Insider Selling: Equinox Gold Corp (CVE:EQX) Senior Officer Sells 12,000 Shares of Stock

Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici sold 12,000 shares of the business’s stock in a transaction dated 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

EQX stock traded down C$0.07 during mid-day trading on Friday, reaching C$7.88. 53,583 shares of the stock 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. Equinox Gold Corp has a 52 week low of C$4.25 and a 52 week high of C$8.90. The business has a 50-day moving average of C$7.88 and a two-hundred day moving average of C$7.88. The firm 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 several recent analyst reports. CIBC boosted their price objective on Equinox Gold from C$8.80 to C$9.50 in a report on Monday, December 2nd. Scotiabank boosted their price objective on Equinox Gold from C$8.50 to C$8.75 in a report on Thursday, November 21st. Cormark boosted their price objective on Equinox Gold from C$9.00 to C$10.50 in a report on Friday. Finally, Royal Bank of Canada reduced their price target on shares of Equinox Gold from C$11.00 to C$10.00 in a research report on Monday, October 21st. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Equinox Gold currently 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.