Gordana Vicentijevic Sells 7,000 Shares of Equinox Gold Corp (CVE:EQX) Stock

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

Equinox Gold Stock Performance

CVE EQX opened at C$7.88 on Thursday. 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 twelve month low of C$4.25 and a twelve month high of C$8.90. The business has a 50-day moving average price of C$7.88 and a 200-day moving average price of C$7.88. The firm has a market cap of C$892.46 million and a price-to-earnings ratio of -43.54.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on EQX shares. Scotiabank raised their price target on Equinox Gold from C$7.75 to C$8.50 in a report on Monday, August 19th. Haywood Securities decreased their target price on Equinox Gold from C$12.75 to C$11.50 in a research report on Friday, August 9th. CIBC dropped their price target on shares of Equinox Gold from C$9.50 to C$8.80 in a report on Friday, October 4th. Finally, Royal Bank of Canada decreased their price objective on shares of 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 five have given a buy rating to the stock. According to data from MarketBeat, Equinox Gold has a consensus rating of “Moderate Buy” and a consensus price target of C$9.73.

About Equinox Gold

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.