Analysts Set Expectations for Montage Gold FY2025 Earnings

Montage Gold Corp. (CVE:MAU) – Equities researchers at Ventum Cap Mkts increased their FY2025 earnings per share estimates for shares of Montage Gold in a report released 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 estimate 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.

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

Other analysts have also recently issued reports about the company. Stifel Nicolaus upped their price objective on Montage Gold from C$3.20 to C$4.85 in a report on Wednesday, October 30th. National Bankshares set a C$2.50 price objective on shares of Montage Gold and gave the company an “outperform” rating in a research report on Tuesday, July 23rd. Cormark boosted their target price on shares of Montage Gold from C$2.00 to C$2.50 in a report on Thursday, August 15th. Raymond James increased their price target on shares of Montage Gold from C$1.65 to C$2.75 in a report on Thursday, August 15th. Finally, National Bank Financial upgraded Montage Gold to a “strong-buy” rating in a research report on Monday, July 22nd. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Montage Gold currently has a consensus rating of “Buy” and a consensus target price of C$3.27.

Montage Gold Price Performance

Shares of Montage Gold stock opened at C$2.41 on Friday. The firm has a market cap of C$830.44 million, a PE ratio of -16.07 and a beta of 1.55. The stock has a 50 day moving average of C$2.03 and a 200 day moving average of C$1.70. The company has a current ratio of 5.75, a quick ratio of 0.36 and a debt-to-equity ratio of 1.11. Montage Gold has a 12 month low of C$0.62 and a 12 month high of C$2.61.

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.