Equinox Gold Corp. (TSE:EQX – Get Rating) has been assigned a consensus recommendation of "Hold" from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$12.11.
Separately, National Bank Financial downgraded Equinox Gold from an "outperform spec overweight" rating to a "sector perform spec overwgt" rating in a report on Thursday, July 28th.
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Equinox Gold stock opened at C$4.52 on Friday. The firm's 50 day simple moving average is C$5.09 and its 200-day simple moving average is C$7.32. Equinox Gold has a fifty-two week low of C$4.19 and a fifty-two week high of C$11.46. The company has a market cap of C$1.38 billion and a P/E ratio of 2.42. The company has a debt-to-equity ratio of 28.02, a current ratio of 2.89 and a quick ratio of 1.52.
Equinox Gold (TSE:EQX – Get Rating) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported C($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.02) by C($0.18). The business had revenue of C$286.67 million for the quarter. As a group, equities research analysts predict that Equinox Gold will post 0.46 EPS for the current year.About Equinox Gold
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Equinox Gold Corp. engages in the operation, acquisition, exploration, and development of mineral properties. The company primarily explores for gold and silver deposits. Its properties include the Aurizona gold mine located in Maranhão State; the RDM gold mine located in Minas Gerais State; and Fazenda gold mine and the Santa Luz gold mine located in Bahia State, Brazil.
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