Equinox Gold Corp. (NYSEAMERICAN:EQX) Shares Will Pay Quarterly Dividend of $0.02

Equinox Gold Corp. (NYSEAMERICAN:EQX) announced a quarterly dividend on Monday, November 9th. Investors 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 dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, November 25th.

Equinox Gold Stock Up 4.9%

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

Equinox Gold (NYSEAMERICAN:EQX) last posted its 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 return on equity of 10.91% and a net margin of 26.30%. The company had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $987.04 million. Analysts predict that Equinox Gold will post 0.95 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. HighTower Advisors LLC raised its position in Equinox Gold by 70.4% in the third quarter. HighTower Advisors LLC now owns 20,409 shares of the company’s stock worth $227,000 after acquiring an additional 8,432 shares in the last quarter. Intech Investment Management LLC bought a new position in shares of Equinox Gold during the 3rd quarter valued at about $2,747,000. Russell Investments Group Ltd. boosted its position in shares of Equinox Gold by 239.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 207,313 shares of the company’s stock valued at $2,307,000 after purchasing an additional 146,206 shares in the last quarter. Terril Brothers Inc. grew its stake in shares of Equinox Gold by 6.2% in the 3rd quarter. Terril Brothers Inc. now owns 47,750 shares of the company’s stock worth $531,000 after purchasing an additional 2,800 shares during the last quarter. Finally, Ritholtz Wealth Management acquired a new position in shares of Equinox Gold in the 3rd quarter worth approximately $229,000. Institutional investors own 38.85% of the company’s stock.

Equinox Gold Company Profile