Equinox Gold Corp (CVE:EQX) Senior Officer Kelly Grant Boychuk Sells 10,966 Shares

Equinox Gold Corp (CVE:EQX) Senior Officer Kelly Grant Boychuk sold 10,966 shares of the company’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of C$8.41, for a total transaction of C$92,224.06.

Equinox Gold Price Performance

Shares of EQX opened at C$7.88 on Friday. The business’s 50-day moving average is C$7.88 and its 200-day moving average is C$7.88. Equinox Gold Corp has a fifty-two week low of C$4.25 and a fifty-two week high of C$8.90. The company has a market capitalization of C$892.46 million and a price-to-earnings 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.

Analyst Ratings Changes

Several research firms have recently issued reports on EQX. Cormark increased their price target on Equinox Gold from C$9.00 to C$10.50 in a research note on Friday, January 10th. Scotiabank upped their price objective on Equinox Gold from C$8.75 to C$9.00 in a report on Wednesday, January 15th. Royal Bank of Canada cut their price target on shares of Equinox Gold from C$11.00 to C$10.00 in a report on Monday, October 21st. Finally, CIBC lifted their price objective on shares of Equinox Gold from C$8.80 to C$9.50 in a research note on Monday, December 2nd. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$10.31.

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.