Montage Gold (CVE:MAU) Stock Bumped Up to Strong-Buy by Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Montage Gold (CVE:MAU) from a moderate buy rating to a strong-buy rating in a research note published on Monday morning,Zacks reports.

Montage Gold Price Performance

Montage Gold Corp. is a Canadian mineral exploration and development company focused on advancing gold assets in West Africa. The company’s primary asset is the Koné Gold Project, a large-scale development project located in northwestern Côte d’Ivoire.

Montage is conducting exploration, resource evaluation, engineering and permitting activities at Koné with the objective of developing an open-pit gold operation. The project includes multiple mineralized areas and offers opportunities for continued exploration and potential expansion.

The company’s activities are concentrated in Côte d’Ivoire, while its corporate operations are based in Canada.