Optiver Holding B.V. Purchases Shares of 134,323 Equinox Gold Corp. $EQX

Optiver Holding B.V. acquired a new position in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX) during the third quarter, Holdings Channel reports. The institutional investor acquired 134,323 shares of the company’s stock, valued at approximately $1,506,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EQX. Rathbones Group PLC increased its holdings in Equinox Gold by 1.7% during the 2nd quarter. Rathbones Group PLC now owns 109,993 shares of the company’s stock worth $633,000 after purchasing an additional 1,864 shares during the period. Kohmann Bosshard Financial Services LLC grew its position in shares of Equinox Gold by 5.6% during the second quarter. Kohmann Bosshard Financial Services LLC now owns 38,000 shares of the company’s stock worth $218,000 after buying an additional 2,000 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of Equinox Gold by 13.2% during the second quarter. TD Waterhouse Canada Inc. now owns 17,923 shares of the company’s stock worth $103,000 after buying an additional 2,091 shares during the period. Envestnet Asset Management Inc. raised its holdings in Equinox Gold by 8.1% in the third quarter. Envestnet Asset Management Inc. now owns 40,664 shares of the company’s stock valued at $456,000 after acquiring an additional 3,036 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in Equinox Gold by 3.2% in the third quarter. PNC Financial Services Group Inc. now owns 100,804 shares of the company’s stock valued at $1,131,000 after acquiring an additional 3,084 shares in the last quarter. 38.85% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EQX has been the subject of several analyst reports. Stifel Nicolaus started coverage on shares of Equinox Gold in a report on Tuesday, December 2nd. They set a “buy” rating for the company. Scotiabank reiterated an “outperform” rating on shares of Equinox Gold in a research note on Monday, January 26th. Canadian Imperial Bank of Commerce raised Equinox Gold from a “hold” rating to a “strong-buy” rating in a report on Monday. BMO Capital Markets restated an “outperform” rating on shares of Equinox Gold in a research note on Tuesday, January 27th. Finally, Zacks Research raised Equinox Gold from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $17.00.

Equinox Gold Trading Down 2.3%

NYSEAMERICAN EQX opened at $18.11 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.56 and a quick ratio of 1.27. The firm’s fifty day moving average price is $15.20 and its 200 day moving average price is $12.56. The company has a market capitalization of $14.25 billion, a price-to-earnings ratio of 75.46 and a beta of 1.24. Equinox Gold Corp. has a 12 month low of $5.59 and a 12 month high of $18.96.

Equinox Gold Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a dividend of $0.015 per share. The ex-dividend date is Thursday, March 12th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.3%.

Equinox Gold Company Profile

Equinox Gold Corp is a Canadian gold mining company headquartered in Vancouver, British Columbia. The company focuses on the acquisition, development, and operation of gold properties, with an emphasis on open-pit heap leach mining. Since its inception, Equinox Gold has pursued a strategy of combining assets in established jurisdictions to build a diversified portfolio that balances production and growth, while maintaining rigorous safety and environmental standards.

Equinox Gold’s operating portfolio spans three countries.