Montage Gold (CVE:MAU) Price Target Raised to C$9.75

Montage Gold (CVE:MAU) had its target price increased by Ventum Financial from C$8.00 to C$9.75 in a report issued on Monday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

MAU has been the topic of a number of other reports. Canaccord Genuity Group lifted their price objective on shares of Montage Gold from C$8.00 to C$9.00 in a report on Tuesday, November 18th. Scotiabank set a C$6.25 price objective on shares of Montage Gold and gave the stock an “outperform” rating in a research report on Thursday, September 4th. National Bankshares boosted their target price on Montage Gold from C$8.75 to C$9.50 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. SCP Equity Research increased their price target on Montage Gold from C$6.50 to C$8.75 and gave the company a “buy” rating in a research report on Tuesday, October 7th. Finally, Beacon Securities boosted their price objective on Montage Gold from C$6.00 to C$7.80 and gave the stock a “buy” rating in a research report on Tuesday, September 23rd. Three equities research analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. According to MarketBeat, Montage Gold currently has a consensus rating of “Buy” and a consensus price target of C$8.78.

Montage Gold Trading Up 1.6%

MAU opened at C$3.70 on Monday. The company has a fifty day moving average price of C$3.70 and a two-hundred day moving average price of C$3.70. Montage Gold has a 1-year low of C$1.24 and a 1-year high of C$3.92. The company has a market cap of C$1.31 billion, a P/E ratio of -26.33 and a beta of 1.55. The company has a current ratio of 26.33, a quick ratio of 0.36 and a debt-to-equity ratio of 0.30.

About Montage Gold

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.