Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici Sells 12,000 Shares

Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of C$8.75, for a total transaction of C$105,000.00.

Equinox Gold Stock Performance

CVE EQX opened at C$7.88 on Friday. 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. The business has a 50 day simple moving average of C$7.88 and a two-hundred day simple moving average of C$7.88. The stock has a market capitalization of C$892.46 million and a PE ratio of -43.54.

Analyst Ratings Changes

EQX has been the topic of a number of analyst reports. Cormark upped their target price on shares of Equinox Gold from C$9.00 to C$10.50 in a report on Friday. Royal Bank of Canada cut their target price on Equinox Gold from C$11.00 to C$10.00 in a research report on Monday, October 21st. Scotiabank lifted their target price on Equinox Gold from C$8.50 to C$8.75 in a research note on Thursday, November 21st. Finally, CIBC upped their price target on Equinox Gold from C$8.80 to C$9.50 in a research note on Monday, December 2nd. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$10.03.

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.