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 > "Outperform" rating!!

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Post by zack50on Apr 21, 2021 7:02pm

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Post# 33041947

"Outperform" rating!!

Raymond James has reissued an "outperform" rating on MOZ and have a C$3.50 target price on the stock. Other analysts who have weighed in on MOZ today include TD Securities @ $4.00 and CIBC @ $3.75

So the consensus is an average of $3.75... this would suggest an upside of 40.4% on the current price.

I really think this is conservative and would be inclined to think of the consensus as $4.00 giving us an upside of approx. 50%... maybe I'm being too hopeful.

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