Equinox Gold’s (EQX) Buy Rating Reiterated at Cormark

Cormark restated their buy rating on shares of Equinox Gold (TSE:EQXGet Rating) in a research note issued to investors on Thursday, Stock Target Advisor reports. They currently have a C$10.00 price objective on the stock. Cormark also issued estimates for Equinox Gold’s Q2 2022 earnings at $0.08 EPS and FY2022 earnings at $0.30 EPS.

A number of other equities analysts also recently commented on the stock. Desjardins downgraded shares of Equinox Gold from a buy rating to a hold rating and set a C$10.75 target price for the company. in a report on Wednesday, January 26th. Stifel Nicolaus restated a buy rating and set a C$17.00 price target on shares of Equinox Gold in a research note on Thursday, February 10th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of Buy and an average target price of C$12.67.

Shares of Equinox Gold stock opened at C$7.66 on Thursday. The company has a market capitalization of C$2.32 billion and a PE ratio of 3.51. The company has a debt-to-equity ratio of 22.66, a quick ratio of 1.48 and a current ratio of 2.89. The company has a 50-day simple moving average of C$10.07 and a two-hundred day simple moving average of C$9.22. Equinox Gold has a one year low of C$6.99 and a one year high of C$11.49.

Equinox Gold (TSE:EQXGet Rating) last announced its earnings results on Thursday, February 24th. The company reported C$0.28 EPS for the quarter, topping analysts’ consensus estimates of C$0.22 by C$0.06. The firm had revenue of C$480.60 million during the quarter. On average, equities analysts predict that Equinox Gold will post 0.7054687 earnings per share for the current fiscal year.

About Equinox Gold (Get Rating)

Equinox Gold Corp. engages in the operation, acquisition, exploration, and development of mineral properties. The company primarily explores for gold and silver deposits. Its properties include the Aurizona gold mine located in Maranhão State; the RDM gold mine located in Minas Gerais State; and Fazenda gold mine and the Santa Luz gold mine located in Bahia State, Brazil.

Featured Articles

Analyst Recommendations for Equinox Gold (TSE:EQX)

Receive News & Ratings for Equinox Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinox Gold and related companies with MarketBeat.com's FREE daily email newsletter.