Equinox Gold Corp (CVE:EQX) Given Average Recommendation of “Moderate Buy” by Brokerages

Equinox Gold Corp (CVE:EQXGet Free Report) has been given an average recommendation of “Moderate Buy” by the eight analysts that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$9.20.

Several analysts recently issued reports on EQX shares. BMO Capital Markets increased their price target on shares of Equinox Gold from C$8.00 to C$10.00 in a research report on Monday, April 29th. Haywood Securities dropped their target price on shares of Equinox Gold from C$11.50 to C$10.50 in a report on Monday, February 26th. Royal Bank of Canada lifted their price target on shares of Equinox Gold from C$7.00 to C$8.00 in a report on Wednesday, May 1st. TD Securities decreased their price target on shares of Equinox Gold from C$10.00 to C$9.50 in a report on Friday, May 10th. Finally, National Bankshares decreased their price target on shares of Equinox Gold from C$10.25 to C$10.00 in a report on Friday, May 10th.

View Our Latest Stock Report on Equinox Gold

Equinox Gold Stock Performance

CVE EQX opened at C$7.88 on Monday. The company has a current ratio of 1.94, a quick ratio of 1.11 and a debt-to-equity ratio of 64.28. The firm has a market capitalization of C$892.46 million and a price-to-earnings ratio of -43.54. The firm’s 50 day simple moving average is C$7.88 and its 200 day simple moving average is C$7.88. Equinox Gold has a 1 year low of C$4.25 and a 1 year high of C$8.90.

Insiders Place Their Bets

In other Equinox Gold news, Director Lenard Boggio sold 52,741 shares of the business’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of C$7.62, for a total transaction of C$401,886.42.

Equinox Gold Company Profile

(Get Free Report

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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Analyst Recommendations for Equinox Gold (CVE:EQX)

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