JTC Employer Solutions Trustee Ltd Trims Stock Position in Equinox Gold Corp. (NYSEAMERICAN:EQX)

JTC Employer Solutions Trustee Ltd lowered its stake in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) by 15.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 69,125 shares of the company’s stock after selling 13,000 shares during the period. JTC Employer Solutions Trustee Ltd’s holdings in Equinox Gold were worth $347,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Hobbs Group Advisors LLC acquired a new stake in shares of Equinox Gold during the 3rd quarter valued at about $43,000. Veracity Capital LLC acquired a new stake in shares of Equinox Gold during the 3rd quarter valued at about $61,000. Joel Isaacson & Co. LLC acquired a new stake in shares of Equinox Gold during the 3rd quarter valued at about $61,000. Synovus Financial Corp acquired a new stake in shares of Equinox Gold during the 3rd quarter valued at about $61,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Equinox Gold during the 3rd quarter valued at about $110,000. Hedge funds and other institutional investors own 38.85% of the company’s stock.

Equinox Gold Price Performance

Shares of NYSEAMERICAN:EQX traded down $0.29 during trading on Monday, reaching $5.81. 2,894,078 shares of the company’s stock traded hands, compared to its average volume of 6,647,870. 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 quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $2.64 billion, a PE ratio of 11.86 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.09 earnings per share (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 firm had revenue of $428.40 million during the quarter, compared to analyst estimates of $437.84 million. The company’s revenue for the quarter was up 50.5% on a year-over-year basis. As a group, equities analysts expect that Equinox Gold Corp. will post 0.43 EPS for the current fiscal 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.