and a $35.00 target price for the company. TD Securities raised shares of Equinox Gold to a “hold” rating in a report on Tuesday, February 4th.

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.