Montage Gold Corp. (OTCMKTS:MAUTF – Get Free Report) shares dropped 3.8% on Tuesday . The company traded as low as $13.17 and last traded at $13.29. Approximately 86,971 shares were traded during trading, a decline of 50% from the average daily volume of 174,287 shares. The stock had previously closed at $13.8140.
Analysts Set New Price Targets
A number of research firms have recently weighed in on MAUTF. BMO Capital Markets reiterated an “outperform” rating on shares of Montage Gold in a research note on Monday, May 18th. Scotiabank reaffirmed an “outperform” rating on shares of Montage Gold in a research note on Wednesday, August 12th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.
Get Our Latest Report on MAUTF
Montage Gold Trading Down 3.8%
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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