Insider Buying: Marathon Gold Corp (MOZ) Director Purchases 34,300 Shares of Stock

Marathon Gold Corp (TSE:MOZ) Director George D. Faught purchased 34,300 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were purchased at an average cost of C$1.02 per share, with a total value of C$34,986.00.

Shares of Marathon Gold Corp (TSE MOZ) traded up C$0.01 during mid-day trading on Thursday, reaching C$1.05. The company’s stock had a trading volume of 348,679 shares, compared to its average volume of 300,919. Marathon Gold Corp has a 52-week low of C$0.80 and a 52-week high of C$1.36. The company has a market capitalization of $152.29, a price-to-earnings ratio of -105.00 and a beta of -0.65.

Separately, Royal Bank of Canada lifted their price target on Marathon Gold from C$1.70 to C$1.80 and gave the stock an “outperform” rating in a research note on Friday, December 8th.

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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.

Insider Buying and Selling by Quarter for Marathon Gold (TSE:MOZ)

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