Globe article Globe says Marathon Gold seen trading at a good price :)
Marathon Gold Corp (C:MOZ)
Shares Issued 255,437,147
Last Close 6/14/2022 $1.62
Wednesday June 15 2022 - In the News
The Globe and Mail reports in its Wednesday, June 15, edition that RBC Capital analyst Wayne Lam has reaffirmed his "outperform" recommendation for Marathon Gold.
The Globe's David Leeder writes in the Eye On Equities column that Mr. Lam gave his share target a 50-cent cut to $3.50. Analysts on average target the shares at $3.75.
Mr. Lam says in a note: "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."