Raymond James set a C$2.00 price objective on Montage Gold (CVE:MAU) in a report issued on Tuesday morning, BayStreet.CA reports. The brokerage currently has a strong-buy rating on the stock.
CVE:MAU opened at C$0.92 on Tuesday. The firm’s 50-day simple moving average is C$0.76. Montage Gold has a 52 week low of C$0.65 and a 52 week high of C$1.27.
Montage Gold (CVE:MAU) last posted its quarterly earnings results on Thursday, April 22nd. The company reported C($0.06) EPS for the quarter. On average, equities research analysts predict that Montage Gold will post -0.09 EPS for the current year.
Montage Gold Company Profile
Montage Gold Corp. (TSXV:MAU) is a Canadian-based precious metals exploration and development company focused on opportunities in Côte d'Ivoire. The Company's flagship property is the Morondo Gold Project ("MGP"), located in northwest Côte d'Ivoire, which hosts an Inferred Mineral Resource of 52.5Mt grading 0.91 g/t for 1,536koz of gold, based on a 0.5 g/t cutoff grade.
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