Euro Pacific Asset Management 13F: Adds $22M to EQX Stake

Euro Pacific Asset Management has significantly increased its position in Equinox Gold Corp. (NYSE American: EQX). According to its latest Form 13F filing with the SEC, the fund added 1,676,488 shares, boosting its stake by 66.9% to a total of 4,181,021 shares. The value of this holding is approximately $53.78 million.

What Changed in Euro Pacific Asset Management's Equinox Gold Position

Euro Pacific Asset Management grew its stake in Equinox Gold by 66.9%, adding 1,676,488 shares. Before this increase, the fund held 2,504,533 shares. The new total of 4,181,021 shares is valued at around $53.78 million, reflecting a strong belief in the company's potential.

Equinox Gold Corp. Stock Down 11.8%

Shares of Equinox Gold Corp. traded on the NYSE American with fluctuations between $8.49 and $18.96 over the past 52 weeks. The company, with a market cap of $14.2 billion, has a P/E ratio of 18.7 and a forward P/E of 8.0. It has a beta of 2.492, indicating higher volatility. The stock's 50-day moving average is $11.25, while the 200-day moving average stands at $13.23. Equinox Gold maintains a current ratio of 1.33 and a quick ratio of 0.718, alongside a debt-to-equity ratio of 13.175.

Recent Earnings

In its latest earnings report, Equinox Gold posted revenue of $2.90 billion, with a growth rate of 1.7%. The company achieved a net margin of 28.1% and a return on equity of 8.5%. Earnings per share were reported at $0.65. Investors can look forward to the next earnings release scheduled for November 4, 2026.

Dividend

Equinox Gold offers a dividend with an annual rate of $0.05, yielding 0.42%. The payout ratio is a conservative 4.62%, suggesting the company retains most of its earnings for growth.

About Equinox Gold

Equinox Gold Corp. is a mining company focused on acquiring, exploring, developing, and operating mineral properties in the Americas. Its primary focus is on gold and silver deposits. The company, headquartered in Vancouver, Canada, is led by CEO Darren Hall. Equinox Gold was incorporated in 2007 and underwent a name change from Trek Mining Inc. in December 2017.

Bottom Line

Euro Pacific Asset Management's substantial increase in its Equinox Gold stake reflects confidence in the company's prospects. Investors watch these filings to gauge fund sentiment, though it's important to remember that 13F filings are historical and may not represent current positions. Equinox Gold remains a company with potential, bolstered by its strong buy analyst rating and consistent dividend.