Analysts Set Montage Gold Corp. (CVE:MAU) PT at C$3.22

Shares of Montage Gold Corp. (CVE:MAU) have received a consensus recommendation of “Strong Buy” from the six analysts that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$3.22.

MAU has been the topic of several recent analyst reports. Stifel Nicolaus set a C$4.60 price target on Montage Gold and gave the company a “buy” rating in a report on Wednesday, March 19th. Stifel Canada raised shares of Montage Gold to a “strong-buy” rating in a research note on Wednesday, March 19th.

Montage Gold Stock Down 3.4 %

MAU opened at C$2.87 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 26.33 and a quick ratio of 0.36. Montage Gold has a one year low of C$1.13 and a one year high of C$3.00. The firm has a market capitalization of C$1.01 billion, a P/E ratio of -20.42 and a beta of 1.55. The company has a fifty day moving average price of C$2.36 and a 200-day moving average price of C$2.20.

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.