Montage Gold Corp. (CVE:MAU - Get Free Report) Director David Field sold 93,100 shares of the company's stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of C$3.03, for a total value of C$282,093.00.
Montage Gold Stock Performance
Shares of CVE MAU opened at C$3.02 on Tuesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 26.33 and a quick ratio of 0.36. The firm has a market cap of C$1.07 billion, a price-to-earnings ratio of -21.49 and a beta of 1.55. The stock's fifty day moving average price is C$2.55 and its two-hundred day moving average price is C$2.30. Montage Gold Corp. has a one year low of C$1.19 and a one year high of C$3.28.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. National Bank Financial upgraded Montage Gold to a "strong-buy" rating in a research note on Friday, March 21st. Raymond James increased their price target on Montage Gold from C$3.50 to C$4.75 in a research note on Friday. Stifel Nicolaus set a C$4.60 price target on Montage Gold and gave the company a "buy" rating in a report on Wednesday, March 19th. Cormark upped their price objective on shares of Montage Gold from C$3.00 to C$4.50 and gave the company a "buy" rating in a report on Tuesday, March 25th. Finally, Stifel Canada upgraded shares of Montage Gold to a "strong-buy" rating in a research note on Wednesday, March 19th. Four research analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of C$4.02.
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Montage Gold Company Profile
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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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