Equinox Gold Corp (CVE:EQX) Senior Officer Gordana Vicentijevic Sells 7,000 Shares

Equinox Gold Corp (CVE:EQX) Senior Officer Gordana Vicentijevic sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of C$7.67, for a total value of C$53,690.00.

Equinox Gold Stock Performance

Shares of Equinox Gold stock traded down C$0.07 on Tuesday, reaching C$7.88. 53,583 shares of the stock were exchanged, compared to its average volume of 153,529. 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 moving average price of C$7.88 and a two-hundred day moving average price of C$7.88. The company has a quick ratio of 1.11, a current ratio of 1.94 and a debt-to-equity ratio of 64.28.

Wall Street Analyst Weigh In

A number of brokerages recently commented on EQX. Canaccord Genuity Group lifted their price target on Equinox Gold from C$12.00 to C$12.75 in a report on Tuesday, July 23rd. Royal Bank of Canada cut their target price on Equinox Gold from C$11.00 to C$10.00 in a research note on Monday, October 21st. CIBC decreased their price target on shares of Equinox Gold from C$9.50 to C$8.80 in a report on Friday, October 4th. Scotiabank lifted their price objective on shares of Equinox Gold from C$7.75 to C$8.50 in a report on Monday, August 19th. Finally, Haywood Securities reduced their target price on shares of Equinox Gold from C$12.75 to C$11.50 in a report on Friday, August 9th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$9.73.

About Equinox Gold

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.