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

Equinox Gold (CVE:EQX) had its target price boosted by National Bankshares from C$13.00 to C$14.00 in a research report sent to investors on Wednesday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other equities analysts have also recently issued reports on the stock. Cormark upped their price target on shares of Equinox Gold from C$9.00 to C$10.50 in a research note on Friday, January 10th. Scotiabank upped their price target on shares of Equinox Gold from C$8.75 to C$9.00 in a research note on Wednesday, January 15th. Finally, CIBC upped their price target on shares of Equinox Gold from C$8.80 to C$9.50 in a research note on Monday, December 2nd.

Equinox Gold Stock Down 0.9 %

CVE:EQX opened at C$7.88 on Wednesday. The firm’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 market capitalization of C$892.46 million and a PE ratio of -43.54. The company has a debt-to-equity ratio of 64.28, a current ratio of 1.94 and a quick ratio of 1.11. Equinox Gold has a 1-year low of C$4.25 and a 1-year high of C$8.90.

Insider Buying and Selling at Equinox Gold

In other Equinox Gold news, Senior Officer Sebastian D’amici sold 12,000 shares of the company’s stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of C$8.75, for a total transaction of C$105,000.00. Also, Senior Officer Kelly Grant Boychuk sold 7,002 shares of the company’s stock in a transaction dated 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 90 days, insiders have sold 64,008 shares of company stock worth $545,544.

Equinox Gold Company Profile

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.