Montage Gold (OTCMKTS:MAUTF) Stock Price Up 0.5% – What’s Next?

Shares of Montage Gold Corp. (OTCMKTS:MAUTF) rose 0.5% during mid-day trading on Friday . The stock traded as high as $4.50 and last traded at $4.38. Approximately 42,165 shares were traded during trading, a decline of 41% from the average daily volume of 71,612 shares. The stock had previously closed at $4.36.

Analysts Set New Price Targets

MAUTF has been the subject of several research analyst reports. National Bankshares reaffirmed an “outperform” rating on shares of Montage Gold in a research note on Tuesday, June 24th. Scotiabank initiated coverage on Montage Gold in a research note on Wednesday, September 3rd. They set an “outperform” rating for the company. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Montage Gold presently has a consensus rating of “Buy”.

Montage Gold Stock Up 0.5%

The business has a 50 day moving average price of $3.65 and a two-hundred day moving average price of $2.99.

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.