Insider Buying: Marathon Gold Corp (MOZ) Director Acquires 37,500 Shares of Stock
Marathon Gold Corp (TSE:MOZ) Director George D. Faught purchased 37,500 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average price of C$1.04 per share, for a total transaction of C$39,000.00.
Shares of Marathon Gold Corp (TSE:MOZ) traded up C$0.01 during trading on Friday, reaching C$1.05. The company had a trading volume of 700,450 shares, compared to its average volume of 382,894. Marathon Gold Corp has a 1-year low of C$0.45 and a 1-year high of C$1.36.
Separately, Royal Bank Of Canada reiterated an “outperform” rating and set a C$1.70 price target on shares of Marathon Gold in a report on Tuesday, October 24th.
About Marathon Gold
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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