Monument Mining (CVE:MMY) Given a C$0.51 Price Target at Fundamental Research

Monument Mining (CVE:MMYGet Free Report) has been assigned a C$0.51 price objective by Fundamental Research in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s price objective suggests a potential upside of 251.72% from the stock’s previous close.

Monument Mining Stock Performance

MMY stock opened at C$0.15 on Tuesday. The company has a market capitalization of C$47.55 million, a price-to-earnings ratio of -7.25 and a beta of 1.10. The firm has a 50 day moving average of C$0.15 and a two-hundred day moving average of C$0.15. The company has a quick ratio of 2.36, a current ratio of 2.22 and a debt-to-equity ratio of 0.22. Monument Mining has a 12 month low of C$0.10 and a 12 month high of C$0.20.

About Monument Mining

(Get Free Report)

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.

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