Equinox Gold Corp (CVE:EQX) Senior Officer Sells C$28,000.00 in Stock

Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of C$7.00, for a total transaction of C$28,000.00.

Equinox Gold Trading Down 0.9 %

Shares of EQX stock opened at C$7.88 on Tuesday. The business’s fifty day moving average price is C$7.88 and its 200 day moving average price is C$7.88. The firm 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 Corp has a 1-year low of C$4.25 and a 1-year high of C$8.90.

Wall Street Analysts Forecast Growth

EQX has been the topic of a number of research reports. Scotiabank lowered their price target on Equinox Gold from C$7.50 to C$7.00 in a report on Monday, July 10th. National Bankshares lowered their target price on Equinox Gold from C$8.75 to C$8.50 and set a “sector perform” rating on the stock in a research note on Monday, September 11th. Royal Bank of Canada upgraded Equinox Gold from an “underperform” rating to a “sector perform” rating and upped their price target for the stock from C$5.00 to C$7.25 in a research note on Tuesday, September 12th. National Bank Financial lowered their price objective on shares of Equinox Gold from C$8.75 to C$8.50 in a research report on Monday, September 11th. Finally, CIBC upgraded shares of Equinox Gold from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from C$5.40 to C$7.20 in a research report on Friday, July 14th.

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.