Insider Selling: Equinox Gold Corp (CVE:EQX) Senior Officer Sells 23,062 Shares of Stock

Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici sold 23,062 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of C$8.21, for a total value 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

CVE EQX opened at C$7.88 on Friday. The firm has a market cap of C$892.46 million and a P/E ratio of -43.54. Equinox Gold Corp has a 52-week low of C$4.25 and a 52-week high of C$8.90. The business’s 50-day moving average price is C$7.88 and its 200 day moving average price is C$7.88. The company has a quick ratio of 1.11, a current ratio of 1.94 and a debt-to-equity ratio of 64.28.

Analyst Upgrades and Downgrades

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