Analysts Issue Forecasts for Montage Gold FY2027 Earnings

Montage Gold Corp. (CVE:MAU) – Stock analysts at Scotiabank reduced their FY2027 earnings per share (EPS) estimates for Montage Gold in a report issued on Friday, April 10th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $1.86 per share for the year, down from their prior forecast of $1.92. The consensus estimate for Montage Gold’s current full-year earnings is ($0.04) per share.

MAU has been the subject of a number of other research reports. Stifel Nicolaus boosted their price target on Montage Gold from C$9.25 to C$12.75 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. BMO Capital Markets boosted their price target on Montage Gold from C$10.00 to C$20.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. ATB Cormark Capital Markets boosted their price objective on Montage Gold from C$16.50 to C$18.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 1st. Cormark boosted their price objective on Montage Gold from C$9.75 to C$10.50 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Finally, Canaccord Genuity Group lifted their price target on Montage Gold from C$11.00 to C$16.00 and gave the stock a “speculative buy” rating in a research report on Thursday, March 26th. Eleven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$12.46.

Montage Gold Price Performance

Shares of CVE:MAU opened at C$3.70 on Tuesday. Montage Gold has a fifty-two week low of C$1.24 and a fifty-two week high of C$3.92. The business has a 50-day moving average of C$3.70 and a two-hundred day moving average of C$3.70. The stock has a market capitalization of C$1.31 billion, a P/E ratio of -26.33 and a beta of 1.55. The company has a debt-to-equity ratio of 0.31, a current ratio of 8.43 and a quick ratio of 0.36.

Montage Gold Company Profile

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.