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

Equinox Gold Corp (CVE:EQX) Senior Officer Kelly Grant Boychuk sold 10,966 shares of the firm’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 Trading Down 0.9 %

Shares of Equinox Gold stock traded down C$0.07 on Thursday, hitting C$7.88. 53,583 shares of the company’s stock traded hands, compared to its average volume of 153,529. The firm’s 50-day moving average price is C$7.88 and its two-hundred day moving average price is C$7.88. The stock has a market capitalization of C$892.46 million and a PE ratio of -43.54. Equinox Gold Corp has a one year low of C$4.25 and a one year high of C$8.90. The company has a debt-to-equity ratio of 64.28, a current ratio of 1.94 and a quick ratio of 1.11.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on EQX shares. Scotiabank raised their price target on shares of Equinox Gold from C$8.75 to C$9.00 in a report on Wednesday, January 15th. Cormark upped their price objective on Equinox Gold from C$9.00 to C$10.50 in a report on Friday, January 10th. CIBC upped their price objective on Equinox Gold from C$8.80 to C$9.50 in a report on Monday, December 2nd. Finally, Royal Bank of Canada reduced their price objective on Equinox Gold from C$11.00 to C$10.00 in a report on Monday, October 21st. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$10.05.

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.