Monument Mining Limited (CVE:MMY – Get Free Report)’s stock price rose 1.1% on Tuesday . The company traded as high as C$0.93 and last traded at C$0.91. Approximately 558,000 shares traded hands during trading, a decline of 16% from the average daily volume of 664,741 shares. The stock had previously closed at C$0.90.
Analysts Set New Price Targets
Separately, Fundamental Research set a C$2.10 price objective on Monument Mining and gave the company a “buy” rating in a research report on Tuesday, March 17th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$2.10.
Monument Mining Stock Up 1.1%
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.
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