Marathon Gold (TSE:MOZ) Stock Price Up 0.8%

Marathon Gold Corp (TSE:MOZ)’s share price rose 0.8% on Thursday . The company traded as high as C$1.35 and last traded at C$1.33, approximately 73,686 shares were traded during mid-day trading. A decline of 60% from the average daily volume of 183,896 shares. The stock had previously closed at C$1.32.

Separately, Canaccord Genuity boosted their target price on shares of Marathon Gold from C$1.80 to C$2.00 in a report on Thursday, July 25th.

The company has a fifty day moving average price of C$1.22. The company has a debt-to-equity ratio of 0.02, a current ratio of 16.50 and a quick ratio of 16.46. The firm has a market cap of $210.37 million and a PE ratio of -63.33.

In other news, Senior Officer Sheryl Mary Dunsworth purchased 305,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 12th. The shares were bought at an average cost of C$1.06 per share, for a total transaction of C$323,300.00. Following the acquisition, the insider now owns 1,207,400 shares of the company’s stock, valued at approximately C$1,279,844.

About Marathon Gold (TSE:MOZ)

Marathon Gold Corporation engages in the acquisition, exploration, and development of mineral resource projects in Canada and the United States. The company explores for gold and base metal deposits. Its principal property is the Valentine Lake gold property with 14 contiguous mineral licenses covering an area of 240 km2 located in Newfoundland.

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