Fundamental Research Reiterates C$0.68 Price Target for Monument Mining (CVE:MMY)

Fundamental Research set a C$0.68 price target on Monument Mining (CVE:MMY) in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Monument Mining Price Performance

MMY stock opened at C$0.42 on Tuesday. Monument Mining has a 52 week low of C$0.13 and a 52 week high of C$0.44. The company has a quick ratio of 2.36, a current ratio of 2.70 and a debt-to-equity ratio of 0.12. The company has a fifty day simple moving average of C$0.35 and a two-hundred day simple moving average of C$0.29. The firm has a market capitalization of C$96.99 million, a P/E ratio of 10.18 and a beta of 1.07.

About Monument Mining

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.