Equinox Gold Corp. (NYSEAMERICAN:EQX – Free Report) – Investment analysts at Cormark decreased their Q4 2024 earnings estimates for Equinox Gold in a research note issued to investors on Monday, October 21st. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.15 for the quarter, down from their prior estimate of $0.23. The consensus estimate for Equinox Gold’s current full-year earnings is $0.41 per share.
Equinox Gold Trading Up 2.3 %
EQX stock opened at $6.02 on Thursday. Equinox Gold has a 12-month low of $3.95 and a 12-month high of $6.50. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.10 and a quick ratio of 0.45. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 12.03 and a beta of 1.31.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Kings Path Partners LLC bought a new position in shares of Equinox Gold during the 2nd quarter valued at $27,000. Continuum Advisory LLC bought a new position in shares of Equinox Gold during the 2nd quarter valued at $29,000. Joel Isaacson & Co. LLC bought a new position in Equinox Gold in the 3rd quarter worth $61,000. Veracity Capital LLC bought a new position in Equinox Gold in the 3rd quarter worth $61,000. Finally, Advisor Resource Council bought a new position in Equinox Gold in the 1st quarter worth $76,000. Institutional investors own 38.85% of the company’s stock.
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.
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