Several other analysts have also recently issued reports on the stock. National Bank Financial cut shares of Equinox Gold from an outperform spec overweight rating to a sector perform spec overwgt rating in a research note on Tuesday, February 26th. Raymond James set a C$2.00 price objective on shares of Equinox Gold and gave the company an outperform rating in a research note on Tuesday, February 26th. Finally, CIBC boosted their price objective on shares of Equinox Gold from C$1.30 to C$1.50 in a research note on Monday, January 21st.
Shares of CVE EQX traded down C$0.01 during trading on Thursday, hitting C$1.23. 27,855 shares of the company traded hands, compared to its average volume of 559,866. Equinox Gold has a 1 year low of C$0.85 and a 1 year high of C$1.29. The stock has a market capitalization of $689.13 million and a PE ratio of -7.21. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 19.95.
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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