The Globe and Mail reports in its Wednesday, Jan. 31, edition that Desjardins Securities analyst John Sclodnick has elevated his recommendation for Equinox Gold to a "buy" recommendation from "hold," citing "a potential return to target of more than 30 per cent, greater comfort with the balance sheet and that it is now through the heavy investment period with the potential for deleveraging later this year." The Globe's David Leeder writes in the Eye On Equities column that Mr. Sclodnick's share target rose to $7.75 from $7.25. Analysts on average target the shares at $8.75. The Globe reported on Jan. 27, 2022, that Mr. Sclodnick lowered Equinox Gold to "hold" from "buy." Mr. Sclodnick said the downside risk outweighed the near-term upside. Equinox Gold was then worth $7.21. The Globe reported on Sept. 13, 2023, that RBC Capital analyst Wayne Lam had elevated his call for Equinox Gold to "sector perform" from "underperform." The shares were then going for $6.59. The Globe reported on Jan. 19 that BMO Capital Markets analyst Kevin O'Halloran had reinstated coverage of Equinox Gold with an "outperform" recommendation. The shares could then be had for $6.07.