Fundamental Research set a C$1.94 target price on Monument Mining (CVE:MMY – Free Report) in a report released on Friday morning,BayStreet reports. The firm currently has a buy rating on the stock.
Monument Mining Price Performance
Shares of MMY opened at C$0.75 on Friday. The business’s 50 day moving average is C$0.93 and its 200 day moving average is C$0.88. The company has a current ratio of 16.46, a quick ratio of 2.36 and a debt-to-equity ratio of 0.08. Monument Mining has a 12-month low of C$0.71 and a 12-month high of C$1.55. The company has a market capitalization of C$259.82 million, a PE ratio of 3.75 and a beta of 1.24.
Monument Mining Company Profile
Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.
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