Equinox Gold (CVE:EQX – Get Free Report) had its price objective dropped by stock analysts at Royal Bank of Canada from C$11.00 to C$10.00 in a research note issued on Monday, BayStreet.CA reports. Royal Bank of Canada’s price objective indicates a potential upside of 26.90% from the company’s previous close.
A number of other equities research analysts also recently weighed in on the company. Canaccord Genuity Group lifted their target price on Equinox Gold from C$12.00 to C$12.75 in a report on Tuesday, July 23rd. Scotiabank upped their price target on Equinox Gold from C$7.75 to C$8.50 in a research report on Monday, August 19th. Haywood Securities decreased their target price on Equinox Gold from C$12.75 to C$11.50 in a research note on Friday, August 9th. Finally, CIBC reduced their price objective on Equinox Gold from C$9.50 to C$8.80 in a research report on Friday, October 4th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$9.73.
Check Out Our Latest Analysis on EQX
Equinox Gold Price Performance
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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