Equinox Gold Corp (CVE:EQX) Director Christian Milau Sells 5,148 Shares

Equinox Gold Corp (CVE:EQXGet Rating) Director Christian Milau sold 5,148 shares of the stock in a transaction dated Monday, May 16th. The stock was sold at an average price of C$6.85, for a total transaction of C$35,263.80. Following the sale, the director now owns 244,305 shares of the company’s stock, valued at approximately C$1,673,489.25.

CVE:EQX traded down C$0.07 during mid-day trading on Monday, reaching C$7.88. The stock had a trading volume of 53,583 shares, compared to its average volume of 153,529. The company has a debt-to-equity ratio of 64.28, a quick ratio of 1.11 and a current ratio of 1.94. The firm has a market capitalization of C$892.46 million and a price-to-earnings ratio of -43.54. Equinox Gold Corp has a twelve month low of C$4.25 and a twelve month high of C$8.90. The business has a 50 day simple moving average of C$7.88 and a 200 day simple moving average of C$7.88.

Several equities research analysts have recently weighed in on the stock. CIBC increased their target price on shares of Equinox Gold from C$10.00 to C$10.75 and gave the stock a “neutral” rating in a research note on Friday, March 11th. TD Securities decreased their target price on shares of Equinox Gold from C$15.50 to C$12.50 and set a “buy” rating for the company in a research note on Thursday, May 5th. Cormark decreased their target price on shares of Equinox Gold from C$12.00 to C$10.00 in a research note on Thursday, May 5th. Canaccord Genuity Group increased their target price on shares of Equinox Gold from C$10.00 to C$15.00 in a research note on Friday, April 22nd. Finally, BMO Capital Markets increased their target price on shares of Equinox Gold from C$13.50 to C$14.50 in a research note on Thursday, May 5th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of C$11.83.

About Equinox Gold (Get Rating)

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.

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