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

Shares of Montage Gold Corp. (TSE:MAU) have been given a consensus recommendation of “Buy” by the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have covered the stock in the last year is C$17.77.

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

Montage Gold Stock Performance

TSE:MAU opened at C$16.44 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.09 and a quick ratio of 0.35. The firm has a market cap of C$6.65 billion, a price-to-earnings ratio of -126.46 and a beta of 2.35. The firm’s fifty day moving average price is C$18.99 and its 200 day moving average price is C$16.59. Montage Gold has a 1-year low of C$6.25 and a 1-year high of C$21.13.

Montage Gold (TSE:MAU) last announced its quarterly earnings data on Tuesday, August 11th. The company reported C($0.11) EPS for the quarter. On average, sell-side analysts expect that Montage Gold will post -0.04 EPS for the current 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.