Montage Gold (CVE:MAU) Given New C$4.60 Price Target at Stifel Nicolaus

Montage Gold (CVE:MAU) had its target price trimmed by Stifel Nicolaus from C$4.85 to C$4.60 in a report published on Monday,BayStreet.CA reports.

Several other analysts have also weighed in on MAU. Ventum Cap Mkts raised shares of Montage Gold to a “strong-buy” rating in a report on Friday, September 27th. BMO Capital Markets raised their target price on shares of Montage Gold from C$3.00 to C$3.75 in a report on Friday, October 25th. Five research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$3.22.

Montage Gold Price Performance

MAU opened at C$2.12 on Monday. The company has a market capitalization of C$730.51 million, a P/E ratio of -14.13 and a beta of 1.55. The company has a 50-day moving average of C$2.24 and a 200-day moving average of C$1.89. 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 has a 1-year low of C$0.65 and a 1-year high of C$2.61.

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.