National Bankshares Trims Marathon Gold (TSE:MOZ) Target Price to C$3.75

Marathon Gold (TSE:MOZGet Rating) had its price objective dropped by research analysts at National Bankshares from C$4.50 to C$3.75 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. National Bankshares’ price target would indicate a potential upside of 45.35% from the company’s current price.

A number of other equities research analysts have also issued reports on the stock. TD Securities upped their price objective on shares of Marathon Gold from C$4.00 to C$4.50 in a report on Wednesday, January 26th. CIBC cut their price target on shares of Marathon Gold from C$4.25 to C$4.00 and set an “outperform” rating for the company in a report on Wednesday, April 13th. Finally, Raymond James decreased their price objective on Marathon Gold from C$3.50 to C$3.25 and set an “outperform” rating on the stock in a report on Wednesday, April 13th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$4.40.

TSE MOZ traded up C$0.05 during trading hours on Wednesday, reaching C$2.58. The company’s stock had a trading volume of 192,868 shares, compared to its average volume of 430,335. The firm has a market capitalization of C$658.33 million and a price-to-earnings ratio of -86.33. Marathon Gold has a 1-year low of C$2.36 and a 1-year high of C$3.73. The company’s 50-day moving average is C$2.84 and its two-hundred day moving average is C$2.94. The company has a debt-to-equity ratio of 0.54, a current ratio of 12.92 and a quick ratio of 12.73.

Marathon Gold (TSE:MOZGet Rating) last released its earnings results on Thursday, March 24th. The company reported C($0.01) earnings per share for the quarter, meeting the consensus estimate of C($0.01). Equities analysts forecast that Marathon Gold will post -0.03 EPS for the current fiscal year.

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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