Kelly Grant Boychuk Sells 10,966 Shares of Equinox Gold Corp (CVE:EQX) Stock

Equinox Gold Corp (CVE:EQX) Senior Officer Kelly Grant Boychuk sold 10,966 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of C$8.41, for a total transaction of C$92,224.06.

Equinox Gold Price Performance

CVE EQX 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 stock has a market cap of C$892.46 million and a price-to-earnings ratio of -43.54. The business has a 50 day simple moving average of C$7.88 and a 200 day simple moving average of C$7.88. Equinox Gold Corp has a 52-week low of C$4.25 and a 52-week high of C$8.90.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on EQX shares. CIBC raised their price target on Equinox Gold from C$8.80 to C$9.50 in a research report on Monday, December 2nd. Cormark raised their target price on Equinox Gold from C$9.00 to C$10.50 in a report on Friday, January 10th. Scotiabank upped their price target on Equinox Gold from C$8.75 to C$9.00 in a research note on Wednesday, January 15th. Finally, Royal Bank of Canada reduced their price objective on shares of Equinox Gold from C$11.00 to C$10.00 in a research note on Monday, October 21st. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Equinox Gold currently has an average rating of “Moderate Buy” and a consensus price target of C$10.31.

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.