Marathon Gold Corp T.MOZ

Metals & Mining Gold

Marathon Gold Corporation is a Canada-based gold exploration and development company. The Company’s primary business focus is the exploration and development of its flagship asset, the wholly owned Valentine Gold Project, located in Newfoundland and Labrador, Canada. The project comprises a series of five mineralized deposits along a 32- kilometer system. Its prospects are located along the Valentine Lake Shear Zone and include Frank Zone, Rainbow Zone, Triangle Zone, Victoria Bridge, Narrows, Victory Southwest, Victory Northeast, and the Berry Zone. In addition to the Valentine Gold Project in the Central Region of Newfoundland and Labrador, the Company holds 100% interests in the Bonanza Mine, a former mine located in Baker County in northeastern Oregon, the Gold Reef property, an exploration property consisting of approximately 12 hectares of claims located near Stewart, British Columbia; and a 2% net smelter returns royalty on precious metal sales by the Golden Chest mine in Idaho.

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Marathon Gold Corp

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Post by DaveinNL8on Mar 04, 2017 7:43am

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Post# 25931075

Canaccord Genuity Raises Marathon Gold Corp (MOZ) Price Targ

Marathon Gold Corp (TSE:MOZ) had its price target lifted by investment analysts at Canaccord Genuity from C$1.20 to C$1.60 in a research note issued to investors on Friday. Canaccord Genuity’s target price indicates a potential upside of 60.00% from the company’s previous close.

Marathon Gold Corp (TSE:MOZ) traded up 4.00% on Friday, reaching $1.04. 337,900 shares of the company’s stock traded hands. Marathon Gold Corp has a 52-week low of $0.17 and a 52-week high of $1.16. The company’s 50 day moving average is $0.86 and its 200-day moving average is $0.70. The stock has a market cap of $122.73 million and a price-to-earnings ratio of 346.67.

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