Equinox Gold Corp (CVE:EQX) Director Maryse Belanger Sells 17,148 Shares

Equinox Gold Corp (CVE:EQX) Director Maryse Belanger sold 17,148 shares of the firm’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of C$8.34, for a total value of C$143,014.32.

Equinox Gold Stock Down 0.9%

Shares of EQX opened at C$7.88 on Thursday. The firm has a market cap of C$892.46 million and a P/E ratio of -43.54. Equinox Gold Corp has a 12 month low of C$4.25 and a 12 month high of C$8.90. The stock’s 50 day moving average is C$7.88 and its two-hundred day moving average is C$7.88. The company has a current ratio of 1.94, a quick ratio of 1.11 and a debt-to-equity ratio of 64.28.

Analysts Set New Price Targets

Several equities research analysts have commented on EQX shares. National Bankshares upped their price objective on 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. CIBC boosted their target price on shares of Equinox Gold from C$9.50 to C$10.00 and gave the company a “neutral” rating in a research note on Monday, April 7th. Finally, Scotiabank increased their price target on shares of Equinox Gold from C$8.75 to C$9.00 in a report on Wednesday, January 15th.

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.