Montage Gold Corp. (TSE:MAU) Stock Has Consensus Price Target of C$17.77 According to Brokerages

Shares of Montage Gold Corp. (TSE:MAU) have received a consensus recommendation of “Buy” from the ten analysts that are covering the firm, MarketBeat Ratings reports. Ten analysts have rated the stock with a buy recommendation. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$17.77.

Several research firms have commented on MAU. National Bank Financial increased their target price on shares of Montage Gold from C$22.00 to C$24.00 and gave the stock an “outperform” rating in a research report on Monday, September 21st. Scotiabank boosted their price target on Montage Gold from C$19.00 to C$20.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, August 12th. ATB Cormark Capital Markets upped their price target on Montage Gold from C$19.00 to C$22.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 12th. Stifel Nicolaus upped their price target on Montage Gold from C$18.00 to C$21.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Finally, Beacon Securities increased their price objective on Montage Gold from C$18.00 to C$21.50 and gave the company a “buy” rating in a report on Thursday, August 13th.

Montage Gold Stock Performance

Shares of MAU opened at C$16.47 on Tuesday. The company’s fifty day moving average is C$17.74 and its 200-day moving average is C$16.16. Montage Gold has a 12 month low of C$6.51 and a 12 month high of C$21.13. The firm has a market cap of C$6.66 billion, a price-to-earnings ratio of -126.69 and a beta of 2.35. The company has a quick ratio of 0.35, a current ratio of 4.09 and a debt-to-equity ratio of 0.27.

Montage Gold (TSE:MAU) last released its quarterly earnings data on Tuesday, August 11th. The company reported C($0.11) earnings per share (EPS) for the quarter. Equities analysts expect that Montage Gold will post -0.04 EPS for the current fiscal year.

Montage Gold Company Profile

Montage Gold Corp. (TSX:MAU) is a Canadian-listed company focused on becoming a premier multi-asset African gold producer, with its flagship Kone project, located in Côte d’Ivoire, at the forefront. Based on the Updated Feasibility Study published in 2024 (the ‘UFS’), the Kone project has an estimated 16-year mine life and sizeable annual production of +300koz of gold over the first 8 years and is expected to enter production in late Q4-2026. The Company has also built a high-quality, multi-asset growth pipeline including the Didievi and Wende properties in Côte d’Ivoire, and a portfolio of prospective exploration tenements in Mauritania.