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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 > Simple math says MOZ is higher today than it was Sept 1st
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Post by rixpixon Sep 22, 2022 4:08pm
230 Views
Post# 34980055

Simple math says MOZ is higher today than it was Sept 1st

Simple math says MOZ is higher today than it was Sept 1stSept 1st the total outstanding shares were 257 Million. Closing price that day was $1.38. Total market cap =  $354 Million..

Today even though the SP closed @ 92 cents, the total outstanding shares have increased to 394 million, making MOZ's total market cap cap s362 Million..

So even though the SP might be down over 40% from Sept 1st, the total market cap @ 92 cents a share is still higher today than it was Sept 1st.

Sept 1st's market cap of $354 million would make MOZ SP today 90 cents.

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This concludes today's Math lesson..
GLTA

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