Montage Gold (OTCMKTS:MAUTF) Shares Up 0.4% – Still a Buy?

Shares of Montage Gold Corp. (OTCMKTS:MAUTFGet Free Report) shot up 0.4% on Monday . The stock traded as high as $11.95 and last traded at $11.4001. 16,960 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 178,072 shares. The stock had previously closed at $11.36.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Scotiabank reissued an “outperform” rating on shares of Montage Gold in a research report on Tuesday, June 23rd. BMO Capital Markets restated an “outperform” rating on shares of Montage Gold in a report on Monday, May 18th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

Check Out Our Latest Research Report on MAUTF

Montage Gold Stock Performance

The stock’s 50 day moving average price is $11.34 and its 200-day moving average price is $10.82.

About Montage Gold

(Get Free Report)

Montage Gold Inc is a mineral exploration company focused on the acquisition, exploration and development of gold projects in West Africa. Headquartered in Vancouver, British Columbia, the company is building a portfolio of highly prospective assets in one of the world’s most prolific gold regions. Montage Gold conducts systematic field programs to advance its targets toward resource definition and potential development.

The company’s principal assets include the Morila West and Tabango gold projects in southwestern Mali.

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