Canaccord Genuity Group Upgrades Montage Gold (CVE:MAU) to Strong-Buy

Montage Gold (CVE:MAU – Get Free Report) was upgraded by analysts at Canaccord Genuity Group from a “moderate buy” rating to a “strong-buy” rating in a note issued to investors on Monday, Zacks reports.

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Montage Gold Corp. is a Canadian mineral exploration and development company focused on advancing gold assets in West Africa. The company’s primary asset is the Koné Gold Project, a large-scale development project located in northwestern Côte d’Ivoire.

Montage is conducting exploration, resource evaluation, engineering and permitting activities at Koné with the objective of developing an open-pit gold operation. The project includes multiple mineralized areas and offers opportunities for continued exploration and potential expansion.

The company’s activities are concentrated in Côte d’Ivoire, while its corporate operations are based in Canada.

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