Equinox Gold Corp (CVE:EQX – Get Free Report) shares dropped 0.9% during trading on Thursday . The stock traded as low as C$7.75 and last traded at C$7.88. Approximately 53,583 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 153,529 shares. The stock had previously closed at C$7.95.
Analyst Ratings Changes
EQX has been the subject of several recent analyst reports. CIBC boosted their target price on Equinox Gold from C$8.80 to C$9.50 in a research report on Monday, December 2nd. Cormark boosted their target price on Equinox Gold from C$9.00 to C$10.50 in a research report on Friday, January 10th. Finally, Scotiabank boosted their target price on Equinox Gold from C$8.75 to C$9.00 in a research report on Wednesday, January 15th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$10.31.
View Our Latest Stock Analysis on EQX
Equinox Gold Stock Down 0.9 %
Insider Transactions at Equinox Gold
In other news, Senior Officer Kelly Grant Boychuk sold 10,966 shares of the stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of C$8.41, for a total transaction of C$92,224.06. Also, Senior Officer Sebastian D’amici sold 12,000 shares of the stock in a transaction on Thursday, January 9th. The stock was sold at an average price of C$8.75, for a total value of C$105,000.00. In the last 90 days, insiders have sold 56,353 shares of company stock valued at $474,429.
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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