Equinox Gold (CVE:EQX – Free Report) had its price target lowered by Royal Bank of Canada from C$11.00 to C$10.00 in a report released on Monday, BayStreet.CA reports.
A number of other equities research analysts have also recently weighed in on the company. Scotiabank increased their price target on Equinox Gold from C$7.75 to C$8.50 in a research note on Monday, August 19th. Haywood Securities reduced their price objective on Equinox Gold from C$12.75 to C$11.50 in a report on Friday, August 9th. Canaccord Genuity Group increased their target price on Equinox Gold from C$12.00 to C$12.75 in a research note on Tuesday, July 23rd. Finally, CIBC dropped their price target on Equinox Gold from C$9.50 to C$8.80 in a report on Friday, October 4th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Equinox Gold presently has an average rating of “Moderate Buy” and a consensus price target of C$9.73.
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Equinox Gold Stock Performance
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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