Montage Gold (CVE:MAU) PT Raised to C$2.20 at Stifel Nicolaus

Montage Gold (CVE:MAUGet Free Report) had its price objective increased by equities researchers at Stifel Nicolaus from C$1.75 to C$2.20 in a report issued on Thursday, BayStreet.CA reports. Stifel Nicolaus’ price objective would suggest a potential upside of 25.71% from the stock’s previous close.

MAU has been the topic of several other reports. Cormark increased their target price on Montage Gold from C$1.85 to C$2.00 in a report on Wednesday. Raymond James raised their price objective on Montage Gold from C$1.50 to C$1.65 in a research report on Tuesday, April 23rd.

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Montage Gold Stock Performance

Shares of Montage Gold stock opened at C$1.75 on Thursday. Montage Gold has a 12-month low of C$0.51 and a 12-month high of C$1.78. The stock has a market cap of C$411.78 million, a P/E ratio of -12.50 and a beta of 1.31. The company has a quick ratio of 0.36, a current ratio of 5.77 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average is C$1.41 and its 200-day moving average is C$1.11.

Montage Gold (CVE:MAUGet Free Report) last posted its quarterly earnings results on Monday, April 29th. The company reported C($0.06) earnings per share for the quarter. Equities research analysts predict that Montage Gold will post -0.04 earnings per share for the current fiscal year.

About Montage Gold

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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.

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