Equinox Gold Corp (CVE:EQX) Senior Officer Sells C$189,339.02 in Stock

Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici sold 23,062 shares of Equinox Gold stock in a transaction on Wednesday, January 22nd. The stock was 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 value of C$105,000.00.

Equinox Gold Stock Down 0.9 %

EQX traded down C$0.07 during trading on Friday, reaching C$7.88. 53,583 shares of the stock traded hands, compared to its average volume of 153,529. The stock’s 50-day simple moving average is C$7.88 and its two-hundred day simple moving average is C$7.88. The company has a debt-to-equity ratio of 64.28, a current ratio of 1.94 and a quick ratio of 1.11. Equinox Gold Corp has a fifty-two week low of C$4.25 and a fifty-two week high of C$8.90. The stock has a market cap of C$892.46 million and a price-to-earnings ratio of -43.54.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Scotiabank raised their price target on Equinox Gold from C$8.75 to C$9.00 in a research report on Wednesday, January 15th. CIBC increased their price objective on shares of Equinox Gold from C$8.80 to C$9.50 in a report on Monday, December 2nd. Royal Bank of Canada decreased their price target on shares of Equinox Gold from C$11.00 to C$10.00 in a report on Monday, October 21st. Finally, Cormark increased their target price on shares of Equinox Gold from C$9.00 to C$10.50 in a research report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Equinox Gold presently has an average 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.