Montage Gold (OTCMKTS:MAUTF) Trading Up 0.6% – What’s Next?

Shares of Montage Gold Corp. (OTCMKTS:MAUTFGet Free Report) were up 0.6% during mid-day trading on Thursday . The company traded as high as $10.74 and last traded at $10.28. Approximately 44,593 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 203,149 shares. The stock had previously closed at $10.22.

Analyst Ratings Changes

A number of research analysts have recently weighed in on MAUTF shares. BMO Capital Markets restated an “outperform” rating on shares of Montage Gold in a research report on Wednesday, January 28th. Scotiabank restated an “outperform” rating on shares of Montage Gold in a research report on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

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Montage Gold Price Performance

The company has a 50-day moving average of $10.98 and a 200 day moving average of $8.49.

About Montage Gold

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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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