Marathon Gold (OTCMKTS:MGDPF) Price Target Cut to C$3.75 by Analysts at National Bank Financial

Marathon Gold (OTCMKTS:MGDPFGet Rating) had its target price decreased by research analysts at National Bank Financial from C$4.50 to C$3.75 in a note issued to investors on Wednesday, The Fly reports.

Separately, Raymond James dropped their target price on Marathon Gold from C$3.50 to C$3.25 in a research report on Wednesday, April 13th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $3.88.

Shares of Marathon Gold stock traded down $0.12 on Wednesday, reaching $2.02. The stock had a trading volume of 135,272 shares, compared to its average volume of 46,036. Marathon Gold has a 1 year low of $1.91 and a 1 year high of $3.00. The company has a 50 day moving average price of $2.25 and a 200 day moving average price of $2.33.

Marathon Gold Company Profile (Get Rating)

Marathon Gold Corporation engages in the acquisition, exploration, and development of mineral resource projects in Canada. The company explores for gold, and precious and base metal deposits. Its flagship property is the Valentine Lake gold property with four mineralized deposits located in Newfoundland and Labrador, Canada.

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