Montage Gold (CVE:MAU) Given a C$6.25 Price Target by Scotiabank Analysts

Montage Gold (CVE:MAU) has been given a C$6.25 target price by equities research analysts at Scotiabank in a report released on Thursday, Marketbeat Ratings reports. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s target price would suggest a potential upside of 68.92% from the company’s current price.

Montage Gold Stock Performance

Shares of MAU stock opened at C$3.70 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.36 and a current ratio of 26.33. Montage Gold has a one year low of C$1.24 and a one year high of C$3.92. The company’s 50-day simple moving average is C$3.70 and its 200-day simple moving average is C$3.45. The stock has a market capitalization of C$1.31 billion, a price-to-earnings ratio of -26.33 and a beta of 1.55.

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.