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Marathon Gold Corp MGDPF


Primary Symbol: 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.


TSX:MOZ - Post by User

Marathon Gold Corp > Today's Update
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Post by Ridgebackon Apr 20, 2020 3:16pm
253 Views
Post# 30931177

Today's Update

Today's UpdateWallford sells 500000 shares.

Beacon Securities restated their buy rating on shares of Marathon Gold (TSE:MOZ) in a research report sent to investors on Tuesday morning. Beacon Securities also issued estimates for Marathon Gold’s Q1 2020 earnings at $0.00 EPS, Q2 2020 earnings at ($0.01) EPS, Q3 2020 earnings at $0.00 EPS, Q4 2020 earnings at ($0.01) EPS, FY2020 earnings at ($0.02) EPS, FY2021 earnings at ($0.02) EPS and FY2022 earnings at ($0.01) EPS.
 
Separately, National Bank Financial boosted their price objective on Marathon Gold from C$2.25 to C$2.50 and gave the company an outperform rating in a research report on Wednesday, April 8th.
 
 
In other Marathon Gold news, Director Phillip Charles Walford sold 500,000 shares of Marathon Gold stock in a transaction on Thursday, April 16th. The stock was sold at an average price of C$1.36, for a total transaction of C$677,700.00. Following the sale, the director now owns 4,658,612 shares of the company’s stock, valued at approximately C$6,314,282.70.
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