Monument Mining (CVE:MMY) Given a C$2.10 Price Target at Fundamental Research

Fundamental Research set a C$2.10 target price on Monument Mining (CVE:MMY) in a research report sent to investors on Tuesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Monument Mining Stock Performance

Monument Mining stock opened at C$0.99 on Tuesday. The company has a quick ratio of 2.36, a current ratio of 4.57 and a debt-to-equity ratio of 0.05. The stock has a market cap of C$341.86 million, a PE ratio of 6.19 and a beta of 1.07. Monument Mining has a 12-month low of C$0.35 and a 12-month high of C$1.55. The business’s 50-day moving average price is C$1.20 and its two-hundred day moving average price is C$1.02.

About Monument Mining

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.