Montage Gold (CVE:MAU) PT Set at C$4.60 by Stifel Nicolaus

Montage Gold (CVE:MAU) received a C$4.60 price objective from equities research analysts at Stifel Nicolaus in a note issued to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 54.88% from the stock’s previous close.

Montage Gold Stock Up 6.5 %

Shares of MAU opened at C$2.97 on Wednesday. The stock has a market capitalization of C$1.05 billion, a price-to-earnings ratio of -21.13 and a beta of 1.55. Montage Gold has a 52 week low of C$1.11 and a 52 week high of C$3.00. The stock has a fifty day moving average of C$2.34 and a 200-day moving average of C$2.18. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.36 and a current ratio of 26.33.

About Montage Gold

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.