The Globe and Mail reports in its Tuesday, Jan. 20, edition that Scotia Capital analyst Ovais Habib, in response to the announcement that first gold production from Montage Gold's flagship Kone gold project in the Ivory Coast has been accelerated to the fourth quarter of 2026, raised his share target to $10 from $8.50 while maintaining a "sector outperform" ranking. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $10.75. Mr. Habib says in a note: "We view the results as positive for Montage Gold shares as the rapid construction progress since our November, 2025, site tour and acceleration of first gold to late 2026 aligns well with prior commentary from management and affords the company improved operational and financial flexibility. With a significant drill program already completed in 2025, and a meaningful new program announced for 2026, we look forward to a corporate mineral resource estimate update planned for Q1/26 which could incorporate a maiden resource on the Petit Yao target." The Globe reported on Sept. 5 that Mr. Habib rated Montage Gold "sector outperform" in new coverage. The shares could then be had for $5.74.