Equinox Gold (EQX) Given a C$2.00 Price Target by TD Securities Analysts

TD Securities set a C$2.00 target price on Equinox Gold (CVE:EQX) in a research report sent to investors on Wednesday, January 10th. The brokerage currently has a speculative buy rating on the stock.

Several other analysts also recently issued reports on EQX. National Bank Financial reiterated an outperform spec market weight rating on shares of Equinox Gold in a report on Thursday, December 21st. Raymond James Financial lowered their target price on Equinox Gold from C$2.00 to C$1.80 and set an outperform rating for the company in a research note on Thursday, January 4th.

Equinox Gold (CVE:EQX) traded down C$0.04 during mid-day trading on Wednesday, reaching C$1.12. The company had a trading volume of 863,700 shares, compared to its average volume of 832,670. Equinox Gold has a 12-month low of C$0.96 and a 12-month high of C$1.39. The stock has a market cap of $472.25, a price-to-earnings ratio of 12.44 and a beta of 1.73.

Equinox Gold (CVE:EQX) last issued its quarterly earnings results on Tuesday, November 7th. The company reported C($0.04) earnings per share for the quarter. Equinox Gold had a negative return on equity of 10.39% and a negative net margin of 138.09%.

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Equinox Gold Company Profile

Equinox Gold Corp. engages in the acquisition, exploration, and development of mineral deposits. The company primarily holds 100% interests in the Aurizona gold project covering approximately 241,400 hectares located in Brazil; and the Warintza copper-molybdenum exploration property with eight metallic mineral concessions covering 26,777 hectares located in Ecuador, as well as 75% interests in the Koricancha gold and silver milling operation located in Peru.

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