Montage Gold Corp. (OTCMKTS:MAUTF – Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,977,731 shares, a drop of 39.0% from the April 30th total of 6,525,607 shares. Based on an average trading volume of 162,142 shares, the short-interest ratio is presently 24.5 days.
Montage Gold Trading Down 4.3%
Shares of MAUTF stock opened at $11.37 on Thursday. The business’s 50 day moving average is $11.02 and its two-hundred day moving average is $9.32. Montage Gold has a 12-month low of $2.98 and a 12-month high of $12.80.
Analysts Set New Price Targets
Separately, BMO Capital Markets reaffirmed an “outperform” rating on shares of Montage Gold in a report on Monday, May 18th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.
Montage Gold Company Profile
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.
See Also
- Five stocks we like better than Montage Gold
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Receive News & Ratings for Montage Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Montage Gold and related companies with MarketBeat.com's FREE daily email newsletter.
