Montage Gold Corp. (TSE:MAU) Stock Has Average Target Price of C$17.77 According to Analysts

Montage Gold Corp. (TSE:MAU) has received an average recommendation of “Buy” from the ten analysts that are covering the firm, MarketBeat reports. Ten research analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$17.77.

Several research firms recently commented on MAU. National Bank Financial boosted their target price on Montage Gold from C$22.00 to C$24.00 and gave the stock an “outperform” rating in a research report on Monday, September 21st. ATB Cormark Capital Markets raised their price target on Montage Gold from C$19.00 to C$22.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. Scotiabank boosted their price objective on Montage Gold from C$19.00 to C$20.00 and gave the stock a “sector outperform” rating in a report on Wednesday, August 12th. Stifel Nicolaus upped their price objective on shares of Montage Gold from C$18.00 to C$21.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Finally, Beacon Securities boosted their price target on shares of Montage Gold from C$18.00 to C$21.50 and gave the stock a “buy” rating in a research note on Thursday, August 13th.

Montage Gold Stock Performance

Montage Gold stock opened at C$16.99 on Friday. Montage Gold has a 1-year low of C$6.25 and a 1-year high of C$21.13. The company has a current ratio of 4.09, a quick ratio of 0.35 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of C$6.87 billion, a PE ratio of -130.69 and a beta of 2.35. The firm’s 50 day simple moving average is C$18.99 and its 200 day simple moving average is C$16.52.

Montage Gold (TSE:MAU) last announced its quarterly earnings results on Tuesday, August 11th. The company reported C($0.11) EPS for the quarter. As a group, analysts expect that Montage Gold will post -0.04 earnings per share for the current fiscal year.

Montage Gold Company Profile

Montage Gold Corp. (TSX:MAU) is a Canadian-listed company focused on becoming a premier multi-asset African gold producer, with its flagship Kone project, located in Côte d’Ivoire, at the forefront. Based on the Updated Feasibility Study published in 2024 (the ‘UFS’), the Kone project has an estimated 16-year mine life and sizeable annual production of +300koz of gold over the first 8 years and is expected to enter production in late Q4-2026. The Company has also built a high-quality, multi-asset growth pipeline including the Didievi and Wende properties in Côte d’Ivoire, and a portfolio of prospective exploration tenements in Mauritania.