Analysts Set Montage Gold Corp. (CVE:MAU) PT at C$11.41

Shares of Montage Gold Corp. (CVE:MAU) have been given an average rating of “Buy” by the ten analysts that are covering the stock, Marketbeat reports. Ten equities research analysts have rated the stock with a buy rating. The average 1-year price target among brokers that have issued a report on the stock in the last year is C$11.41.

Several equities analysts recently commented on MAU shares. Canaccord Genuity Group upped their price target on shares of Montage Gold from C$9.00 to C$11.00 and gave the stock a “speculative buy” rating in a research report on Wednesday, December 17th. Stifel Nicolaus boosted their price objective on shares of Montage Gold from C$9.25 to C$12.75 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Cormark upped their price objective on Montage Gold from C$9.75 to C$10.50 and gave the stock a “buy” rating in a report on Thursday, December 18th. National Bank Financial increased their target price on Montage Gold from C$8.75 to C$9.50 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Finally, Raymond James Financial lifted their target price on Montage Gold from C$7.50 to C$9.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th.

Montage Gold Trading Up 1.6%

Shares of MAU stock opened at C$3.70 on Monday. The firm has a market cap of C$1.31 billion, a P/E ratio of -26.33 and a beta of 1.55. Montage Gold has a 1-year low of C$1.24 and a 1-year high of C$3.92. The company has a debt-to-equity ratio of 0.31, a current ratio of 8.43 and a quick ratio of 0.36. The firm’s 50-day simple moving average is C$3.70 and its 200-day simple moving average is C$3.70.

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.