Montage Gold (TSE:MAU) Price Target Raised to C$22.00 at BMO Capital Markets

Montage Gold (TSE:MAU – Get Free Report) had its target price hoisted by analysts at BMO Capital Markets from C$20.00 to C$22.00 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 45.70% from the stock’s current price.

MAU has been the subject of a number of other reports. Canaccord Genuity Group increased their price objective on shares of Montage Gold from C$11.00 to C$16.00 and gave the stock a “speculative buy” rating in a research note on Thursday, March 26th. ATB Cormark Capital Markets upped their target price on shares of Montage Gold from C$16.50 to C$18.00 and gave the company an “outperform” rating in a report on Wednesday, April 1st. Stifel Nicolaus upped their target price on shares of Montage Gold from C$16.00 to C$18.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Scotiabank upped their target price on shares of Montage Gold from C$10.00 to C$15.00 in a report on Monday, January 26th. Finally, National Bank Financial upped their target price on shares of Montage Gold from C$16.00 to C$19.00 and gave the company an “outperform” rating in a report on Friday, April 17th. Eleven investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$14.25.

Get Montage Gold alerts:

View Our Latest Report on MAU

Montage Gold Trading Down 7.1%

Shares of Montage Gold stock traded down C$1.15 during trading hours on Friday, reaching C$15.10. 374,449 shares of the company’s stock were exchanged, compared to its average volume of 1,223,815. The business’s 50 day moving average is C$14.87. Montage Gold has a fifty-two week low of C$3.74 and a fifty-two week high of C$17.30. The company has a current ratio of 8.43, a quick ratio of 0.36 and a debt-to-equity ratio of 0.31. The firm has a market cap of C$6.08 billion, a PE ratio of -107.86 and a beta of 2.39.

Montage Gold Company Profile

(Get Free Report)

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.

See Also

• Five stocks we like better than Montage Gold
• Viking Sails to All-Time Highs—Fundamentals Signal More to Come
• Datavalut Gains Traction: 5 Reasons to Sell Now
• TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
• The Power Grid Is Dying—Is It Time to Buy Its Replacement?

Receive News & Ratings for Montage Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Montage Gold and related companies with MarketBeat.com's FREE daily email newsletter.