Monument Mining (CVE:MMY) Given a C$0.59 Price Target by Fundamental Research Analysts

Fundamental Research set a C$0.59 target price on Monument Mining (CVE:MMY) in a research report report published on Monday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Monument Mining Stock Up 3.0 %

Shares of MMY stock opened at C$0.35 on Monday. Monument Mining has a 12 month low of C$0.13 and a 12 month high of C$0.35. The company has a quick ratio of 2.36, a current ratio of 3.06 and a debt-to-equity ratio of 0.14. The firm has a market cap of C$113.13 million, a PE ratio of 11.50 and a beta of 1.07. The stock has a 50 day moving average of C$0.28 and a 200-day moving average of C$0.21.

About Monument Mining

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.