Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici Sells 12,000 Shares

Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici sold 12,000 shares of the business’s stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of C$8.75, for a total value of C$105,000.00.

Equinox Gold Trading Down 0.9 %

CVE:EQX opened at C$7.88 on Friday. Equinox Gold Corp has a one year low of C$4.25 and a one year high of C$8.90. The business has a fifty day moving average price of C$7.88 and a 200-day moving average price of C$7.88. The firm has a market capitalization of C$892.46 million and a price-to-earnings ratio of -43.54. The company has a debt-to-equity ratio of 64.28, a current ratio of 1.94 and a quick ratio of 1.11.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on EQX shares. Cormark lifted their price target on shares of Equinox Gold from C$9.00 to C$10.50 in a research note on Friday. Royal Bank of Canada cut their target price on shares of Equinox Gold from C$11.00 to C$10.00 in a research report on Monday, October 21st. Scotiabank increased their price target on Equinox Gold from C$8.50 to C$8.75 in a report on Thursday, November 21st. Finally, CIBC lifted their price objective on Equinox Gold from C$8.80 to C$9.50 in a report on Monday, December 2nd. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$10.03.

About Equinox Gold

Equinox Gold Corp. engages in the acquisition, exploration, and development of mineral deposits. The company's principal properties include the Aurizona project covering a total land package of approximately 223,160 hectares located in Maranhão State, Brazil; and the Castle Mountain property situated in California, the United States.