Insider Selling: Equinox Gold Corp (CVE:EQX) Senior Officer Sells C$189,339.02 in Stock

Equinox Gold Corp (CVE:EQX) Senior Officer Sebastian D’amici sold 23,062 shares of the firm’s stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of C$8.21, for a total transaction of C$189,339.02.

Sebastian D’amici also recently made the following trade(s):

• On Thursday, January 9th, Sebastian D’amici sold 12,000 shares of Equinox Gold stock. The stock was sold at an average price of C$8.75, for a total transaction of C$105,000.00.

Equinox Gold Stock Performance

Shares of CVE:EQX opened at C$7.88 on Monday. The business has a fifty day moving average of C$7.88 and a 200-day moving average of C$7.88. The firm has a market cap of C$892.46 million and a PE ratio of -43.54. The company has a debt-to-equity ratio of 64.28, a quick ratio of 1.11 and a current ratio of 1.94. Equinox Gold Corp has a twelve month low of C$4.25 and a twelve month high of C$8.90.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Cormark increased their target price 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 Equinox Gold from C$11.00 to C$10.00 in a research note on Monday, October 21st. Scotiabank boosted their target price on shares of Equinox Gold from C$8.75 to C$9.00 in a research note on Wednesday, January 15th. Finally, CIBC increased their target price 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 four have issued a buy rating to the company. According to MarketBeat, Equinox Gold presently has a consensus rating of “Moderate Buy” and a consensus target price of C$10.05.

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.