Equinox Gold (EQX) Price Target Lowered to C$1.80 at Raymond James Financial
Equinox Gold (CVE:EQX) had its price target lowered by investment analysts at Raymond James Financial from C$2.00 to C$1.80 in a report released on Thursday. The firm presently has an “outperform” rating on the stock. Raymond James Financial’s price objective suggests a potential upside of 71.43% from the company’s previous close.
Separately, National Bank Financial reiterated an “outperform spec market weight” rating on shares of Equinox Gold in a research report on Thursday, December 21st.
Equinox Gold (EQX) traded down C$0.03 during midday trading on Thursday, hitting C$1.05. The stock had a trading volume of 977,570 shares, compared to its average volume of 909,387. The company has a market cap of $191.42, a P/E ratio of 11.67 and a beta of -1.96. Equinox Gold has a 52-week low of C$0.88 and a 52-week high of C$2.02.
About Equinox Gold
Trek Mining Inc, formerly JDL Gold Corp, is a Canada-based growth-focused mining company. The Company has a portfolio of production, near-production and exploration-stage projects in North and South America. The Company’s production properties include: the Aurizona Gold Mine, which is an open pit mine located in Northeast Brazil, as well as the Koricancha Mill, a custom built gold and silver ore processing facility in Peru.
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