The Globe and Mail reports in its Tuesday, Dec. 2, edition that Ventum Capital Markets analyst Maximilian Myers has reaffirmed his "buy" recommendation for Montage Gold. The Globe's David Leeder writes in the Eye On Equities column that Mr. Myers boosted his share target by $1.75 to $9.75 . Analysts on average target the shares at $8.17. Mr. Myers recently visited Montage's Kone gold project in Ivory Coast, describing it as "the foundation for a multi-asset producer" and praising the site's rapid progress and "several avenues for upside." Mr. Myers says in a note: "Kone continues to advance ahead of schedule, prompting us to move first gold to Q1/27 (from Q2/27) and accelerate our ramp-up assumptions, driving materially higher 2027 production. Site observations support potential throughput above nameplate, quicker-than-modelled commissioning, and satellite sequencing that prioritizes higher-grade feed early in the mine life. Each scenario could enhance front-end production, and together they offer clear upside to our NAV assumptions."
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