Montage Gold Corp. (TSE:MAU) Stock Has Consensus Price Target of C$17.77

Shares of Montage Gold Corp. (TSE:MAU) have received a consensus rating of “Buy” from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$17.77.

Several equities research analysts have recently commented on MAU shares. Scotiabank lifted their price target on shares of Montage Gold from C$19.00 to C$20.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, August 12th. Stifel Nicolaus boosted their price target on shares of Montage Gold from C$18.00 to C$21.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. National Bank Financial increased their price objective on shares of Montage Gold from C$22.00 to C$24.00 and gave the company an “outperform” rating in a report on Monday, September 21st. ATB Cormark Capital Markets raised their price objective on shares of Montage Gold from C$19.00 to C$22.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. Finally, Beacon Securities lifted their target price on shares of Montage Gold from C$18.00 to C$21.50 and gave the stock a “buy” rating in a report on Thursday, August 13th.

Montage Gold Price Performance

Shares of MAU stock opened at C$14.40 on Tuesday. The stock has a 50-day moving average price of C$18.12 and a 200 day moving average price of C$16.07. The company has a quick ratio of 0.35, a current ratio of 4.09 and a debt-to-equity ratio of 0.27. The firm has a market cap of C$5.82 billion, a price-to-earnings ratio of -110.77 and a beta of 2.35. Montage Gold has a 12 month low of C$6.51 and a 12 month high of C$21.13.

Montage Gold (TSE:MAU) last announced its quarterly earnings data on Tuesday, August 11th. The company reported C($0.11) earnings per share for the quarter. Research analysts expect that Montage Gold will post -0.04 EPS for the current year.

About Montage Gold

Montage Gold Corp. (TSX:MAU) is a Canadian-listed company focused on becoming a premier multi-asset African gold producer, with its flagship Kone project, located in Côte d’Ivoire, at the forefront. Based on the Updated Feasibility Study published in 2024 (the ‘UFS’), the Kone project has an estimated 16-year mine life and sizeable annual production of +300koz of gold over the first 8 years and is expected to enter production in late Q4-2026. The Company has also built a high-quality, multi-asset growth pipeline including the Didievi and Wende properties in Côte d’Ivoire, and a portfolio of prospective exploration tenements in Mauritania.