Analyst Price Target is C$1.25
▲ +190.70% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Monarch Mining in the last 3 months. The average price target is C$1.25, with a high forecast of C$1.25 and a low forecast of C$1.25. The average price target represents a 190.70% upside from the last price of C$0.43.
Current Consensus is
Buy
The current consensus among 1 polled investment analysts is to buy stock in Monarch Mining.
Monarch Mining Corporation, a gold mining company, engages in the exploration and development of mining properties in Canada. The company's projects include the Beaufor Mine, including 23 mining claims covering an area of 5.9 square kilometers located to the northeast of the town of Val-d'Or in the Province of Quebec; the Croinor property, which comprise one mining lease for a total of 337 claims with an area of approximately 151.88 square kilometers situated to the east of Val-d'Or; and the Beacon Mill property consist of 11 mining claims covering an area of 1.8 square kilometers. It also holds 100% interests in the McKenzie Break property that consists of 169 mineral claims covering an area of 70.5 square kilometers located in the north of Val-d'Or, Quebec; and the Swanson property that include one mineral lease and 127 claims covering a total area of 51.26 square kilometers situated to the northeast of Barraute, Quebec. The company was incorporated in 2020 and is headquartered in Saint-Sauveur, Canada.
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