Equinox Gold (CVE:EQX – Get Free Report) had its price objective decreased by investment analysts at CIBC from C$9.50 to C$8.80 in a note issued to investors on Friday, BayStreet.CA reports. CIBC’s price objective suggests a potential upside of 11.68% from the stock’s previous close.
A number of other equities analysts also recently issued reports on EQX. Canaccord Genuity Group increased their price target on Equinox Gold from C$12.00 to C$12.75 in a research report on Tuesday, July 23rd. Scotiabank boosted their price objective on shares of Equinox Gold from C$7.75 to C$8.50 in a research note on Monday, August 19th. Royal Bank of Canada increased their price target on Equinox Gold from C$10.00 to C$11.00 and gave the company a “sector perform” rating in a research note on Tuesday, September 10th. Finally, Haywood Securities cut their price objective on shares of Equinox Gold from C$12.75 to C$11.50 in a report on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$9.83.
Get Our Latest Stock Analysis on EQX
Equinox Gold Price Performance
Equinox Gold Company Profile
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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