Marathon Gold Corp (MOZ) Receives Outperform Rating from Royal Bank Of Canada
Marathon Gold Corp (TSE:MOZ)‘s stock had its “outperform” rating restated by stock analysts at Royal Bank Of Canada in a research report issued to clients and investors on Tuesday. They presently have a C$1.70 target price on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 65.05% from the company’s current price.
Shares of Marathon Gold Corp (TSE MOZ) remained flat at $1.03 on Tuesday. 290,742 shares of the stock traded hands. The firm has a 50 day moving average of $1.07 and a 200-day moving average of $1.08. Marathon Gold Corp has a 52-week low of $0.43 and a 52-week high of $1.36. The firm’s market cap is $145.00 million.
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In other Marathon Gold Corp news, Director George D. Faught acquired 31,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 27th. The stock was bought at an average price of C$1.06 per share, with a total value of C$33,390.00. Also, Director George D. Faught acquired 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 4th. The shares were acquired at an average cost of C$1.05 per share, with a total value of C$52,500.00. In the last 90 days, insiders have purchased 259,000 shares of company stock valued at $282,940.
Marathon Gold Corp Company Profile
Marathon Gold Corp (Marathon) is a Canada-based company engaged in the acquisition, exploration and development of natural resource properties located in North America. The Company’s projects include Valentine gold Camp, Baie Verte gold property, The Bonanza Mine and The Gold Reef property. The Valentine Gold Camp is in west central Newfoundland and includes over four zones with existing mineral resources, the Leprechaun, Marathon, Sprite and Victory Deposits.
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