Equinox Gold (CVE:EQX) Price Target Raised to C$14.00

Equinox Gold (CVE:EQX) had its price objective lifted by National Bankshares from C$13.00 to C$14.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other equities research analysts have also issued reports about the stock. Cormark boosted their price objective on shares of Equinox Gold from C$9.00 to C$10.50 in a report on Friday, January 10th. CIBC boosted their price objective on shares of Equinox Gold from C$8.80 to C$9.50 in a report on Monday, December 2nd. Finally, Scotiabank boosted their price objective on shares of Equinox Gold from C$8.75 to C$9.00 in a report on Wednesday, January 15th.

Equinox Gold Trading Down 0.9 %

Shares of EQX opened at C$7.88 on Wednesday. The firm has a market cap 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 quick ratio of 1.11 and a current ratio of 1.94. Equinox Gold has a fifty-two week low of C$4.25 and a fifty-two week high of C$8.90. The firm has a 50 day moving average price of C$7.88 and a 200-day moving average price of C$7.88.

Insider Buying and Selling at Equinox Gold

In other Equinox Gold news, Senior Officer Gordana Vicentijevic sold 10,325 shares of the business’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of C$8.51, for a total transaction of C$87,865.75. Also, Senior Officer Kelly Grant Boychuk sold 7,002 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of C$9.29, for a total transaction of C$65,048.58. In the last ninety days, insiders have sold 64,008 shares of company stock valued at $545,544.

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.