Marathon Gold Corp T.MOZ

National Bank

[Ridgeback]

11:14 AM EDT, 08/17/2022 (MT Newswires) -- National Bank analysts on Tuesday maintained an outperform rating on Marathon Gold Corp. (MOZ.TO) after taking into account y a "world-class project in a Tier 1 jurisdiction, compelling organic opportunity and M&A appeal."

The analysts are also expecting the company to close the $175 million to $200 million funding gap via a combination of equity, forward sales, stream or debt.

National Bank has a price target of $2.50.

The company's stock was down 2.5% on last look on Wednesday.

Price: 1.93, Change: -0.04, Percent Change: -2.03

[FeartheReaper]

2.50 target. That's a harsh toke. I don't see any scenario here where I cease to regret my work with MOZ. It's all mitigation at this point.

[Ridgeback]

Yep? Aprroval from the Feds? Manson, dilution prior to getting the ball rolling and needing the share price higher to get some cash? Inflation ? Long term Gold goes higher? All most Au stocks in the dumps. Longer term nice rebound.