How does MAUT.F's PB Ratio compare to its peers?

MAUT.F is expensive based on its Price-To-Book Ratio (3.5x) compared to the peer average (1.1x).

How does MAUT.F's PB Ratio compare vs other companies in the US Metals and Mining Industry?

MAUT.F is expensive based on its Price-To-Book Ratio (3.5x) compared to the US Metals and Mining industry average (1.7x).

What is MAUT.F's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate MAUT.F's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of MAUT.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MAUT.F ($1.67) is trading below our estimate of [[fair value]] ($35.34)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Montage Gold (OTCPK:MAUT.F) - Stock Price, News & Analysis

MAUT.F Stock Overview

Engages in the acquisition, exploration, and development of mineral properties in Africa. More details

MAUT.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 95.3% below our estimate of its fair value

Earnings are forecast to grow 107.14% per year

Risk Analysis

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (CA$0)

Montage Gold Corp. Competitors

McEwen Mining

NYSE:MUX

US$450.9m

DRDGOLD

NYSE:DRD

US$833.9m

Caledonia Mining

NYSEAM:CMCL

US$215.0m

Gold Royalty

NYSEAM:GROY

US$221.8m

Price History & Performance

Summary of all time highs, changes and price drops for Montage Gold
Historical stock prices
Current Share Price	CA$1.67
52 Week High	CA$1.88
52 Week Low	CA$0.48
Beta	1.54
11 Month Change	5.03%
3 Month Change	21.19%
1 Year Change	240.47%
33 Year Change	221.15%
5 Year Change	n/a
Change since IPO	203.64%

Recent updates

Shareholder Returns

	MAUT.F	US Metals and Mining	US Market
7D	6.4%	3.9%	2.2%
1Y	240.5%	22.9%	31.7%

Return vs Industry: MAUT.F exceeded the US Metals and Mining industry which returned 22.7% over the past year.

Return vs Market: MAUT.F exceeded the US Market which returned 31.1% over the past year.

Price Volatility

Is MAUT.F's price volatile compared to industry and market?
MAUT.F volatility
MAUT.F Average Weekly Movement	6.3%
Metals and Mining Industry Average Movement	8.3%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MAUT.F has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MAUT.F's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2019	n/a	Martino De Ciccio	www.montagegold.com

Montage Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Africa. Its flagship property is the 100% owned 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.

Montage Gold Corp. Fundamentals Summary

How do Montage Gold's earnings and revenue compare to its market cap?
MAUT.F fundamental statistics
Market cap	US$545.48m
Earnings (TTM)	-US$30.07m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-19.5x

P/E Ratio

Is MAUT.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAUT.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$42.03m
Earnings	-CA$42.03m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.12
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did MAUT.F perform over the long term?

See historical performance and comparison

MAUT.F Stock Overview

Rewards

Risk Analysis

Montage Gold Corp. Competitors

NYSE:MUX

US$450.9m

NYSE:DRD

US$833.9m

NYSEAM:CMCL

US$215.0m

NYSEAM:GROY

US$221.8m

Price History & Performance

Recent News & Updates

Montage Gold Corp. Sets Short-Term Discovery Target of More Than 1 Million Ounces of Higher-Grade M&I Resources

BMO Nesbitt Burns Inc. acquired 9.5768% stake in Montage Gold Corp. (TSXV:MAU) from Perseus CDI No 2 Pty Ltd for CAD 61.4 million.

Montage Gold Corp. announced that it has received CAD 180 million in funding from Lundin Family Trusts, Zijin Mining Group Company Limited

Montage Gold Corp. announced that it expects to receive CAD 170 million in funding from Lundin Family Trusts, Zijin Mining Group Company Limited

Montage Gold Corp. Receives Environmental Permit for the Development of its Koné Project

Montage Gold Corp., Annual General Meeting, Jun 07, 2024

Recent updates

Montage Gold Corp. Sets Short-Term Discovery Target of More Than 1 Million Ounces of Higher-Grade M&I Resources

BMO Nesbitt Burns Inc. acquired 9.5768% stake in Montage Gold Corp. (TSXV:MAU) from Perseus CDI No 2 Pty Ltd for CAD 61.4 million.

Montage Gold Corp. announced that it has received CAD 180 million in funding from Lundin Family Trusts, Zijin Mining Group Company Limited

Montage Gold Corp. announced that it expects to receive CAD 170 million in funding from Lundin Family Trusts, Zijin Mining Group Company Limited

Montage Gold Corp. Receives Environmental Permit for the Development of its Koné Project

Montage Gold Corp., Annual General Meeting, Jun 07, 2024

Montage Gold Announces Chief Financial Officer Changes

Montage Gold Corp. announced that it has received CAD 35.21 million in funding from Lundin Group and other investors

Montage Gold Corp. announced that it has received CAD 35.21 million in funding from Lundin Group and other investors

Montage Gold Corp. announced that it expects to receive CAD 20 million in funding from Lundin Group

Montage Gold Corp. Announces Results of the Updated Definitive Feasibility Study for the Kone Gold Project Located in Cote d'Ivoire

Montage Gold Corp. Report an Updated Mineral Resource Estimate for the Koné Gold Project in Côte D'ivoire

Montage Gold Corp. Releases First Results from Satellite Drill Program including 78m of 2.70g/t Gold at Gbongogo and 20m of 7.22g/t Gold at Lokolo Main

Montage Gold Corp. (TSXV:MAU) completed the acquisition of Mankono-Sissédougou Joint Venture Project from Barrick Gold Corporation (TSX:ABX) and Endeavour Mining plc (TSX:EDV).

Montage Gold Corp. Announces Government Approval of Mankono Exploration Permits and Provides Corporate Updates

Montage Gold Corp. Announces CEO Changes

Montage Gold Corp. announced that it has received CAD 20 million in funding

Montage Gold Corp. (TSXV:MAU) entered into an agreement to acquire Mankono-Sissédougou Joint Venture Project from Barrick Gold Corporation (TSX:ABX) and Endeavour Mining plc (TSX:EDV) for CAD 30 million.

Montage Gold Corp. Announces Board Changes

Montage Gold Corp. Expands Regional Exploration at Koné Gold Project

Montage Gold Corp., Annual General Meeting, Jun 09, 2022

Montage Gold Corp. Announces Koné Gold Project DFS with After-Tax NPV of $746 Million and 35% IRR

Montage Gold Corp. Provides an Update on the Ongoing Definitive Feasibility Study At the Koné Gold Project in Côte D'ivoire as Well as Continued Exploration Activities Within Project Area

Montage Gold Corp. More Than Doubles Footprint at Koné Gold Project and Drills 8m at 3.15g/t Au 8km East of Koné

Montage Gold Corp. Reports Maiden Indicated Mineral Resource of 4.27Moz

Montage Gold Corp. Reports Final Infill Drill Results and Provides Project Updates

Montage Gold Corp. Reports Infill Drill Results and Feasibility Study Update

Montage Announces Koné Gold Project PEA with After-Tax NPV of $652M and 31% IRR

Montage Reports Positive Infill Drill Results Including 4.95m Grading 22.25g/t within 200.50m Grading 1.51g/t