Sebastian D’amici Sells 12,000 Shares of Equinox Gold Corp (CVE:EQX) Stock

Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici sold 12,000 shares of the stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of C$8.75, for a total value of C$105,000.00.

Equinox Gold Price Performance

Equinox Gold stock opened at C$7.88 on Friday. The company has a debt-to-equity ratio of 64.28, a quick ratio of 1.11 and a current ratio of 1.94. The company has a market capitalization of C$892.46 million and a price-to-earnings ratio of -43.54. The company’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 1 year low of C$4.25 and a 1 year high of C$8.90.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. CIBC raised their target price on Equinox Gold from C$8.80 to C$9.50 in a research note on Monday, December 2nd. Royal Bank of Canada cut their price objective on shares of Equinox Gold from C$11.00 to C$10.00 in a research report on Monday, October 21st. Cormark boosted their target price on shares of Equinox Gold from C$9.00 to C$10.50 in a report on Friday. Finally, Scotiabank raised their price target on shares of Equinox Gold from C$8.50 to C$8.75 in a report on Thursday, November 21st. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.