Shares of Montage Gold Corp. (TSE:MAU – Get Free Report) have been assigned an average recommendation of “Buy” from the ten ratings firms that are covering the stock, MarketBeat reports. Ten equities research analysts have rated the stock with a buy recommendation. The average 1 year price target among brokerages that have covered the stock in the last year is C$17.77.
MAU has been the topic of a number of research reports. Beacon Securities raised their price target on Montage Gold from C$18.00 to C$21.50 and gave the company a “buy” rating in a research report on Thursday, August 13th. ATB Cormark Capital Markets upped their price objective on Montage Gold from C$19.00 to C$22.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. National Bank Financial upped their price objective on Montage Gold from C$22.00 to C$24.00 and gave the stock an “outperform” rating in a report on Monday, September 21st. Stifel Nicolaus increased their price objective on Montage Gold from C$18.00 to C$21.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Finally, Scotiabank increased their price objective on Montage Gold from C$19.00 to C$20.00 and gave the company a “sector outperform” rating in a research report on Wednesday, August 12th.
Check Out Our Latest Analysis on MAU
Montage Gold Stock Performance
Montage Gold (TSE:MAU – Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported C($0.11) earnings per share (EPS) for the quarter. On average, equities research analysts expect that Montage Gold will post -0.04 earnings per share for the current fiscal year.
Montage Gold Company Profile
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.
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