Monument Mining (CVE:MMY) Given a C$0.59 Price Target at Fundamental Research

Fundamental Research set a C$0.59 target price on Monument Mining (CVE:MMY) in a report published on Monday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Monument Mining Price Performance

CVE MMY opened at C$0.31 on Monday. The company has a market capitalization of C$101.66 million, a price-to-earnings ratio of 10.33 and a beta of 1.07. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.36 and a current ratio of 3.06. The stock has a 50-day moving average of C$0.28 and a 200 day moving average of C$0.21. Monument Mining has a one year low of C$0.13 and a one year high of C$0.33.

Monument Mining Company Profile

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.