Montage Gold Corp. (CVE:MAU - Free Report) - Analysts at Stifel Canada decreased their FY2024 EPS estimates for Montage Gold in a research note issued on Tuesday, October 29th. Stifel Canada analyst S. Soock now anticipates that the company will post earnings per share of ($0.08) for the year, down from their prior forecast of ($0.06). The consensus estimate for Montage Gold's current full-year earnings is ($0.04) per share. Stifel Canada also issued estimates for Montage Gold's FY2025 earnings at ($0.03) EPS, FY2026 earnings at ($0.02) EPS, FY2027 earnings at $0.29 EPS and FY2028 earnings at $0.60 EPS.
A number of other equities research analysts also recently weighed in on MAU. Ventum Cap Mkts upgraded Montage Gold to a "strong-buy" rating in a research report on Friday, September 27th. BMO Capital Markets upped their price objective on Montage Gold from C$3.00 to C$3.75 in a report on Friday, October 25th. National Bank Financial raised Montage Gold to a "strong-buy" rating in a report on Monday, July 22nd. Stifel Nicolaus upped their price target on shares of Montage Gold from C$3.20 to C$4.85 in a report on Wednesday. Finally, Cormark lifted their price objective on shares of Montage Gold from C$2.00 to C$2.50 in a research note on Thursday, August 15th. Five analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of C$3.27.
Check Out Our Latest Stock Analysis on MAU
Montage Gold Price Performance
Shares of CVE:MAU traded up C$0.03 during trading on Friday, reaching C$2.51. The company had a trading volume of 335,760 shares, compared to its average volume of 343,377. The firm's fifty day moving average is C$1.97 and its 200 day moving average is C$1.66. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.36 and a current ratio of 5.75. The firm has a market capitalization of C$864.90 million, a PE ratio of -16.53 and a beta of 1.55. Montage Gold has a twelve month low of C$0.61 and a twelve month high of C$2.61.
Montage Gold (CVE:MAU - Get Free Report) last posted its earnings results on Thursday, August 22nd. The company reported C($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C($0.01) by C($0.02).
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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