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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.


TSX:MOZ - Post by User

Marathon Gold Corp > Gain
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Comment by Ridgebackon Sep 15, 2020 5:22pm
157 Views
Post# 31564236

RE:RE:Gain

RE:RE:GainUnoficial update on analyst covering Marathon Gold. Can't confirm what is reported in the article.

Marathon Gold Corporation (OTCMKTS:OQMGF) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,600 shares, an increase of 128.6% from the August 15th total of 700 shares. Based on an average trading volume of 49,200 shares, the days-to-cover ratio is presently 0.0 days.

Several research firms have issued reports on OQMGF. Canaccord Genuity reissued a “buy” rating and set a $4.50 target price on shares of Marathon Gold in a research note on Friday, August 28th. CIBC initiated coverage on Marathon Gold in a research report on Thursday, May 21st. They set an “outperform” rating for the company.

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