Stifel Canada Weighs in on Montage Gold FY2029 Earnings

Montage Gold Corp. (CVE:MAU) – Investment analysts at Stifel Canada issued their FY2029 EPS estimates for Montage Gold in a note issued to investors on Wednesday, March 19th. Stifel Canada analyst C. Mcgill expects that the company will earn $0.63 per share for the year. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Montage Gold’s current full-year earnings is ($0.04) per share.

Separately, Stifel Nicolaus set a C$4.60 price objective on shares of Montage Gold and gave the company a “buy” rating in a report on Wednesday. Three equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Strong Buy” and an average price target of C$3.22.

Montage Gold Price Performance

Shares of CVE MAU opened at C$2.87 on Friday. The firm has a 50-day simple moving average of C$2.36 and a 200-day simple moving average of C$2.19. The stock has a market capitalization of C$1.01 billion, a price-to-earnings ratio of -20.42 and a beta of 1.55. The company has a quick ratio of 0.36, a current ratio of 26.33 and a debt-to-equity ratio of 0.30. Montage Gold has a 52 week low of C$1.13 and a 52 week high of C$3.00.

About Montage Gold

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.