Canaccord Genuity Corp Raise Target to $1.10 18 August 2016
SPECULATIVE BUY
unchanged
PRICE TARGET C$1.10↑
from C$0.80
Price (18-Aug)
Ticker
C$0.79 ; US$0.6227
MOZ-TSX; MGDPF-OTC
52-Week Range (C$): 0.11 - 0.79
Avg Daily Vol (M) : 197.2
Market Cap (C$M): 83.8
Shares Out. (M) : 106.1
EV /oz (C$): 59.16
Enterprise Value (C$M): 80.1
Cash (C$M): 3.7
Long-Term Debt (C$M): 0.0
NAV /Shr (C$): 1.14
P/NAV (x) : 0.70
Working Capital (C$M): 3.7
MOZ
JuniorGoldMinersIndex(rebased)
Source:FactSet
Marathon Gold is a Toronto-based exploration &
development company focused on the advancement of the
26,000 ha wholly-owned Valentine gold project in central
Newfoundland.
Eric Zaunscherb, CFA | Analyst | Canaccord Genuity Corp. (Canada) | ezaunscherb@canaccordgenuity.com |
1.416.869.7299
Rick Breger, MBA, PGeo | Associate | Canaccord Genuity Corp. (Canada) | rbreger@canaccordgenuity.com |
1.416.687.6362