Equinox Gold Corp (CVE:EQX) Senior Officer Sells C$92,224.06 in Stock

Equinox Gold Corp (CVE:EQX) Senior Officer Kelly Grant Boychuk sold 10,966 shares of Equinox Gold stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of C$8.41, for a total value of C$92,224.06.

Equinox Gold Stock Down 0.9 %

Equinox Gold stock opened at C$7.88 on Friday. The company has a debt-to-equity ratio of 64.28, a current ratio of 1.94 and a quick ratio of 1.11. The company’s 50-day moving average is C$7.88 and its 200-day moving average is C$7.88. The firm has a market capitalization of C$892.46 million and a PE ratio of -43.54. Equinox Gold Corp has a fifty-two week low of C$4.25 and a fifty-two week high of C$8.90.

Wall Street Analysts Forecast Growth

EQX has been the subject of several research reports. Scotiabank raised their price target on shares of Equinox Gold from C$8.75 to C$9.00 in a research note on Wednesday, January 15th. CIBC lifted their price target on shares of Equinox Gold from C$8.80 to C$9.50 in a research note on Monday, December 2nd. Royal Bank of Canada reduced their price objective on shares of Equinox Gold from C$11.00 to C$10.00 in a research note on Monday, October 21st. Finally, Cormark lifted their target price on Equinox Gold from C$9.00 to C$10.50 in a research report on Friday, January 10th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$10.31.

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.