National Bank Financial Raises Equinox Gold (EQX) Price Target to C$1.60
Equinox Gold (CVE:EQX) had its price target hoisted by National Bank Financial from C$1.50 to C$1.60 in a report published on Thursday, BayStreet.CA reports.
A number of other equities analysts have also recently commented on EQX. Raymond James set a C$2.00 price target on Equinox Gold and gave the stock an outperform rating in a report on Thursday, January 10th. CIBC boosted their price target on Equinox Gold from C$1.30 to C$1.50 in a report on Monday, January 21st. Finally, BMO Capital Markets lowered their price target on Equinox Gold from C$2.20 to C$2.00 and set an outperform rating for the company in a report on Thursday, March 14th.
Equinox Gold stock opened at C$1.13 on Thursday. The company has a quick ratio of 0.78, a current ratio of 1.28 and a debt-to-equity ratio of 52.06. Equinox Gold has a 52 week low of C$0.85 and a 52 week high of C$1.37. The firm has a market cap of $624.83 million and a PE ratio of -10.46.
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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