Equinox Gold (EQX) Price Target Cut to C$1.80

Equinox Gold (CVE:EQX) had its target price decreased by investment analysts at Raymond James Financial from C$2.00 to C$1.80 in a research note issued to investors on Thursday. The brokerage currently has an “outperform” rating on the stock. Raymond James Financial’s target price indicates a potential upside of 55.17% from the stock’s current price.

Separately, National Bank Financial reiterated an “outperform spec market weight” rating on shares of Equinox Gold in a research report on Thursday, December 21st.

Equinox Gold (EQX) opened at C$1.16 on Thursday. Equinox Gold has a 52-week low of C$0.88 and a 52-week high of C$2.02. The firm has a market cap of $195.51, a P/E ratio of 12.89 and a beta of -7.84.

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Equinox Gold Company Profile

Trek Mining Inc, formerly JDL Gold Corp, is a Canada-based growth-focused mining company. The Company has a portfolio of production, near-production and exploration-stage projects in North and South America. The Company’s production properties include: the Aurizona Gold Mine, which is an open pit mine located in Northeast Brazil, as well as the Koricancha Mill, a custom built gold and silver ore processing facility in Peru.

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