Equinox Gold Cp (NASDAQ:EQX) Hits New 52-Week High at $8.23

Equinox Gold Cp (NASDAQ:EQX)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $8.23 and last traded at $8.16, with a volume of 7035 shares changing hands. The stock had previously closed at $7.98.

EQX has been the topic of a number of research analyst reports. National Bank Financial set a $10.00 target price on shares of Equinox Gold Cp and gave the company a “buy” rating in a research note on Monday, October 21st. Zacks Investment Research lowered shares of Equinox Gold Cp from a “hold” rating to a “sell” rating in a research note on Wednesday. Raymond James set a $13.00 target price on shares of Equinox Gold Cp and gave the company a “buy” rating in a research note on Tuesday, October 8th. Finally, CIBC lowered shares of Equinox Gold Cp from an “outperform” rating to a “neutral” rating in a research note on Tuesday, December 17th.

The stock’s 50 day simple moving average is $6.92.

Equinox Gold Cp (NASDAQ:EQX) last posted its earnings results on Wednesday, October 30th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $91.90 million during the quarter.

An institutional investor recently bought a new position in Equinox Gold Cp stock. Commonwealth Equity Services LLC purchased a new position in Equinox Gold Cp (NASDAQ:EQX) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 10,975 shares of the company’s stock, valued at approximately $58,000.

Equinox Gold Cp Company Profile (NASDAQ:EQX)

Equinox Gold Corp. engages in the acquisition, exploration, and development of mineral deposits. The company's principal properties include the Aurizona gold mine covering a total land package of approximately 2,000 square kilometers located in Maranhão State, Brazil; and the Mesquite gold mine covering a total area of 1,890 hectares and Castle Mountain property situated in California, the United States.

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