Shares of Equinox Gold Corp (CVE:EQX – Get Free Report) have earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$7.87.
A number of analysts have weighed in on the company. Desjardins upgraded Equinox Gold from a “hold” rating to a “buy” rating and increased their price target for the stock from C$7.25 to C$7.75 in a report on Tuesday. BMO Capital Markets set a C$8.00 price target on Equinox Gold and gave the stock an “outperform” rating in a report on Thursday, January 18th.
Equinox Gold Stock Performance
In other news, Director Gordon Campbell sold 10,670 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of C$6.27, for a total value of C$66,900.90. In other Equinox Gold news, Director Gordon Campbell sold 10,670 shares of Equinox Gold stock in a transaction dated Friday, November 10th. The stock was sold at an average price of C$6.27, for a total transaction of C$66,900.90. Also, Senior Officer Peter Jeremie Hardie sold 12,265 shares of Equinox Gold stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of C$7.21, for a total value of C$88,430.65. Insiders sold a total of 72,767 shares of company stock worth $470,222 in the last three months.
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.
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