Montage Gold Corp. (OTCMKTS:MAUTF – Get Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 6,126,493 shares, a growth of 218.2% from the June 15th total of 1,925,320 shares. Based on an average daily volume of 317,153 shares, the days-to-cover ratio is presently 19.3 days.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on MAUTF shares. BMO Capital Markets reiterated an “outperform” rating on shares of Montage Gold in a research report on Monday, May 18th. Scotiabank reaffirmed an “outperform” rating on shares of Montage Gold in a research note on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy”.
Check Out Our Latest Analysis on Montage Gold
Montage Gold Price Performance
About Montage Gold
Montage Gold Inc is a mineral exploration company focused on the acquisition, exploration and development of gold projects in West Africa. Headquartered in Vancouver, British Columbia, the company is building a portfolio of highly prospective assets in one of the world’s most prolific gold regions. Montage Gold conducts systematic field programs to advance its targets toward resource definition and potential development.
The company’s principal assets include the Morila West and Tabango gold projects in southwestern Mali.
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