Montage Gold Corp. (CVE:MAU - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as C$2.04 and last traded at C$2.03, with a volume of 255648 shares. The stock had previously closed at C$1.95.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on MAU. Stifel Nicolaus upped their price target on Montage Gold from C$1.75 to C$2.20 in a report on Thursday, July 11th. Cormark boosted their target price on Montage Gold from C$2.00 to C$2.50 in a research report on Thursday, August 15th. National Bankshares set a C$2.50 price target on Montage Gold and gave the company an "outperform" rating in a research report on Tuesday, July 23rd. National Bank Financial raised Montage Gold to a "strong-buy" rating in a research note on Monday, July 22nd. Finally, Raymond James upped their price objective on shares of Montage Gold from C$1.65 to C$2.75 in a research note on Thursday, August 15th. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Montage Gold presently has an average rating of "Buy" and an average price target of C$2.49.
Get Our Latest Report on MAU
Montage Gold Stock Up 2.6 %
The business has a fifty day moving average price of C$1.82 and a two-hundred day moving average price of C$1.54. The firm has a market cap of C$689.16 million, a PE ratio of -13.33 and a beta of 1.55. The company has a debt-to-equity ratio of 1.11, a current ratio of 5.75 and a quick ratio of 0.36.
Montage Gold (CVE:MAU - Get Free Report) last issued its earnings results on Thursday, August 22nd. The company reported C($0.03) earnings per share for the quarter, missing analysts' consensus estimates of C($0.01) by C($0.02). On average, analysts anticipate that Montage Gold Corp. will post -0.04 EPS for the current fiscal year.
Montage Gold Company Profile
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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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