Monument Mining Limited has seen a volatile week, with its stock price reflecting broader market sentiments.
This week, Monument Mining Limited (MMY.V) experienced a decline of 6.73%, closing at C$1.01. Despite a slight uptick in the past month, the stock remains down 20.49% year-to-date. Let's delve into the recent performance and technical indicators surrounding this materials sector company.
Investor takeaway: Investors should consider the technical indicators and volume trends, alongside the company's fundamental metrics, when evaluating Monument Mining's stock performance.
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Monument Mining Limited
MMY.V
MMY.V
Monument Mining Limited
WealthAwesomeMarket cap
$346.22M
P/E
3.4x
52W high
$1.55
52W low
$0.57
1W change
-6.73%
Beta
1.24
Analyst Price Targets
Based on analyst covering MMY · as of Sep 17, 2026
Wall Street analysts forecast MMY stock price to rise 87.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$1.82
+87.6% Upside
Current Price
C$0.97
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 MMY's historical volatility
30-Day Vol
54.0%
Annualized
90-Day Vol
49.0%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$1.20
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.06 | C$0.88 – C$1.28 |
| 60 trading days | C$1.13 | C$0.87 – C$1.47 |
| 90 trading days | C$1.20 | C$0.87 – C$1.65 |
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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Key Numbers for Monument Mining Limited
A P/E ratio of 3.45 suggests the stock is undervalued compared to its earnings, but market sentiment remains cautious as reflected in the recent price movements.
Bull case
Monument Mining has a strong profit margin of 44.1% and a high return on equity of 43%. These solid fundamentals could support future growth for the company.
Bear case
However, the stock's recent performance, along with a lower trading volume compared to its 20-day average, raises concerns about investor interest and market confidence.
Recent Price Action
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Monument Mining Limited's stock closed at C$1.01, unchanged for the day but down 6.73% over the last week. Year-to-date, the stock has decreased by 20.49%. This recent decline highlights the volatility faced by the company amidst fluctuating investor sentiment.
Technical Picture
The technical indicators for Monument Mining indicate a mixed outlook. The stock is currently trading above its 50-day moving average of C$0.88, showing a positive divergence of 14.8%. However, it is slightly above the 200-day moving average of C$0.99, with a modest 2.1% increase. The 52-week trading range has been between C$0.57 and C$1.55, placing the current price at 45% of this range. Notably, the stock has a beta of 1.24, suggesting higher volatility compared to the broader market.
Volume Analysis
Recent trading volume for Monument Mining was recorded at 55,142 shares, significantly below the 20-day average of 353,686 shares, indicating a volume ratio of 0.57x. This lower volume suggests reduced investor interest, which may be a factor in the stock's recent price decline.
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