Equinox Gold Corp. (NYSEAMERICAN:EQX) Shareholders Set to Receive $0.02 Quarterly Dividend

Equinox Gold Corp. (NYSEAMERICAN:EQX – Get Free Report) declared a quarterly dividend on Monday, November 9th. Shareholders of record on Wednesday, November 25th will be paid a dividend of $0.0225 per share on Thursday, December 10th. This represents a $0.09 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, November 25th.

Equinox Gold Trading Up 4.9%

Equinox Gold stock opened at $12.09 on Tuesday. Equinox Gold has a 52 week low of $8.48 and a 52 week high of $18.96. The stock has a 50-day moving average price of $11.43 and a 200 day moving average price of $12.66. The company has a quick ratio of 0.77, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $14.13 billion, a price-to-earnings ratio of 13.59 and a beta of 1.33.

Equinox Gold (NYSEAMERICAN:EQX – Get Free Report) last released its quarterly earnings results on Monday, November 9th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. Equinox Gold had a net margin of 26.30% and a return on equity of 10.91%. The firm had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $987.04 million. Sell-side analysts anticipate that Equinox Gold will post 0.95 EPS for the current year.

Institutional Investors Weigh In On Equinox Gold

Institutional investors and hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC boosted its stake in shares of Equinox Gold by 96.7% during the first quarter. EverSource Wealth Advisors LLC now owns 1,997 shares of the company’s stock worth $29,000 after buying an additional 982 shares during the period. IFP Advisors Inc increased its position in Equinox Gold by 1,427.1% in the 3rd quarter. IFP Advisors Inc now owns 3,039 shares of the company’s stock valued at $34,000 after acquiring an additional 2,840 shares during the period. Pinnacle Wealth Planning Services Inc. purchased a new stake in Equinox Gold during the 3rd quarter valued at approximately $35,000. Fortitude Family Office LLC purchased a new stake in Equinox Gold during the 3rd quarter valued at approximately $39,000. Finally, Mather Group LLC. acquired a new position in shares of Equinox Gold in the third quarter valued at approximately $56,000. 38.85% of the stock is owned by hedge funds and other institutional investors.

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