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Equinox Gold (EQX) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Wed Feb 11, 11:14AM CST

In a report released today, Ingrid Rico from Stifel Nicolaus maintained a Buy rating on Equinox Gold, with a price target of C$31.00.

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Rico covers the Basic Materials sector, focusing on stocks such as Aya Gold & Silver, Orla Mining, and Equinox Gold. According to TipRanks, Rico has an average return of 41.6% and a 74.41% success rate on recommended stocks.

In addition to Stifel Nicolaus, Equinox Gold also received a Buy from CIBC’s Anita Soni in a report issued on February 4. However, on January 31, TipRanks – xAI downgraded Equinox Gold (NYSE MKT: EQX) to a Hold.

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EQX market cap is currently C$15.66B and has a P/E ratio of 309.06.

Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQX in relation to earlier this year.

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