Montage Gold FY2027 EPS Forecast Boosted by Stifel Canada

Montage Gold Corp. (CVE:MAU) – Research analysts at Stifel Canada raised their FY2027 EPS estimates for shares of Montage Gold in a research note issued to investors on Sunday, November 23rd. Stifel Canada analyst C. Mcgill now anticipates that the company will post earnings per share of $0.84 for the year, up from their prior estimate of $0.66. The consensus estimate for Montage Gold’s current full-year earnings is ($0.04) per share. Stifel Canada also issued estimates for Montage Gold’s FY2028 earnings at $1.54 EPS.

A number of other equities analysts have also weighed in on the stock. Canaccord Genuity Group boosted their price objective on shares of Montage Gold from C$8.00 to C$9.00 in a report on Tuesday, November 18th. Beacon Securities boosted their price target on Montage Gold from C$6.00 to C$7.80 and gave the stock a “buy” rating in a research note on Tuesday, September 23rd. Raymond James Financial upped their price target on Montage Gold from C$7.50 to C$9.00 and gave the company an “outperform” rating in a report on Wednesday. National Bankshares increased their price objective on Montage Gold from C$8.75 to C$9.50 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Cormark boosted their target price on Montage Gold from C$9.50 to C$9.75 and gave the stock a “buy” rating in a research report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating and nine have given a Buy rating to the company’s stock. Based on data from MarketBeat, Montage Gold currently has a consensus rating of “Buy” and an average target price of C$8.28.

Montage Gold Trading Up 1.6%

Shares of CVE MAU opened at C$3.70 on Wednesday. The firm’s 50 day moving average price is C$3.70 and its 200-day moving average price is C$3.70. Montage Gold has a 52-week low of C$1.24 and a 52-week high of C$3.92. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.36 and a current ratio of 26.33. The company has a market cap of C$1.31 billion, a PE 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.