Montage Gold Corp. (TSE:MAU) Receives Consensus Rating of "Buy" from Analysts

Key Points

• Montage Gold has a consensus “Buy” rating from 10 analysts, all of whom recommend buying the stock. The average 12-month price target is C$17.77.
• Several firms recently raised their price targets, including National Bank Financial to C$24.00, ATB Cormark to C$22.00, Stifel to C$21.00, and Beacon Securities to C$21.50.
• Shares opened at C$16.99 after declining 1.8%, while the company’s Kone project in Côte d’Ivoire is expected to begin production in late 2026 with an estimated 16-year mine life.

Montage Gold Corp. (TSE:MAU - Get Free Report) has been assigned an average rating of "Buy" from the ten ratings firms that are currently covering the firm, Marketbeat reports. Ten analysts have rated the stock with a buy recommendation. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$17.77.

MAU has been the topic of a number of recent research reports. ATB Cormark Capital Markets upped their price target on shares of Montage Gold from C$19.00 to C$22.00 and gave the company an "outperform" rating in a research note on Wednesday, August 12th. Stifel Nicolaus lifted their price objective on shares of Montage Gold from C$18.00 to C$21.00 and gave the company a "buy" rating in a research note on Wednesday, August 12th. Scotiabank boosted their target price on shares of Montage Gold from C$19.00 to C$20.00 and gave the company a "sector outperform" rating in a report on Wednesday, August 12th. National Bank Financial increased their target price on 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. Finally, Beacon Securities raised their price target on Montage Gold from C$18.00 to C$21.50 and gave the stock a "buy" rating in a report on Thursday, August 13th.

Montage Gold Trading Down 1.8%

Shares of Montage Gold stock opened at C$16.99 on Friday. The stock has a market capitalization of C$6.87 billion, a P/E ratio of -130.69 and a beta of 2.35. Montage Gold has a 52-week low of C$6.25 and a 52-week high of C$21.13. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.35 and a current ratio of 4.09. The stock's 50-day simple moving average is C$18.99 and its 200 day simple moving average is C$16.52.

Montage Gold (TSE:MAU - Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported C($0.11) earnings per share for the quarter. As a group, research analysts anticipate that Montage Gold will post -0.04 EPS for the current year.

About Montage Gold

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.

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