Equinox Gold Corp (CVE:EQX) Senior Officer Kelly Grant Boychuk Sells 3,533 Shares

Equinox Gold Corp (CVE:EQXGet Rating) Senior Officer Kelly Grant Boychuk sold 3,533 shares of Equinox Gold stock in a transaction dated Friday, January 20th. The shares were sold at an average price of C$5.94, for a total transaction of C$20,986.02. Following the sale, the insider now owns 13,810 shares of the company’s stock, valued at C$82,031.40.

Equinox Gold Price Performance

Shares of CVE EQX opened at C$7.88 on Tuesday. The stock has a market cap of C$892.46 million and a price-to-earnings ratio of -43.54. Equinox Gold Corp has a 52 week low of C$4.25 and a 52 week high of C$8.90. The company’s 50-day moving average price is C$7.88 and its 200 day moving average price is C$7.88. The company has a current ratio of 1.94, a quick ratio of 1.11 and a debt-to-equity ratio of 64.28.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on EQX. CIBC cut shares of Equinox Gold from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from C$4.40 to C$4.20 in a report on Friday, January 13th. BMO Capital Markets boosted their price target on shares of Equinox Gold from C$6.00 to C$6.50 in a report on Wednesday, December 7th. Royal Bank of Canada cut shares of Equinox Gold from a “sector perform” rating to an “underperform” rating and lowered their price target for the stock from C$8.00 to C$5.50 in a report on Tuesday, October 25th. Canaccord Genuity Group reduced their price objective on shares of Equinox Gold from C$8.00 to C$7.00 in a research report on Thursday, October 20th. Finally, National Bankshares boosted their price objective on shares of Equinox Gold from C$5.50 to C$6.25 and gave the stock a “sector perform” rating in a research report on Friday, January 13th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Equinox Gold has a consensus rating of “Hold” and a consensus target price of C$7.36.

Equinox Gold Company Profile

(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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Insider Buying and Selling by Quarter for Equinox Gold (CVE:EQX)

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