Maple Gold Mines Ltd (MGM.V) is seeing significant trading activity while maintaining a positive year-to-date performance.
The stock price for Maple Gold Mines Ltd closed at C$3.19 on Monday, marking a 5.09% increase for the day and a 1.40% rise over the past week. This contributes to a substantial year-to-date increase of 60.56%. The recent trading volume has also been impressive, with nearly three times the average daily volume observed over the past 20 days.
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Maple Gold Mines Ltd
MGM.V
MGM.V
Maple Gold Mines Ltd
WealthAwesomeMarket cap
$214.68M
52W high
$4.00
52W low
$1.14
1W change
+1.40%
Beta
2.07
Analyst Price Targets
Based on analyst covering MGM · as of Sep 17, 2026
Wall Street analysts forecast MGM stock price to rise 74.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$5.05
+74.7% Upside
Current Price
C$2.89
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MGM's historical volatility
30-Day Vol
67.0%
Annualized
90-Day Vol
68.0%
Annualized
Trend (90d)
+34.8%
Annualized drift
90d Mean
C$3.27
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$3.01 | C$2.39 – C$3.80 |
| 60 trading days | C$3.14 | C$2.26 – C$4.35 |
| 90 trading days | C$3.27 | C$2.19 – C$4.88 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: With a strong year-to-date performance and significant trading volume, Maple Gold Mines Ltd continues to attract attention from investors, even without any major news recently. Technical indicators suggest a bullish sentiment, but investors should remain cautious due to the company's current financial metrics.
Maple Gold Mines Ltd Achieves 5.09% Daily Gain
The stock's trading volume reached 224,786 shares, nearly double the 20-day average of 67,759 shares, indicating heightened investor interest.
Bull case
The stock's impressive year-to-date increase of 60.56% shows strong market interest and potential for growth. The current price is above both the 50-day and 200-day moving averages, indicating bullish momentum. Analysts have set an average target of C$5.05, suggesting further upside potential.
Bear case
Despite the positive price action, Maple Gold Mines Ltd has a negative return on equity (ROE) of -162.0% and a profit margin of 0.0%. These financial challenges could pose risks for investors. Additionally, a high volatility indicated by a beta of 2.07 suggests that the stock may experience significant price swings.
Recent Price Action
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Maple Gold Mines Ltd has seen a significant increase in its stock price, closing at C$3.19 on Monday. The stock rose by 5.09% in one day and is up 1.40% over the past week. Year-to-date, the stock has surged by 60.56%, indicating strong investor confidence.
Technical Picture
The technical indicators for Maple Gold Mines Ltd show a positive outlook. The stock is currently trading above both its 50-day moving average (C$2.75) and its 200-day moving average (C$2.63), reflecting bullish momentum. The 52-week range for the stock is C$1.14 to C$4.00, with the current price sitting at approximately 72% of this range. The stock's beta of 2.07 suggests high volatility, which may appeal to risk-tolerant investors.
Trading Volume Insights
The trading volume for Maple Gold Mines Ltd was notable, with 224,786 shares changing hands on Monday. This figure is nearly three times the 20-day average volume of 67,759 shares, indicating heightened interest from investors. Such volume can often precede significant price movements, making it a key metric to watch.
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