Stifel Canada Weighs in on Montage Gold FY2029 Earnings

Montage Gold Corp. (CVE:MAU) – Stock analysts at Stifel Canada issued their FY2029 earnings estimates for Montage Gold in a research report issued on Wednesday, March 19th. Stifel Canada analyst C. Mcgill forecasts that the company will post earnings per share of $0.63 for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Montage Gold’s current full-year earnings is ($0.04) per share.

Separately, Stifel Nicolaus set a C$4.60 target price on shares of Montage Gold and gave the stock a “buy” rating in a research note on Wednesday. Three analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Strong Buy” and an average price target of C$3.22.

Montage Gold Trading Down 3.4 %

Shares of MAU stock opened at C$2.87 on Friday. 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 firm has a market cap of C$1.01 billion, a PE ratio of -20.42 and a beta of 1.55. The company has a 50-day moving average of C$2.36 and a two-hundred day moving average of C$2.19. Montage Gold has a 1-year low of C$1.13 and a 1-year high of C$3.00.

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.