Shares of Montage Gold Corp. (OTCMKTS:MAUTF – Get Free Report) were up 0.6% on Tuesday. The company traded as high as $12.5017 and last traded at $12.4294. 58,764 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 174,491 shares. The stock had previously closed at $12.3545.
Analysts Set New Price Targets
Separately, Scotiabank reissued an “outperform” rating on shares of Montage Gold in a research report on Wednesday, August 12th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.
Check Out Our Latest Report on MAUTF
Montage Gold Stock Performance
About Montage Gold
Montage Gold Corp. is a Canadian mineral exploration and development company focused on advancing gold assets in Côte d’Ivoire, West Africa. The company is developing the Koné Gold Project, a large-scale gold project in the northern part of the country, and is focused on exploration, resource definition, permitting and project development activities.
The Koné Gold Project includes several deposits and targets within a broader mineralized area. Montage Gold’s work includes geological exploration, drilling, engineering studies and evaluation of potential mining and processing operations.
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