SG Americas Securities LLC Has $1.71 Million Stock Holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX)

SG Americas Securities LLC lowered its position in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) by 4.0% in the fourth quarter, HoldingsChannel reports. The fund owned 340,417 shares of the company’s stock after selling 14,315 shares during the period. SG Americas Securities LLC’s holdings in Equinox Gold were worth $1,709,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in EQX. Dimensional Fund Advisors LP boosted its holdings in Equinox Gold by 8.3% during the second quarter. Dimensional Fund Advisors LP now owns 7,805,581 shares of the company’s stock worth $40,824,000 after purchasing an additional 597,182 shares during the last quarter. Evergreen Capital Management LLC lifted its position in Equinox Gold by 30.2% during the 2nd quarter. Evergreen Capital Management LLC now owns 21,559 shares of the company’s stock worth $113,000 after buying an additional 5,000 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of Equinox Gold by 5.9% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 199,795 shares of the company’s stock worth $1,043,000 after buying an additional 11,186 shares during the last quarter. Squarepoint Ops LLC bought a new position in shares of Equinox Gold in the 2nd quarter valued at about $116,000. Finally, The Manufacturers Life Insurance Company increased its position in shares of Equinox Gold by 26.2% in the second quarter. The Manufacturers Life Insurance Company now owns 297,840 shares of the company’s stock valued at $1,552,000 after acquiring an additional 61,774 shares during the last quarter. 38.85% of the stock is owned by institutional investors.

Equinox Gold Price Performance

Shares of NYSEAMERICAN EQX opened at $5.87 on Monday. The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37. The company has a market cap of $2.67 billion, a P/E ratio of 11.98 and a beta of 1.30. Equinox Gold Corp. has a 52 week low of $3.95 and a 52 week high of $6.50.

Equinox Gold (NYSEAMERICAN:EQX) last issued its earnings results on Wednesday, November 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). Equinox Gold had a return on equity of 0.69% and a net margin of 19.83%. The firm had revenue of $428.40 million for the quarter, compared to analyst estimates of $437.84 million. The business’s revenue for the quarter was up 50.5% compared to the same quarter last year. As a group, sell-side analysts predict that Equinox Gold Corp. will post 0.36 earnings per share for the current 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.