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Analysts Offer Insights on Materials Companies: Equinox Gold (EQX) and G Mining Ventures (OtherGMINF)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Equinox Gold (EQXResearch Report) and G Mining Ventures (GMINFResearch Report) with bullish sentiments.

Equinox Gold (EQX)

In a report released today, Ryan Thompson from BMO Capital maintained a Buy rating on Equinox Gold, with a price target of C$8.50. The company’s shares closed last Monday at $3.76, close to its 52-week low of $3.18.

According to TipRanks.com, Thompson is a 2-star analyst with an average return of 0.8% and a 32.8% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Fortuna Silver Mines, and Torex Gold Resources.

Equinox Gold has an analyst consensus of Moderate Buy, with a price target consensus of $6.38.

See the top stocks recommended by analysts >>

G Mining Ventures (GMINF)

In a report released today, Andrew Mikitchook from BMO Capital maintained a Buy rating on G Mining Ventures, with a price target of C$1.60. The company’s shares closed last Monday at $0.62.

According to TipRanks.com, Mikitchook is a 4-star analyst with an average return of 7.8% and a 48.6% success rate. Mikitchook covers the Basic Materials sector, focusing on stocks such as Ivanhoe Electric Inc., Victoria Gold, and Ivanhoe Mines.

G Mining Ventures has an analyst consensus of Moderate Buy, with a price target consensus of $1.25.

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