Monument Mining (CVE:MMY) Given a C$1.50 Price Target at Fundamental Research

Fundamental Research set a C$1.50 target price on Monument Mining (CVE:MMY) in a research note published on Tuesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Monument Mining Price Performance

Monument Mining stock opened at C$1.02 on Tuesday. The company has a current ratio of 2.70, a quick ratio of 2.36 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of C$0.77 and a 200 day moving average price of C$0.56. Monument Mining has a 12-month low of C$0.25 and a 12-month high of C$1.10. The stock has a market cap of C$352.00 million, a P/E ratio of 9.27 and a beta of 1.48.

Monument Mining Company Profile

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.