In a new note to investors yesterday, an analyst has provided a rating update for the Materials sector company, Marathon Gold (MOZ). The company received a Buy rating from Canaccord Genuity’s analyst Eric Zaunscherb, with a C$1.80 price target.
Zaunscherb has an average return of 161.7% when recommending Marathon Gold.
According to TipRanks.com, Zaunscherb is ranked #213 out of 5194 analysts.
Marathon Gold has an analyst consensus of Moderate Buy, with a price target consensus of C$1.80.
The company has a one-year high of C$1.20 and a one-year low of C$0.65. Currently, Marathon Gold has an average volume of 150K.
Marathon Gold Corp. engages in the acquisition, exploration, and development of precious and base metal prospects. It focuses in the operation of Victory Gold Deposit, Sprite, Leprechaun and Marathon projects located in Valentine Lake property in central Newfoundland. The company was founded on December 3, 2009 and is headquartered in Toronto, Canada.
The company’s shares closed on Thursday at C$1.02.
