Equinox Gold Corp (CVE:EQX) Senior Officer Sells C$53,690.00 in Stock

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

Equinox Gold Stock Performance

Shares of EQX traded down C$0.07 during midday trading on Tuesday, reaching C$7.88. 53,583 shares of the stock were exchanged, compared to its average volume of 153,529. The company has a quick ratio of 1.11, a current ratio of 1.94 and a debt-to-equity ratio of 64.28. The company has a market cap of C$892.46 million and a P/E 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 stock’s 50 day simple moving average is C$7.88 and its 200 day simple moving average is C$7.88.

Analysts Set New Price Targets

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

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.