Montage Gold (CVE:MAU) Trading Up 1.5%

Montage Gold Corp. (CVE:MAU)’s share price was up 1.5% on Wednesday . The company traded as high as C$1.35 and last traded at C$1.33. Approximately 120,610 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 222,365 shares. The stock had previously closed at C$1.31.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MAU. Stifel Nicolaus upped their target price on Montage Gold from C$1.50 to C$1.75 in a research note on Friday, April 19th. Raymond James upped their price objective on shares of Montage Gold from C$1.50 to C$1.65 in a research report on Tuesday, April 23rd.

Montage Gold Trading Up 1.5 %

The stock has a market cap of C$312.95 million, a PE ratio of -9.50 and a beta of 1.31. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.36 and a current ratio of 5.77. The company’s 50-day moving average price is C$1.37 and its 200 day moving average price is C$1.07.

Montage Gold (CVE:MAU) last issued its quarterly earnings data on Monday, April 29th. The company reported C($0.06) earnings per share (EPS) for the quarter. On average, sell-side analysts forecast that Montage Gold Corp. will post -0.04 EPS for the current fiscal 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.