Fundamental Research Reiterates C$1.92 Price Target for Monument Mining (CVE:MMY)

Fundamental Research set a C$1.92 price objective on Monument Mining (CVE:MMY) in a research note issued to investors on Wednesday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Monument Mining Stock Performance

Shares of MMY opened at C$1.20 on Wednesday. Monument Mining has a one year low of C$0.31 and a one year high of C$1.32. The business has a fifty day moving average of C$1.14 and a 200 day moving average of C$0.79. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.70 and a quick ratio of 2.36. The firm has a market capitalization of C$414.38 million, a P/E ratio of 9.23 and a beta of 2.00.

Monument Mining Company Profile

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.