FY2027 EPS Estimates for Montage Gold Lowered by Scotiabank

Montage Gold Corp. (CVE:MAU) – Investment analysts at Scotiabank cut their FY2027 earnings per share estimates for Montage Gold in a research note issued on Thursday, April 23rd. Scotiabank analyst O. Habib now anticipates that the company will earn $1.67 per share for the year, down from their previous estimate of $1.86. The consensus estimate for Montage Gold’s current full-year earnings is ($0.04) per share.

Several other equities analysts have also commented on the company. ATB Cormark Capital Markets upped their target price on Montage Gold from C$16.50 to C$18.00 and gave the company an “outperform” rating in a research note on Wednesday, April 1st. Canaccord Genuity Group upped their target price on Montage Gold from C$11.00 to C$16.00 and gave the company a “speculative buy” rating in a research note on Thursday, March 26th. National Bank Financial upped their target price on Montage Gold from C$16.00 to C$19.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. BMO Capital Markets upped their price target on Montage Gold from C$10.00 to C$20.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 28th. Finally, Stifel Nicolaus upped their price target on Montage Gold from C$16.00 to C$18.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. Eleven equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$13.80.

Montage Gold Stock Performance

Montage Gold stock opened at C$3.70 on Monday. The firm has a market capitalization of C$1.31 billion, a P/E ratio of -26.33 and a beta of 1.55. The stock has a fifty day moving average price of C$3.70 and a 200 day moving average price of 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 current ratio of 8.43, a quick ratio of 0.36 and a debt-to-equity ratio of 0.31.

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.