National Bank Maintains a Buy Rating on Equinox Gold Corp (EQX)


In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Equinox Gold Corp (TSXV: EQX). Analyst Don DeMarco from National Bank rated Equinox Gold Corp (TSXV: EQX) a Buy, setting a C$2 price target.

According to TipRanks.com, DeMarco is a 2-star analyst with an average return of 3.1% and a 71.4% success rate. DeMarco covers the Basic Materials sector, focusing on stocks such as Osisko Mining Inc, Tahoe Resources, and TMAC Resources.

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Currently, the analyst consensus on Equinox Gold Corp is a Moderate Buy with an average price target of C$2.

The company has a one-year high of C$1.39 and a one-year low of C$0.88. Currently, Equinox Gold Corp has an average volume of 552.4K.

Equinox Gold Corp. engages in the exploration of gold mining properties. Its operations include the Aurizona Gold Mine, and Mountain Gold Mine. The company is headquartered in Vancouver, Canada.

The company’s shares closed on Friday at C$1.

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