A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Canaccord Genuity’s analyst Eric Zaunscherb reiterates their Buy rating on the shares of Marathon Gold (MOZ), with a C$1.60 price target.
Zaunscherb has an average return of 169.2% when recommending Marathon Gold.
According to TipRanks.com, Zaunscherb is ranked #122 out of 5127 analysts.
Currently, the analyst consensus on Marathon Gold is a Moderate Buy with an average price target of C$1.20.
Marathon Gold’s market cap is currently C$127.6M and has a P/E ratio of 0. The company has a Price to Book ratio of 1.50.
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 Tuesday at C$0.80.
