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

Montage Gold Corp. (TSE:MAU) has received an average rating of “Buy” from the ten research firms that are covering the firm, MarketBeat reports. Ten equities research analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$17.77.

A number of analysts have recently issued reports on the stock. Scotiabank lifted their price objective on shares of 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 raised their price target on Montage Gold from C$18.00 to C$21.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. 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 research report on Wednesday, August 12th. National Bank Financial lifted their price target on Montage Gold from C$22.00 to C$24.00 and gave the stock an “outperform” rating in a research note on Monday, September 21st. Finally, Beacon Securities upped their price objective on Montage Gold from C$18.00 to C$21.50 and gave the stock a “buy” rating in a report on Thursday, August 13th.

Montage Gold Trading Up 5.0%

Shares of Montage Gold stock opened at C$17.29 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.09 and a quick ratio of 0.35. Montage Gold has a 1 year low of C$6.61 and a 1 year high of C$21.13. The firm has a market cap of C$6.99 billion, a PE ratio of -133.00 and a beta of 2.35. The company has a 50 day simple moving average of C$17.69 and a two-hundred day simple moving average of C$16.18.

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

About Montage Gold

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.