Montage Gold Corp. (CVE:MAU – Free Report) – Analysts at Scotiabank decreased their FY2027 earnings per share estimates for shares of Montage Gold in a report issued on Friday, September 25th. Scotiabank analyst O. Habib now expects that the company will post earnings of $1.07 per share for the year, down from their prior forecast of $1.51.
Separately, Canaccord Genuity Group raised shares of Montage Gold from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy”.
Montage Gold Stock Performance
Montage Gold Corp. is a Canadian mineral exploration and development company focused on advancing gold assets in West Africa. The company’s primary asset is the Koné Gold Project, a large-scale development project located in northwestern Côte d’Ivoire.
Montage is conducting exploration, resource evaluation, engineering and permitting activities at Koné with the objective of developing an open-pit gold operation. The project includes multiple mineralized areas and offers opportunities for continued exploration and potential expansion.
The company’s activities are concentrated in Côte d’Ivoire, while its corporate operations are based in Canada.
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