Marathon Gold (TSE:MOZ) PT Set at C$1.50 by National Bankshares

Marathon Gold (TSE:MOZ – Get Rating) was given a $1.50 target price by equity research analysts at National Bankshares in a research note published Thursday, reports BayStreet.CA. The brokerage currently has an Outperform rating on the stock. National Bankshares’ price target suggests a potential upside of 38.89% from the stock’s current price.

Several other research companies have also recently issued reports on MOZ. The Canaccord Genuity Group lowered its price target for Marathon Gold from $3.50 to $2.75 in a report on Monday, December 12th. Scotiabank lowered its target price on Marathon Gold to $1.50 from $1.75 in a report on Thursday, December 8th. TD Securities lowered its target price on Marathon Gold to $1.65 from $1.75 and issued a research note on Thursday, November 10, with a speculative buy rating on the stock. CIBC lowered its target price on Marathon Gold to $1.65 from $1.75 and gave the stock a neutral rating in a research note on Monday, December 12. Finally, the Royal Bank of Canada lowered its target price on Marathon Gold to $1.50 from $2.25 and gave the stock an Outperform rating in a research note on Monday, December 12th. One research analyst has rated the stock with a hold and five have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1.79.

Marathon Gold Prize Performance

Shares of MOZ stock opened at CAD$1.08 on Thursday. The stock’s 50-day moving average is $1.03 and the 200-day moving average is $1.18. The company has a debt to equity ratio of 0.42, a quick ratio of 8.40 and a current ratio of 8.69. The stock has a market cap of $427.45 million and a P/E of -31.76. Marathon Gold has a 52-week low of $0.73 and a 52-week high of $3.21.

Marathon Gold (TSE:MOZ – Get Rating) last announced its results on Tuesday, November 8th. The company reported C($0.01) EPS for the quarter, matching the consensus estimate of C($0.01). Equities analysts expect Marathon Gold to report earnings per share of -0.0305085 for the current fiscal year. About Marathon Gold

(received rating)

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