Montage Gold FY2025 EPS Estimate Lifted by Ventum Cap Mkts

Montage Gold Corp. (CVE:MAU) – Equities research analysts at Ventum Cap Mkts upped their FY2025 earnings per share (EPS) estimates for shares of Montage Gold in a report issued on Tuesday, November 5th. Ventum Cap Mkts analyst A. Terentiew now forecasts that the company will earn ($0.06) per share for the year, up from their prior forecast of ($0.09). Ventum Cap Mkts has a “Strong-Buy” rating on the stock. The consensus estimate for Montage Gold’s current full-year earnings is ($0.04) per share. Ventum Cap Mkts also issued estimates for Montage Gold’s FY2026 earnings at ($0.06) EPS, FY2027 earnings at ($0.09) EPS and FY2028 earnings at $0.64 EPS.

Several other research firms have also recently commented on MAU. BMO Capital Markets increased their target price on Montage Gold from C$3.00 to C$3.75 in a research note on Friday, October 25th. Stifel Nicolaus boosted their target price on shares of Montage Gold from C$3.20 to C$4.85 in a research report on Wednesday, October 30th. Cormark increased their price target on shares of Montage Gold from C$2.00 to C$2.50 in a research report on Thursday, August 15th. National Bank Financial raised Montage Gold to a “strong-buy” rating in a report on Monday, July 22nd. Finally, National Bankshares set a C$2.50 target price on Montage Gold and gave the stock an “outperform” rating in a report on Tuesday, July 23rd. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Montage Gold currently has an average rating of “Buy” and a consensus target price of C$3.27.

Montage Gold Trading Down 2.9 %

Shares of MAU opened at C$2.34 on Friday. Montage Gold has a one year low of C$0.62 and a one year high of C$2.61. The stock has a 50-day moving average price of C$2.04 and a 200 day moving average price of C$1.71. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.36 and a current ratio of 5.75. The company has a market capitalization of C$806.32 million, a P/E ratio of -15.60 and a beta of 1.55.

Montage Gold (CVE:MAU) last posted its quarterly earnings data on Thursday, August 22nd. The company reported C($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.02).

About Montage Gold

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.