FY2025 EPS Estimate for Montage Gold Increased by Analyst

Montage Gold Corp. (CVE:MAU) – Analysts at Ventum Cap Mkts upped their FY2025 EPS estimates for Montage Gold in a report issued on Tuesday, November 5th. Ventum Cap Mkts analyst A. Terentiew now forecasts that the company will post earnings per share of ($0.06) for the year, up from their prior estimate of ($0.09). Ventum Cap Mkts currently 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.

MAU has been the subject of a number of other reports. National Bank Financial upgraded shares of Montage Gold to a “strong-buy” rating in a research note on Monday, July 22nd. Raymond James boosted their price objective on shares of Montage Gold from C$1.65 to C$2.75 in a report on Thursday, August 15th. BMO Capital Markets lifted their price target on Montage Gold from C$3.00 to C$3.75 in a research report on Friday, October 25th. National Bankshares set a C$2.50 price objective on Montage Gold and gave the company an “outperform” rating in a report on Tuesday, July 23rd. Finally, Cormark lifted their target price on Montage Gold from C$2.00 to C$2.50 in a report on Thursday, August 15th. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of C$3.27.

Montage Gold Trading Up 3.0 %

Shares of CVE:MAU opened at C$2.41 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 5.75 and a quick ratio of 0.36. The firm has a market capitalization of C$830.44 million, a P/E ratio of -16.07 and a beta of 1.55. The business’s 50-day moving average is C$2.03 and its 200 day moving average is C$1.70. Montage Gold has a 1 year low of C$0.62 and a 1 year high of C$2.61.

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

Montage Gold Company Profile

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.