Montage Gold (CVE:MAU) Price Target Lowered to C$4.60 at Stifel Nicolaus

Montage Gold (CVE:MAU) had its price target decreased by Stifel Nicolaus from C$4.85 to C$4.60 in a report issued on Monday,BayStreet.CA reports.

Other equities analysts also recently issued reports about the company. Ventum Cap Mkts upgraded Montage Gold to a “strong-buy” rating in a research report on Friday, September 27th. BMO Capital Markets raised their price objective on shares of Montage Gold from C$3.00 to C$3.75 in a report on Friday, October 25th. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of C$3.22.

Montage Gold Stock Performance

CVE MAU opened at C$2.13 on Monday. Montage Gold has a fifty-two week low of C$0.65 and a fifty-two week high of C$2.61. The stock has a market cap of C$733.96 million, a PE ratio of -14.20 and a beta of 1.55. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.36 and a current ratio of 5.75. The firm’s fifty day moving average price is C$2.24 and its two-hundred day moving average price is C$1.90.

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.