912,113 Shares in Equinox Gold Corp. (NYSEAMERICAN:EQX) Bought by Wellington Management Group LLP

Wellington Management Group LLP purchased a new stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 912,113 shares of the company’s stock, valued at approximately $5,570,000. Wellington Management Group LLP owned approximately 0.20% of Equinox Gold at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Cetera Advisors LLC bought a new position in shares of Equinox Gold in the first quarter valued at approximately $144,000. Raymond James & Associates boosted its holdings in Equinox Gold by 0.8% during the 2nd quarter. Raymond James & Associates now owns 645,727 shares of the company’s stock worth $3,377,000 after acquiring an additional 5,143 shares during the last quarter. Parsons Capital Management Inc. RI grew its stake in shares of Equinox Gold by 166.7% in the 2nd quarter. Parsons Capital Management Inc. RI now owns 40,000 shares of the company’s stock worth $209,000 after acquiring an additional 25,000 shares in the last quarter. Continuum Advisory LLC purchased a new stake in shares of Equinox Gold in the second quarter valued at about $29,000. Finally, U S Global Investors Inc. lifted its position in shares of Equinox Gold by 175.0% during the second quarter. U S Global Investors Inc. now owns 550,000 shares of the company’s stock valued at $2,876,000 after purchasing an additional 350,000 shares in the last quarter. 38.85% of the stock is owned by institutional investors.

Equinox Gold Stock Down 1.0 %

Shares of EQX opened at $5.48 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33. Equinox Gold Corp. has a 12 month low of $3.95 and a 12 month high of $6.50. The company has a market cap of $2.49 billion, a P/E ratio of 11.17 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX) last announced its quarterly earnings data 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 return on equity of 0.69% and a net margin of 19.83%. The company had revenue of $428.40 million during the quarter, compared to the consensus estimate of $437.84 million. The firm’s revenue for the quarter was up 50.5% compared to the same quarter last year. Research analysts predict that Equinox Gold Corp. will post 0.38 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.