Equinox Gold Corp. (NYSEAMERICAN:EQX) Plans Dividend Increase – $0.02 Per Share

Equinox Gold Corp. (NYSEAMERICAN:EQX) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Wednesday, August 19th will be given a dividend of 0.0225 per share on Wednesday, September 2nd. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, August 19th. This is a 50.0% increase from Equinox Gold’s previous quarterly dividend of $0.01.

Equinox Gold Stock Performance

NYSEAMERICAN:EQX traded up $0.40 during mid-day trading on Thursday, hitting $10.71. The stock had a trading volume of 20,654,352 shares, compared to its average volume of 11,392,879. The company’s 50 day simple moving average is $10.09 and its 200 day simple moving average is $13.19. The stock has a market cap of $8.46 billion, a price-to-earnings ratio of 13.37 and a beta of 1.27. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.75 and a current ratio of 1.24. Equinox Gold has a twelve month low of $6.29 and a twelve month high of $18.96.

Equinox Gold (NYSEAMERICAN:EQX) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). Equinox Gold had a net margin of 21.72% and a return on equity of 10.26%. The company had revenue of $769.80 million during the quarter, compared to the consensus estimate of $775.79 million. During the same period in the previous year, the company earned $0.11 earnings per share. Equinox Gold’s revenue for the quarter was up 60.8% compared to the same quarter last year. On average, equities research analysts forecast that Equinox Gold will post 1.12 earnings per share for the current year.

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.