Equinox Gold (CVE:EQX – Free Report) had its price objective lifted by CIBC from C$8.75 to C$9.50 in a report issued on Wednesday morning, BayStreet.CA reports.
EQX has been the subject of several other reports. National Bankshares lowered their price objective on Equinox Gold from C$10.25 to C$10.00 in a research note on Friday, May 10th. BMO Capital Markets lifted their target price on Equinox Gold from C$8.00 to C$10.00 in a research report on Monday, April 29th. Cormark decreased their target price on Equinox Gold from C$9.00 to C$8.50 in a research report on Friday, May 10th. Royal Bank of Canada lifted their price target on Equinox Gold from C$7.00 to C$8.00 in a report on Wednesday, May 1st. Finally, Scotiabank lifted their price target on Equinox Gold from C$6.75 to C$7.75 in a report on Thursday, May 23rd. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Equinox Gold presently has an average rating of Moderate Buy and an average price target of C$9.27.
Check Out Our Latest Research Report on Equinox Gold
Equinox Gold Stock Performance
Insider Activity at Equinox Gold
In other news, Director Lenard Boggio sold 52,741 shares of Equinox Gold stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of C$7.62, for a total value of C$401,886.42.
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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