Stifel Financial Corp Invests $1.39 Million in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Stifel Financial Corp bought a new position in Equinox Gold Corp. (NYSEAMERICAN:EQX) during the 3rd quarter, Holdings Channel reports. The firm bought 227,947 shares of the company’s stock, valued at approximately $1,388,000.

Other large investors have also bought and sold shares of the company. Quadrature Capital Ltd bought a new stake in shares of Equinox Gold during the third quarter worth $1,343,000. Maple Rock Capital Partners Inc. raised its holdings in Equinox Gold by 34.4% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 9,169,400 shares of the company’s stock worth $55,842,000 after purchasing an additional 2,349,000 shares during the last quarter. Northwest & Ethical Investments L.P. lifted its position in Equinox Gold by 20.4% during the 3rd quarter. Northwest & Ethical Investments L.P. now owns 24,750 shares of the company’s stock valued at $151,000 after purchasing an additional 4,198 shares during the period. Quantbot Technologies LP bought a new position in shares of Equinox Gold in the 3rd quarter valued at about $684,000. Finally, The Manufacturers Life Insurance Company grew its position in shares of Equinox Gold by 212.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 932,050 shares of the company’s stock worth $5,681,000 after buying an additional 634,210 shares during the period. 38.85% of the stock is currently owned by institutional investors.

Equinox Gold Price Performance

EQX opened at $5.16 on Friday. Equinox Gold Corp. has a fifty-two week low of $3.95 and a fifty-two week high of $6.50. The company has a market cap of $2.35 billion, a P/E ratio of 10.53 and a beta of 1.31. The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37.

Equinox Gold (NYSEAMERICAN:EQX) last issued its earnings results on Wednesday, November 6th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01). Equinox Gold had a net margin of 19.83% and a return on equity of 0.69%. The business had revenue of $428.40 million for the quarter, compared to the consensus estimate of $437.84 million. The company’s revenue for the quarter was up 50.5% on a year-over-year basis. Analysts forecast that Equinox Gold Corp. will post 0.38 EPS for the current year.

Equinox Gold 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.