Shares of Monument Mining Limited (CVE:MMY – Get Free Report) traded down 4.8% during trading on Wednesday . The company traded as low as C$0.78 and last traded at C$0.79. 656,122 shares changed hands during trading, an increase of 2% from the average daily volume of 641,295 shares. The stock had previously closed at C$0.83.
Analyst Upgrades and Downgrades
Separately, Fundamental Research set a C$2.10 price target on shares of Monument Mining and gave the stock a “buy” rating in a research note on Tuesday, March 17th. One analyst has rated the stock with a Buy rating, According to MarketBeat, Monument Mining currently has a consensus rating of “Buy” and a consensus price target of C$2.10.
Read Our Latest Stock Analysis on Monument Mining
Monument Mining Stock Down 4.8%
Monument Mining Company Profile
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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