Shares of Equinox Gold Corp (CVE:EQX – Get Free Report) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is C$9.83.
EQX has been the subject of several research reports. Scotiabank increased their target price on Equinox Gold from C$7.75 to C$8.50 in a research report on Monday, August 19th. Royal Bank of Canada raised their price objective on Equinox Gold from C$10.00 to C$11.00 and gave the company a “sector perform” rating in a research report on Tuesday, September 10th. CIBC reduced their price objective on Equinox Gold from C$9.50 to C$8.80 in a research report on Friday. Canaccord Genuity Group raised their price objective on Equinox Gold from C$12.00 to C$12.75 in a research report on Tuesday, July 23rd. Finally, Haywood Securities reduced their price objective on Equinox Gold from C$12.75 to C$11.50 in a research report on Friday, August 9th.
View Our Latest Analysis on EQX
Equinox Gold Stock Down 0.9 %
Equinox Gold Company Profile
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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