Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici Sells 23,062 Shares

Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici sold 23,062 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of C$8.21, for a total transaction of C$189,339.02.

Sebastian D’amici also recently made the following trade(s):

• On Thursday, January 9th, Sebastian D’amici sold 12,000 shares of Equinox Gold stock. The stock was sold at an average price of C$8.75, for a total transaction of C$105,000.00.

Equinox Gold Stock Down 0.9 %

CVE:EQX traded down C$0.07 during trading hours on Friday, hitting C$7.88. 53,583 shares of the company traded hands, 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 firm’s 50-day simple moving average is C$7.88 and its 200-day simple moving average is C$7.88. 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 market cap of C$892.46 million and a PE ratio of -43.54.

Wall Street Analysts Forecast Growth

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