Montage Gold Corp. (CVE:MAU) Receives Consensus Recommendation of "Buy" from Brokerages

Montage Gold Corp. (CVE:MAU - Get Free Report) has earned an average rating of "Buy" from the seven research firms that are covering the firm, MarketBeat reports. Five analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$3.27.

A number of research analysts recently issued reports on MAU shares. Stifel Nicolaus boosted their target price on shares of Montage Gold from C$3.20 to C$4.85 in a research report on Wednesday, October 30th. Ventum Cap Mkts raised Montage Gold to a "strong-buy" rating in a research note on Friday, September 27th. Finally, BMO Capital Markets upped their target price on Montage Gold from C$3.00 to C$3.75 in a research report on Friday, October 25th.

Montage Gold Trading Down 2.8 %

Shares of MAU stock traded down C$0.06 on Wednesday, hitting C$2.10. The company had a trading volume of 498,136 shares, compared to its average volume of 342,971. The stock's 50-day moving average is C$2.23 and its two-hundred day moving average is C$1.87. Montage Gold has a twelve month low of C$0.65 and a twelve month high of C$2.61. The firm has a market cap of C$723.62 million, a P/E ratio of -14.00 and a beta of 1.55. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.36 and a current ratio of 5.75.

Montage Gold Company Profile

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.