TD Cowen Keeps Their Buy Rating on Equinox Gold (EQX)
TD Cowen analyst Wayne Lam reiterated a Buy rating on Equinox Gold today and set a price target of C$22.00.
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According to TipRanks, Lam is a 5-star analyst with an average return of 15.7% and a 57.73% success rate. Lam covers the Basic Materials sector, focusing on stocks such as New Gold, Coeur Mining, and OceanaGold.
In a report released today, Stifel Nicolaus also initiated coverage with a Buy rating on the stock with a C$24.00 price target.
EQX market cap is currently C$15.41B and has a P/E ratio of 287.41.
Based on the recent corporate insider activity of 110 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.
Read More on EQX:
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