Fwiw... analyst update! * RBC’s Wayne Lam cut his Marathon Gold Corp. target to $3.50 from $4 with an “outperform” rating. The average is $3.75.
“In our view, Marathon has multiple catalysts ahead with expected completion of the Federal EA process, mid-year resource update, and FS incorporating Berry upside and refreshed cost estimates. We view current valuation as an attractive entry point for investors and could merit a renewed look at potential M&A.,” he said.