Monument Mining (CVE:MMY) Given a C$0.68 Price Target at Fundamental Research

Fundamental Research set a C$0.68 price target on Monument Mining (CVE:MMY) in a report published on Tuesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Monument Mining Stock Performance

Shares of CVE MMY opened at C$0.39 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.36 and a current ratio of 2.70. The company has a market cap of C$90.06 million, a P/E ratio of 9.45 and a beta of 1.07. The firm’s fifty day moving average is C$0.35 and its two-hundred day moving average is C$0.28. Monument Mining has a 52-week low of C$0.13 and a 52-week high of C$0.40.

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.