Equinox Gold Corp. (NYSEAMERICAN:EQX) Holdings Boosted by Donald Smith & CO. Inc.

Donald Smith & CO. Inc. boosted its holdings in Equinox Gold Corp. (NYSEAMERICAN:EQX) by 27.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,322,869 shares of the company’s stock after acquiring an additional 2,873,059 shares during the period. Equinox Gold comprises about 1.8% of Donald Smith & CO. Inc.’s investment portfolio, making the stock its 23rd biggest holding. Donald Smith & CO. Inc.’s holdings in Equinox Gold were worth $69,679,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Kings Path Partners LLC bought a new stake in shares of Equinox Gold during the second quarter valued at approximately $27,000. Continuum Advisory LLC bought a new stake in shares of Equinox Gold during the second quarter valued at approximately $29,000. &PARTNERS bought a new stake in shares of Equinox Gold during the first quarter valued at approximately $60,000. Advisor Resource Council acquired a new position in shares of Equinox Gold during the first quarter valued at approximately $76,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in shares of Equinox Gold during the fourth quarter valued at approximately $80,000. Institutional investors own 38.85% of the company’s stock.

Equinox Gold Trading Up 1.4 %

NYSEAMERICAN EQX opened at $6.31 on Monday. Equinox Gold Corp. has a 12 month low of $3.95 and a 12 month high of $6.50. The company has a current ratio of 1.10, a quick ratio of 0.45 and a debt-to-equity ratio of 0.42. The company has a market cap of $2.70 billion, a P/E ratio of -70.10 and a beta of 1.31.

Equinox Gold (NYSEAMERICAN:EQX) last posted its quarterly earnings data on Wednesday, August 7th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). Equinox Gold had a net margin of 22.60% and a return on equity of 0.42%. The business had revenue of $269.43 million for the quarter. As a group, analysts predict that Equinox Gold Corp. will post 0.38 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.