Montage Gold (OTCMKTS:MAUTF) Trading Down 0.2% – Here’s What Happened

Shares of Montage Gold Corp. (OTCMKTS:MAUTFGet Free Report) were down 0.2% during mid-day trading on Friday . The stock traded as low as $6.88 and last traded at $7.1850. Approximately 78,089 shares traded hands during trading, an increase of 4% from the average daily volume of 74,731 shares. The stock had previously closed at $7.2030.

Analysts Set New Price Targets

MAUTF has been the topic of several research analyst reports. Scotiabank reaffirmed an “outperform” rating on shares of Montage Gold in a research note on Thursday, October 23rd. Raymond James Financial reissued an “outperform” rating on shares of Montage Gold in a report on Friday, October 10th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Montage Gold currently has an average rating of “Buy”.

View Our Latest Stock Analysis on Montage Gold

Montage Gold Trading Down 0.2%

The business’s fifty day simple moving average is $5.82 and its 200 day simple moving average is $4.63.

About Montage Gold

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Montage Gold Inc is a mineral exploration company focused on the acquisition, exploration and development of gold projects in West Africa. Headquartered in Vancouver, British Columbia, the company is building a portfolio of highly prospective assets in one of the world’s most prolific gold regions. Montage Gold conducts systematic field programs to advance its targets toward resource definition and potential development.

The company’s principal assets include the Morila West and Tabango gold projects in southwestern Mali.

Further Reading

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