The Globe and Mail reports in its Wednesday edition that Beacon analyst Bereket Berhe has reaffirmed his "buy" recommendation for Montage Gold. The Globe's David Leeder writes that Mr. Berhe hiked his share target to $7.80 from $6. Analysts on average target the shares at $6.74. Mr. Berhe says in a note: "On Sept. 10, 2025, we met Montage management for an update on project related progress. On August 12, 2025, the company provided an update on its Q2 and H1/25 activities at its Kone project in Cote d'Ivoire. Montage provided an update on its exploration program for the Kone gold project (KGP) and its construction activities, which continue to advance rapidly. Montage underscored that it is well on track to achieve the previously published short-term objective of discovering over 1MMoz of M&I resources at a 50-per-cent higher grade compared to the Kone deposit. Montage also reaffirmed that construction continues to progress at a rapid pace and remains well on schedule for first gold pour in Q2/27 and on-budget. In H1/25, Montage's efforts focused on infill and extension drilling of previously delineated starter deposits, advancing pre-resource targets toward maiden resource definition and testing new targets."