Monument Mining (CVE:MMY) Given a C$0.56 Price Target by Fundamental Research Analysts

Fundamental Research set a C$0.56 price objective on Monument Mining (CVE:MMY - Free Report) in a research note issued to investors on Wednesday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Monument Mining Stock Performance

Shares of MMY traded up C$0.02 during trading hours on Wednesday, hitting C$0.31. The stock had a trading volume of 301,724 shares, compared to its average volume of 177,661. The firm has a market capitalization of C$100.02 million, a PE ratio of 10.17 and a beta of 1.07. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.06 and a quick ratio of 2.36. Monument Mining has a 12 month low of C$0.10 and a 12 month high of C$0.31. The stock has a fifty day moving average price of C$0.21 and a 200 day moving average price of C$0.17.

Monument Mining (CVE:MMY - Get Free Report) last released its quarterly earnings results on Monday, September 30th. The company reported C$0.03 earnings per share (EPS) for the quarter. Monument Mining had a return on equity of 5.48% and a net margin of 12.53%. The business had revenue of C$25.45 million during the quarter. Analysts anticipate that Monument Mining will post 0.01 EPS for the current year.

Monument Mining Company Profile

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.