Separately, National Bank Financial set a C$1.60 target price on Marathon Gold and gave the company an outperform rating in a research report on Thursday, September 27th.
Shares of Marathon Gold stock opened at C$0.83 on Tuesday. Marathon Gold has a one year low of C$0.65 and a one year high of C$1.20.
About Marathon Gold
Marathon Gold Corporation engages in the acquisition, exploration, and development of mineral resource projects in Canada and the United States. The company explores for gold and base metal deposits. Its principal property is the Valentine Lake gold property with 14 contiguous mineral licenses covering an area of 240 km2 located in Newfoundland.
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