Stifel Nicolaus Reiterates C$4.60 Price Target for Montage Gold (CVE:MAU)

Stifel Nicolaus set a C$4.60 price objective on Montage Gold (CVE:MAU) in a research note issued to investors on Wednesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Montage Gold Stock Performance

CVE MAU opened at C$2.87 on Wednesday. Montage Gold has a 1 year low of C$1.13 and a 1 year high of C$3.00. The company has a debt-to-equity ratio of 0.30, a current ratio of 26.33 and a quick ratio of 0.36. The stock has a market capitalization of C$1.01 billion, a PE ratio of -20.42 and a beta of 1.55. The company’s 50 day simple moving average is C$2.36 and its two-hundred day simple moving average is C$2.19.

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.