Equinox Gold Corp. (NYSEAMERICAN:EQX) Stock to Pay Quarterly Dividend of $0.02

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

Equinox Gold Price Performance

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

Equinox Gold (NYSEAMERICAN:EQX) last released its quarterly earnings results on Monday, November 9th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.02. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $987.04 million. Equinox Gold had a net margin of 26.30% and a return on equity of 10.91%. As a group, equities research analysts forecast that Equinox Gold will post 0.95 earnings per share for the current year.

Institutional Trading of Equinox Gold

A number of hedge funds have recently made changes to their positions in the stock. CWA Asset Management Group LLC purchased a new stake in Equinox Gold in the third quarter worth about $16,071,000. Global Strategic Management Inc. lifted its position in shares of Equinox Gold by 106.3% in the 3rd quarter. Global Strategic Management Inc. now owns 345,308 shares of the company’s stock worth $3,836,000 after purchasing an additional 177,945 shares during the period. Amundi boosted its stake in shares of Equinox Gold by 25.2% during the second quarter. Amundi now owns 5,307,103 shares of the company’s stock valued at $51,585,000 after purchasing an additional 1,067,139 shares in the last quarter. Bard Associates Inc. bought a new position in shares of Equinox Gold during the second quarter valued at approximately $3,763,000. Finally, Van ECK Associates Corp increased its holdings in Equinox Gold by 2.8% during the second quarter. Van ECK Associates Corp now owns 87,435,651 shares of the company’s stock valued at $849,875,000 after buying an additional 2,355,044 shares during the period. 38.85% of the stock is owned by institutional investors.

Equinox Gold Company Profile