Montage Gold Corp. (CVE:MAU) Receives C$3.27 Consensus Target Price from Analysts

Shares of Montage Gold Corp. (CVE:MAU) have been assigned a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$3.27.

Several research firms have commented on MAU. BMO Capital Markets boosted their target price on Montage Gold from C$3.00 to C$3.75 in a research note on Friday, October 25th. Stifel Nicolaus boosted their price objective on shares of Montage Gold from C$3.20 to C$4.85 in a research report on Wednesday, October 30th. Finally, Ventum Cap Mkts raised shares of Montage Gold to a “strong-buy” rating in a research report on Friday, September 27th.

Montage Gold Stock Up 1.0 %

MAU stock opened at C$2.10 on Wednesday. The company has a debt-to-equity ratio of 1.11, a current ratio of 5.75 and a quick ratio of 0.36. The stock has a market capitalization of C$723.62 million, a P/E ratio of -14.00 and a beta of 1.55. Montage Gold has a fifty-two week low of C$0.65 and a fifty-two week high of C$2.61. The business has a 50-day moving average of C$2.24 and a 200-day moving average of C$1.88.

Montage Gold Company Profile

Montage Gold Corp., a precious metals exploration and development company, engages in the exploration and development of mineral properties. Its flagship property is the Koné Gold Project covering an area of 2,259 square kilometers located in the Côte d'Ivoire, West Africa. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.