Montage Gold Corp Stock Buy Hold or Sell Recommendation
| MAU Stock | 2.09 0.14 6.28% |
Assuming the 90 days horizon and your way above-average risk tolerance, our recommendation regarding Montage Gold Corp is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Montage Gold Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Montage Gold Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Montage Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Montage and provide practical buy, sell, or hold advice based on investors' constraints. Montage Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Montage |
Execute Montage Gold Buy or Sell Advice
The Montage recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Montage Gold Corp. Macroaxis does not own or have any residual interests in Montage Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Montage Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Montage Gold Trading Alerts and Improvement Suggestions
| Montage Gold Corp has accumulated 1.34 M in total debt. Montage Gold Corp has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Montage Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Montage Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Montage Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Montage to invest in growth at high rates of return. When we think about Montage Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (24.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Montage Gold Corp has accumulated about 65 in cash with (17.41 M) of positive cash flow from operations. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders |
Montage Gold Returns Distribution Density
The distribution of Montage Gold's historical returns is an attempt to chart the uncertainty of Montage Gold's future price movements. The chart of the probability distribution of Montage Gold daily returns describes the distribution of returns around its average expected value. We use Montage Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Montage Gold returns is essential to provide solid investment advice for Montage Gold.
| Mean Return | 0.29 | Value At Risk | -2.95 | Potential Upside | 5.49 | Standard Deviation | 2.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Montage Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Montage Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 9.4M | 23.2M | (23.0M) | (1.8M) | (1.3M) | (1.2M) | |
| Depreciation | 48.4K | 138.1K | 181.0K | 191.0K | 231.4K | 145.9K | |
| Capital Expenditures | 161.4K | 22.1K | 169.9K | 250.2K | 382.7K | 193.3K | |
| Net Income | (5.3M) | (10.4M) | (23.5M) | (9.8M) | (24.4M) | (23.2M) | |
| End Period Cash Flow | 9.6M | 32.8M | 9.8M | 8.0M | 6.7M | 12.3M |
Montage Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Montage Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Montage Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Montage stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 2.87 | |
Ir | Information ratio | 0.06 |
Montage Gold Volatility Alert
Montage Gold Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.27. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Montage Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Montage Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Montage Gold Fundamentals Vs Peers
Comparing Montage Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Montage Gold's direct or indirect competition across all of the common fundamentals between Montage Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Montage Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Montage Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Montage Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Montage Gold to competition |
| Fundamentals | Montage Gold | Peer Average |
| Return On Equity | -0.48 | -0.31 |
| Return On Asset | -0.27 | -0.14 |
| Current Valuation | 528.86 M | 16.62 B |
| Shares Outstanding | 345 M | 571.82 M |
| Shares Owned By Insiders | 34.12 % | 10.09 % |
| Shares Owned By Institutions | 7.57 % | 39.21 % |
| Number Of Shares Shorted | 5.2 M | 4.71 M |
| Price To Book | 3.09 X | 9.51 X |
| EBITDA | (22.36 M) | 3.9 B |
| Net Income | (24.42 M) | 570.98 M |
| Cash And Equivalents | 65 | 2.7 B |
| Total Debt | 1.34 M | 5.32 B |
| Current Ratio | 0.04 X | 2.16 X |
| Book Value Per Share | 0.24 X | 1.93 K |
| Cash Flow From Operations | (17.41 M) | 971.22 M |
| Short Ratio | 6.85 X | 4.00 X |
| Earnings Per Share | (0.19) X | 3.12 X |
| Target Price | 3.76 | |
| Beta | 1.54 | -0.15 |
| Market Capitalization | 721.05 M | 19.03 B |
| Total Asset | 45.69 M | 29.47 B |
| Retained Earnings | (78.77 M) | 9.33 B |
| Working Capital | 5.94 M | 1.48 B |
| Net Asset | 45.69 M |
Montage Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Montage . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Montage Gold Buy or Sell Advice
When is the right time to buy or sell Montage Gold Corp? Buying financial instruments such as Montage Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Montage Stock Analysis
When running Montage Gold's price analysis, check to measure Montage Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Montage Gold is operating at the current time. Most of Montage Gold's value examination focuses on studying past and present price action to predict the probability of Montage Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montage Gold's price. Additionally, you may evaluate how the addition of Montage Gold to your portfolios can decrease your overall portfolio volatility.