Sebastian D’amici Sells 23,062 Shares of Equinox Gold Corp (CVE:EQX) Stock

Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici sold 23,062 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The shares were 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 Performance

EQX opened at C$7.88 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.94 and a debt-to-equity ratio of 64.28. The stock has a market cap of C$892.46 million and a price-to-earnings ratio of -43.54. Equinox Gold Corp has a 12-month low of C$4.25 and a 12-month high of C$8.90. The business has a 50 day moving average of C$7.88 and a 200-day moving average of C$7.88.

Analysts Set New Price Targets

Several analysts have commented on the stock. Cormark raised their target price on shares of Equinox Gold from C$9.00 to C$10.50 in a report on Friday, January 10th. Royal Bank of Canada reduced their target price on shares of Equinox Gold from C$11.00 to C$10.00 in a research note on Monday, October 21st. CIBC lifted their price target on Equinox Gold from C$8.80 to C$9.50 in a research note on Monday, December 2nd. Finally, Scotiabank boosted their price target on Equinox Gold from C$8.75 to C$9.00 in a report on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus 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.