Montage Gold Corp. (OTCMKTS:MAUTF – Get Free Report) shares dropped 0.3% on Tuesday . The company traded as low as $14.80 and last traded at $15.00. Approximately 78,695 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 176,049 shares. The stock had previously closed at $15.05.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on MAUTF shares. Scotiabank restated an “outperform” rating on shares of Montage Gold in a research report on Wednesday, August 12th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Montage Gold in a research note on Monday, May 18th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Montage Gold presently has an average rating of “Buy”.
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Montage Gold Price Performance
About Montage Gold
Montage Gold Inc is a mineral exploration company focused on the acquisition, exploration and development of gold projects in West Africa. Headquartered in Vancouver, British Columbia, the company is building a portfolio of highly prospective assets in one of the world’s most prolific gold regions. Montage Gold conducts systematic field programs to advance its targets toward resource definition and potential development.
The company’s principal assets include the Morila West and Tabango gold projects in southwestern Mali.
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