BMO Capital Markets Reiterates “C$11.00” Price Target for Equinox Gold (CVE:EQX)

BMO Capital Markets set a C$11.00 target price on Equinox Gold (CVE:EQXFree Report) in a report released on Wednesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other analysts also recently weighed in on EQX. CIBC boosted their price objective on shares of Equinox Gold from C$9.50 to C$10.00 and gave the stock a “neutral” rating in a research report on Monday, April 7th. National Bankshares upped their price objective on shares of Equinox Gold from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 19th. Finally, Royal Bank Of Canada upped their price objective on shares of Equinox Gold from C$11.00 to C$12.00 in a research report on Wednesday, June 4th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$11.28.

Read Our Latest Analysis on Equinox Gold

Equinox Gold Trading Down 0.9%

CVE EQX opened at C$7.88 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.94 and a debt-to-equity ratio of 64.28. Equinox Gold has a 52 week low of C$4.25 and a 52 week high of C$8.90. The stock has a market capitalization of C$892.46 million and a PE ratio of -43.54. The firm has a 50 day moving average of C$7.88 and a two-hundred day moving average of C$7.88.

Insider Transactions at Equinox Gold

In other Equinox Gold news, Director Maryse Belanger sold 17,148 shares of Equinox Gold stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of C$8.34, for a total value of C$143,014.32.

Equinox Gold Company Profile

(Get Free Report)

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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Analyst Recommendations for Equinox Gold (CVE:EQX)

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