Montage Gold (TSE:MAU – Free Report) had its price target increased by Stifel Nicolaus from C$18.00 to C$21.00 in a research note published on Wednesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Several other equities analysts have also commented on MAU. Scotiabank raised their price target on Montage Gold from C$19.00 to C$20.00 and gave the company a “sector outperform” rating in a research note on Wednesday. ATB Cormark Capital Markets upped their price objective on shares of Montage Gold from C$19.00 to C$22.00 and gave the stock an “outperform” rating in a research note on Wednesday. Canaccord Genuity Group increased their target price on shares of Montage Gold from C$16.00 to C$18.00 and gave the stock a “speculative buy” rating in a report on Friday, May 15th. BMO Capital Markets raised their target price on shares of Montage Gold from C$20.00 to C$22.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Finally, National Bank Financial raised their target price on shares of Montage Gold from C$19.00 to C$20.00 in a research report on Friday, May 15th. Eleven analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$16.77.
Read Our Latest Stock Report on MAU
Montage Gold Trading Down 0.3%
Montage Gold (TSE:MAU – Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported C($0.11) earnings per share for the quarter. Analysts forecast that Montage Gold will post -0.04 earnings per share for the current year.
Montage Gold Company Profile
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.
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