Stifel Canada Weighs in on Montage Gold FY2029 Earnings

Montage Gold Corp. (CVE:MAU) – Analysts at Stifel Canada issued their FY2029 earnings per share estimates for shares of Montage Gold in a research note issued to investors on Wednesday, March 19th. Stifel Canada analyst C. Mcgill expects that the company will post earnings per share of $0.63 for the year. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Montage Gold’s current full-year earnings is ($0.04) per share.

Separately, Stifel Nicolaus set a C$4.60 price target on Montage Gold and gave the stock a “buy” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy” and a consensus price target of C$3.22.

Montage Gold Stock Down 3.4 %

Shares of Montage Gold stock opened at C$2.87 on Friday. The stock has a 50-day moving average price of C$2.36 and a 200 day moving average price of C$2.19. The company has a market cap of C$1.01 billion, a P/E ratio of -20.42 and a beta of 1.55. The company has a current ratio of 26.33, a quick ratio of 0.36 and a debt-to-equity ratio of 0.30. Montage Gold has a 1 year low of C$1.13 and a 1 year high of C$3.00.

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.