Equinox Gold Corp. $EQX Shares Acquired by Persistent Asset Partners Ltd

Persistent Asset Partners Ltd increased its holdings in shares of Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) by 95.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 148,541 shares of the company's stock after acquiring an additional 72,509 shares during the period. Persistent Asset Partners Ltd's holdings in Equinox Gold were worth $854,000 as of its most recent SEC filing.The Metals Market Is Heating Up—4 Stocks Poised to ShineOther institutional investors and hedge funds have also recently modified their holdings of the company. American Capital Advisory LLC purchased a new position in Equinox Gold during the second quarter worth approximately $25,000. SBI Securities Co. Ltd. increased its position in shares of Equinox Gold by 2,054.6% in the second quarter. SBI Securities Co. Ltd. now owns 4,697 shares of the company's stock valued at $27,000 after buying an additional 4,479 shares in the last quarter. ORG Partners LLC raised its stake in shares of Equinox Gold by 191.2% during the 2nd quarter. ORG Partners LLC now owns 7,570 shares of the company's stock worth $43,000 after buying an additional 4,970 shares during the period. Bernard Wealth Management Corp. purchased a new position in shares of Equinox Gold during the 2nd quarter valued at approximately $58,000. Finally, Mesirow Financial Investment Management Inc. purchased a new position in shares of Equinox Gold during the 1st quarter valued at approximately $69,000. Hedge funds and other institutional investors own 38.85% of the company's stock. Analyst Ratings ChangesSeveral equities research analysts recently commented on the stock. Scotiabank raised shares of Equinox Gold from a "hold" rating to an "outperform" rating in a report on Thursday, November 6th. Cibc World Mkts raised shares of Equinox Gold from a "hold" rating to a "strong-buy" rating in a research note on Thursday, October 9th. National Bankshares restated an "outperform" rating on shares of Equinox Gold in a research report on Friday, August 15th. Cormark upgraded Equinox Gold from a "hold" rating to a "moderate buy" rating in a report on Friday, August 15th. Finally, TD Securities reiterated a "buy" rating on shares of Equinox Gold in a research note on Friday, September 5th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $26.00.Growth Picks: 3 Low-Cost Stocks That Could Double in ValueGet Our Latest Stock Report on EQXEquinox Gold Trading Down 1.8%NYSEAMERICAN:EQX opened at $12.75 on Friday. Equinox Gold Corp. has a 12-month low of $4.95 and a 12-month high of $13.53. The company has a current ratio of 1.07, a quick ratio of 0.62 and a debt-to-equity ratio of 0.27. The stock's 50 day simple moving average is $11.25 and its 200-day simple moving average is $8.31. The firm has a market cap of $10.01 billion, a P/E ratio of 255.05 and a beta of 1.11. Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.06. The firm had revenue of $819.01 million for the quarter, compared to analyst estimates of $607.81 million. Equinox Gold had a net margin of 2.71% and a return on equity of 5.57%. Equinox Gold's revenue for the quarter was up 91.2% on a year-over-year basis. Equities analysts anticipate that Equinox Gold Corp. will post 0.85 EPS for the current year. Equinox Gold Profile (Free Report)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.See AlsoFive stocks we like better than Equinox GoldWhat is the Dogs of the Dow Strategy? Overview and ExamplesMeta’s Pain May Be Your Gain: Is This a Rare Buying Window?Investing in the High PE Growth Stocks 3 Under-the-Radar AI Stocks to Buy on the DipWhat is Insider Trading? What You Can Learn from Insider TradingYour Thanksgiving Playbook: 3 Stocks Set to Benefit From Football FeverWant to see what other hedge funds are holding EQX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Equinox Gold Right Now?Before you consider Equinox Gold, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Equinox Gold wasn't on the list.While Equinox Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here