thedailyinvestor

Equinox Gold 30%+ Potential Gain

Long
AMEX:EQX   Equinox Gold Corp.
With the inflation report coming out showing an annualized inflation rate of 6.2% now is a good time to purchase physical gold or gold stocks like Equinox or EQX.

Sector: Materials
Industry: Metals & Mining
Company Location: Vancouver, BC
Equinox Gold Corp. engages in the acquisition, exploration, and development of mineral deposits. The company primarily explores for gold and silver deposits. Its properties include the Aurizona gold mine located in Maranhao State; the Fazenda gold mine located in Bahia State; the RDM gold mine located in Minas Gerais State; and the Santa Luz gold mine located in Bahia State, Brazil. The company also hold interests in the Mesquite gold mine and the Castle Mountain property situated in California, the United States; and the Los Filos Gold Mine located in Guerrero State, Mexico. In addition, it holds a 60% interest in the Greenstone project located in Ontario, Canada. The company was formerly known as Trek Mining Inc. and changed its name to Equinox Gold Corp. in December 2017. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

12-Month Price Targets
Mean: $10.60
High: $11.00
Low: $10.20
Expected Return: 30%+
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