Equinox Gold (CVE:EQX) PT Lowered to C$10.00 at National Bankshares

Equinox Gold (CVE:EQXFree Report) had its target price reduced by National Bankshares from C$10.25 to C$10.00 in a research note published on Friday morning, BayStreet.CA reports.

A number of other analysts have also commented on the company. Scotiabank cut their price target on Equinox Gold from C$7.00 to C$6.75 and set a sector perform rating on the stock in a report on Monday, April 29th. Desjardins upgraded Equinox Gold from a hold rating to a buy rating and increased their target price for the stock from C$7.25 to C$7.75 in a research note on Tuesday, January 30th. Royal Bank of Canada boosted their price objective on shares of Equinox Gold from C$7.00 to C$8.00 in a report on Wednesday, May 1st. CIBC boosted their price target on Equinox Gold from C$6.80 to C$9.25 in a research note on Monday, April 15th. Finally, Haywood Securities lowered their target price on Equinox Gold from C$11.50 to C$10.50 in a research note on Monday, February 26th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus price target of C$9.11.

View Our Latest Research Report on EQX

Equinox Gold Price Performance

Shares of EQX stock opened at C$7.88 on Friday. The firm’s 50 day moving average price is C$7.88 and its two-hundred day moving average price is C$7.88. The stock has a market cap of C$892.46 million and a PE ratio of -43.54. The company has a debt-to-equity ratio of 64.28, a quick ratio of 1.11 and a current ratio of 1.94. Equinox Gold has a 52-week low of C$4.25 and a 52-week high of C$8.90.

Equinox Gold Company Profile

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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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Analyst Recommendations for Equinox Gold (CVE:EQX)

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