Wilmington Savings Fund Society FSB Invests $110,000 in Equinox Gold Corp. (NYSEAMERICAN:EQX)

Wilmington Savings Fund Society FSB acquired a new stake in Equinox Gold Corp. (NYSEAMERICAN:EQX) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,000 shares of the company’s stock, valued at approximately $110,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Van ECK Associates Corp increased its stake in shares of Equinox Gold by 7.7% during the 3rd quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock valued at $247,549,000 after acquiring an additional 2,954,174 shares during the last quarter. Donald Smith & CO. Inc. grew its holdings in Equinox Gold by 35.5% in the third quarter. Donald Smith & CO. Inc. now owns 18,050,439 shares of the company’s stock valued at $109,927,000 after purchasing an additional 4,727,570 shares during the period. Maple Rock Capital Partners Inc. increased its position in Equinox Gold by 34.4% during the third 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. Mackenzie Financial Corp raised its stake in Equinox Gold by 54.6% during the second quarter. Mackenzie Financial Corp now owns 8,953,104 shares of the company’s stock worth $46,732,000 after purchasing an additional 3,162,992 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Equinox Gold by 8.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 7,805,581 shares of the company’s stock valued at $40,824,000 after purchasing an additional 597,182 shares during the last quarter. Hedge funds and other institutional investors own 38.85% of the company’s stock.

Equinox Gold Stock Performance

EQX stock opened at $5.06 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33. The firm has a market cap of $2.30 billion, a PE ratio of 10.33 and a beta of 1.31. Equinox Gold Corp. has a 52 week low of $3.95 and a 52 week high of $6.50.

Equinox Gold (NYSEAMERICAN:EQX) last announced its quarterly 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). The firm had revenue of $428.40 million for the quarter, compared to analyst estimates of $437.84 million. Equinox Gold had a return on equity of 0.69% and a net margin of 19.83%. The business’s revenue was up 50.5% compared to the same quarter last year. Research analysts expect that Equinox Gold Corp. will post 0.38 EPS for the current year.

About Equinox Gold

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.