Kelly Grant Boychuk Sells 10,966 Shares of Equinox Gold Corp (CVE:EQX) Stock

Equinox Gold Corp (CVE:EQX) Senior Officer Kelly Grant Boychuk sold 10,966 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of C$8.41, for a total value of C$92,224.06.

Equinox Gold Price Performance

Shares of EQX opened at C$7.88 on Friday. The company’s fifty day simple moving average is C$7.88 and its 200 day simple moving average is C$7.88. Equinox Gold Corp has a 1-year low of C$4.25 and a 1-year high of C$8.90. The company has a market cap of C$892.46 million and a price-to-earnings ratio of -43.54. The company has a current ratio of 1.94, a quick ratio of 1.11 and a debt-to-equity ratio of 64.28.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Scotiabank increased their price target on shares of Equinox Gold from C$8.75 to C$9.00 in a research report on Wednesday, January 15th. Cormark lifted their price objective on Equinox Gold from C$9.00 to C$10.50 in a report on Friday, January 10th. Royal Bank of Canada dropped their price objective on shares of Equinox Gold from C$11.00 to C$10.00 in a report on Monday, October 21st. Finally, CIBC upped 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 analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$10.31.

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.