Shares of Montage Gold Corp. (CVE:MAU - Get Free Report) have received an average recommendation of "Buy" from the seven research firms that are presently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$3.27.
Several research firms recently weighed in on MAU. Stifel Nicolaus increased their price target on shares of Montage Gold from C$3.20 to C$4.85 in a research report on Wednesday, October 30th. Cormark raised their price target on shares of Montage Gold from C$2.00 to C$2.50 in a research note on Thursday, August 15th. Ventum Cap Mkts raised shares of Montage Gold to a "strong-buy" rating in a report on Friday, September 27th. Raymond James increased their price objective on Montage Gold from C$1.65 to C$2.75 in a report on Thursday, August 15th. Finally, BMO Capital Markets boosted their target price on Montage Gold from C$3.00 to C$3.75 in a research note on Friday, October 25th.
Check Out Our Latest Stock Analysis on MAU
MAU opened at C$2.37 on Friday. Montage Gold has a 1 year low of C$0.65 and a 1 year high of C$2.61. The company has a debt-to-equity ratio of 1.11, a current ratio of 5.75 and a quick ratio of 0.36. The company has a market capitalization of C$816.65 million, a price-to-earnings ratio of -15.80 and a beta of 1.55. The firm's fifty day moving average price is C$2.13 and its two-hundred day moving average price is C$1.78.
Montage Gold (CVE:MAU - Get Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported C($0.03) earnings per share for the quarter, missing the consensus estimate of C($0.01) by C($0.02). As a group, analysts anticipate that Montage Gold will post -0.04 earnings per share for the current fiscal year.
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.
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