Montage Gold Corp. (CVE:MAU – Free Report) – Equities research analysts at Stifel Canada decreased their FY2024 earnings per share (EPS) estimates for Montage Gold in a note issued to investors on Monday, October 7th. Stifel Canada analyst S. Soock now anticipates that the company will post earnings per share of ($0.06) for the year, down from their previous forecast of ($0.04). The consensus estimate for Montage Gold’s current full-year earnings is ($0.04) per share.
MAU has been the subject of a number of other research reports. National Bank Financial raised Montage Gold to a “strong-buy” rating in a research note on Monday, July 22nd. Raymond James upped their price target on Montage Gold from C$1.65 to C$2.75 in a research note on Thursday, August 15th. Ventum Cap Mkts raised Montage Gold to a “strong-buy” rating in a research report on Friday, September 27th. Cormark increased their price target on Montage Gold from C$2.00 to C$2.50 in a report on Thursday, August 15th. Finally, National Bankshares set a C$2.50 price objective on Montage Gold and gave the stock an “outperform” rating in a research note on Tuesday, July 23rd. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of C$2.49.
Montage Gold Price Performance
Shares of CVE MAU opened at C$2.03 on Thursday. Montage Gold has a fifty-two week low of C$0.54 and a fifty-two week high of C$2.06. The stock has a fifty day moving average of C$1.85 and a 200-day moving average of C$1.56. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.36 and a current ratio of 5.75. The stock has a market cap of C$699.50 million, a PE ratio of -13.53 and a beta of 1.55.
Montage Gold (CVE:MAU – Get Free Report) last posted its earnings results on Thursday, August 22nd. The company reported C($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.02).
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.
See Also
- Five stocks we like better than Montage Gold
- Breakout Stocks: What They Are and How to Identify Them
- 3 Micro-Caps Set for Major Moves: Balancing Risk and Opportunity
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Autodesk Named a “Top Pick” by Morgan Stanley—Is It Time to Buy?
- How to Use the MarketBeat Excel Dividend Calculator
- 4 Quirky ETFs With Big Potential for Impressive Gains
Receive News & Ratings for Montage Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Montage Gold and related companies with MarketBeat.com's FREE daily email newsletter.