Marathon Gold Co. (TSE:MOZ – Get Rating) has received a consensus recommendation of “Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$2.39.
Several analysts have recently weighed in on the stock. National Bankshares lowered their target price on shares of Marathon Gold from C$2.25 to C$2.00 in a report on Thursday, October 13th. Scotiabank lowered their target price on shares of Marathon Gold from C$3.00 to C$2.25 in a report on Friday, September 23rd. TD Securities lowered their target price on shares of Marathon Gold from C$1.75 to C$1.65 and set a “speculative buy” rating on the stock in a report on Thursday, November 10th. Raymond James lowered their target price on shares of Marathon Gold from C$2.40 to C$2.00 and set an “outperform” rating on the stock in a report on Thursday, September 22nd. Finally, CIBC decreased their price objective on shares of Marathon Gold from C$2.30 to C$1.75 in a report on Wednesday, September 28th.
Marathon Gold Trading Up 2.0 %
Shares of Marathon Gold stock opened at C$1.00 on Friday. Marathon Gold has a 1 year low of C$0.73 and a 1 year high of C$3.30. The company has a debt-to-equity ratio of 0.42, a quick ratio of 8.40 and a current ratio of 8.69. The company has a market capitalization of C$395.79 million and a P/E ratio of -29.41. The company’s fifty day moving average is C$0.90 and its two-hundred day moving average is C$1.38.
Insider Buying and Selling
In related news, Director James Kitchener Gowans acquired 110,000 shares of the firm’s stock in a transaction that occurred on Friday, September 23rd. The shares were purchased at an average price of C$0.89 per share, with a total value of C$97,592.00. Following the completion of the acquisition, the director now owns 225,208 shares in the company, valued at C$199,804.54.
About Marathon Gold
Marathon Gold Corporation engages in the acquisition, exploration, and development of mineral resource projects in Canada. The company explores for gold, and precious and base metal deposits. Its flagship property is the Valentine Lake gold property with four mineralized deposits located in Newfoundland and Labrador, Canada.
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Read More:Marathon Gold Co. (TSE:MOZ) Given Consensus Rating of “Moderate Buy” by Brokerages
2022-11-27 06:16:03
