Equinox Gold (CVE:EQX – Get Free Report) had its target price cut by analysts at National Bankshares from C$11.50 to C$10.50 in a report released on Friday, BayStreet.CA reports. National Bankshares’ price objective suggests a potential upside of 33.25% from the company’s previous close.
EQX has been the topic of several other reports. CIBC lifted their target price on Equinox Gold from C$6.80 to C$9.25 in a research note on Monday. Scotiabank lowered their target price on Equinox Gold from C$7.75 to C$7.00 in a research note on Friday, February 23rd. TD Securities lowered their target price on Equinox Gold from C$8.50 to C$8.00 and set a “buy” rating on the stock in a research note on Friday, February 23rd. Desjardins upgraded Equinox Gold from a “hold” rating to a “buy” rating and lifted their price target for the company from C$7.25 to C$7.75 in a research note on Tuesday, January 30th. Finally, Haywood Securities decreased their price target on Equinox Gold from C$11.50 to C$10.50 in a research note on Monday, February 26th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$8.47.
Read Our Latest Stock Report on Equinox Gold
Equinox Gold Stock Performance
Insiders Place Their Bets
In other news, Senior Officer Kelly Grant Boychuk sold 9,923 shares of the business’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of C$5.88, for a total value of C$58,347.24. Over the last ninety days, insiders have sold 14,426 shares of company stock worth $84,825.
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.
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