Ventum Cap Mkts upgraded shares of Montage Gold (CVE:MAU – Free Report) to a strong-buy rating in a research note issued to investors on Friday, Zacks.com reports.
MAU has been the topic of a number of other reports. Raymond James boosted their target price on shares of Montage Gold from C$1.65 to C$2.75 in a report on Thursday, August 15th. National Bankshares set a C$2.50 price objective on Montage Gold and gave the company an outperform rating in a research report on Tuesday, July 23rd. Stifel Nicolaus lifted their target price on Montage Gold from C$1.75 to C$2.20 in a report on Thursday, July 11th. National Bank Financial upgraded shares of Montage Gold to a strong-buy rating in a report on Monday, July 22nd. Finally, Cormark upped their price objective on Montage Gold from C$2.00 to C$2.50 in a research report on Thursday, August 15th. Five investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of Buy and an average price target of C$2.49.
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Montage Gold Stock Down 1.6 %
Montage Gold (CVE:MAU – Get Free Report) last posted its earnings results on Thursday, August 22nd. The company reported C($0.03) EPS for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.02). Analysts predict that Montage Gold will post -0.04 EPS for the current fiscal year.
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.
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