Marathon Gold Corp (TSE:MOZ) – Analysts at Beacon Securities cut their FY2017 earnings per share estimates for shares of Marathon Gold Corp in a note issued to investors on Tuesday. Beacon Securities analyst M. Bandrowski now forecasts that the brokerage will post earnings of ($0.02) per share for the year, down from their previous estimate of ($0.01). Beacon Securities has a “Buy” rating on the stock. Beacon Securities also issued estimates for Marathon Gold Corp’s FY2018 earnings at ($0.02) EPS.
Separately, Paradigm Capital restated a “speculative buy” rating and set a C$1.35 price objective on shares of Marathon Gold Corp in a report on Thursday, September 1st.
Marathon Gold Corp (TSE:MOZ) traded down 4.17% during mid-day trading on Friday, reaching $0.69. The company’s stock had a trading volume of 893,019 shares. Marathon Gold Corp has a 1-year low of $0.11 and a 1-year high of $0.83. The stock’s market capitalization is $73.14 million. The stock’s 50 day moving average price is $0.75 and its 200 day moving average price is $0.45.
Marathon Gold Corp Company Profile
Marathon Gold Corporation (Marathon) is 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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