Marathon Gold (MOZ) Price Target Raised to C$1.60 at Canaccord Genuity

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Marathon Gold (TSE:MOZ) had its price target raised by Canaccord Genuity from C$1.20 to C$1.60 in a research note released on Tuesday morning.

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.

Marathon Gold (TSE:MOZ) last released its earnings results on Wednesday, November 14th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, equities research analysts predict that Marathon Gold will post -0.05 EPS for the current year.

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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