In a report released on March 28, Wayne Lam from RBC Capital maintained a Hold rating on Equinox Gold (EQX – Research Report), with a price target of C$7.00. The company’s shares closed last Thursday at $6.02.
Lam covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, IAMGOLD, and B2Gold. According to TipRanks, Lam has an average return of -4.7% and a 50.60% success rate on recommended stocks.
Equinox Gold has an analyst consensus of Moderate Buy, with a price target consensus of $5.78.
The company has a one-year high of $6.12 and a one-year low of $3.95. Currently, Equinox Gold has an average volume of 2.24M.
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Equinox Gold (EQX) Company Description:
Equinox Gold Corp. engages in the exploration of gold mining properties. It operates mesquite & Arizona gold mine, castle mountain, gold and copper projects. The company was founded by Marc Pais on March 23, 2007 and is headquartered in Vancouver, Canada.
Read More on EQX:
- Equinox Gold’s (NYSE:EQX) Rich Valuation Reflects Growth Potential
- Equinox Gold price target lowered to C$6.80 from C$7.60 at CIBC
- Equinox Gold price target lowered to C$7.50 from C$8 at BMO Capital
- Equinox Gold price target lowered to C$7 from C$7.75 at Scotiabank
- Equinox Gold price target lowered to C$8 from C$8.50 at TD Securities
