Bullboard - Stock Discussion Forum Marathon Gold Corp T.MOZ

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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... see more

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Marathon Gold Corp > Marathon Gold Needs To Be Stripped of "Strong Buy"

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Post by NLMoose on Oct 06, 2023 11:55am

Marathon Gold Needs To Be Stripped of "Strong Buy"

With Marathon Gold stock trading at close to record low levels, perhaps now is the time for Investment Rating agencies like TD to strip the company of its "Strong Buy" recommendation.

Mathematically speaking, based on the average investor analyst price, Marathon Gold stock should be trading well over $1.00 a share or even $2.00 a share, not a record low price of 55 cents a share.

Even Kraken Robotics deserves better treatment than Marathon Gold.

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Comment by theCurse on Oct 06, 2023 12:11pm

That's about the most illogical post in recent memory. So if the SP was a lot higher and closer to the target, that's when it should become a "Strong Buy"? tC

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Comment by AlwaysLong683 on Oct 07, 2023 12:00am

I haven't been following analysts price targets on MOZ (or any other stock for that matter) because if these analysts make mistakes, there's always the announcement of share price target "downgrades" in their back pockets. Curious as to what 12-18 month price targets these analysts had for MOZ say, 12-18 months ago, and whether they downgraded their price targets since then...? ...more

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