Marathon Gold Co. (TSE:MOZ) Receives Average Recommendation of “Buy” from Analysts

Marathon Gold Co. (TSE:MOZ – Get Rating) has been given an average rating of “Buy” by the ten analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$3.89.

Several research firms have commented on MOZ. CIBC reduced their price objective on Marathon Gold from C$4.25 to C$4.00 and set an “outperform” rating for the company in a research note on Wednesday, April 13th. TD Securities cut their price target on shares of Marathon Gold from C$4.75 to C$4.00 and set a “speculative buy” rating for the company in a report on Friday, April 22nd. National Bankshares cut their price objective on Marathon Gold from C$4.50 to C$3.75 in a research report on Wednesday, April 20th. Raymond James set a C$3.25 price target on shares of Marathon Gold and gave the company an “outperform” rating in a research report on Friday, April 22nd. Finally, Canaccord Genuity Group began coverage on Marathon Gold in a report on Tuesday. They issued a “buy” rating and a C$3.60 price target on the stock.

MOZ stock opened at C$2.03 on Wednesday. The company has a market cap of C$517.98 million and a price-to-earnings ratio of -67.67. The company has a fifty day moving average price of C$2.66 and a 200 day moving average price of C$2.86. 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 has a 12 month low of C$1.99 and a 12 month high of C$3.73.

Marathon Gold (TSE:MOZ – Get Rating) last posted its quarterly earnings data on Thursday, March 24th. The company reported C($0.01) EPS for the quarter, meeting analysts’ consensus estimates of C($0.01). As a group, analysts anticipate that Marathon Gold will post -0.03 earnings per share for the current year.

About Marathon Gold (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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