Montage Gold (CVE:MAU - Free Report) had its target price raised by Raymond James from C$1.50 to C$1.65 in a report released on Tuesday morning, BayStreet.CA reports.
MAU has been the subject of several other research reports. Stifel Nicolaus upped their price target on shares of Montage Gold from C$1.50 to C$1.75 in a report on Friday. Stifel Canada reiterated a buy rating on shares of Montage Gold in a report on Thursday, February 1st.
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Montage Gold Stock Down 0.8 %
CVE MAU traded down C$0.01 during trading on Tuesday, reaching C$1.20. 81,895 shares of the stock traded hands, compared to its average volume of 183,769. The firm has a market cap of C$282.36 million, a price-to-earnings ratio of -10.91 and a beta of 1.09. The stock's 50-day moving average price is C$1.08 and its 200 day moving average price is C$0.81. Montage Gold has a fifty-two week low of C$0.51 and a fifty-two week high of C$1.41.
Insider Activity
In other news, Senior Officer Kevin John Ross sold 168,000 shares of the business's stock in a transaction on Friday, March 1st. The shares were sold at an average price of C$0.83, for a total value of C$139,440.00. Corporate insiders own 49.83% of the company's stock.
About Montage Gold
(
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Montage Gold Corp., a precious metals exploration and development company, engages in the exploration and development of mineral properties. Its flagship property is the Koné Gold Project covering an area of 2,259 square kilometers located in the Côte d'Ivoire, West Africa. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.
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