Equinox Gold (NASDAQ:SBSW) Raised to “Hold” at BidaskClub

BidaskClub upgraded shares of Equinox Gold (NASDAQ:SBSW) from a sell rating to a hold rating in a report issued on Thursday morning, BidAskClub reports.

A number of other equities research analysts have also issued reports on the stock. Royal Bank of Canada restated a buy rating and set a $14.75 price target on shares of Equinox Gold in a report on Thursday, September 24th. Zacks Investment Research lowered shares of Equinox Gold from a buy rating to a hold rating in a report on Tuesday, July 14th.

SBSW stock opened at $12.43 on Thursday. Equinox Gold has a 52-week low of $3.50 and a 52-week high of $13.89. The company’s 50 day moving average price is $12.07.

The business also recently declared an annual dividend, which was paid on Thursday, October 1st. Stockholders of record on Friday, September 18th were paid a dividend of $0.096 per share. The ex-dividend date was Thursday, September 17th. This represents a dividend yield of 0.76%.

About Equinox Gold

Sibanye Stillwater Limited operates as a precious metals mining company. It produces platinum group metals (PGMs), including platinum, palladium, and rhodium; and gold, as well as nickel, copper, chrome, and other minerals. Its PGM operations located in the United States include the East Boulder and Stillwater mines in Montana; and the Columbus Metallurgical Complex, which smelts the material mined to produce PGM filter cake, as well as recycles PGMs from autocatalysts.

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