FY2017 EPS Estimates for Marathon Gold Corp Decreased by Analyst (MOZ)
Marathon Gold Corp (TSE:MOZ) – Investment analysts at Beacon Securities decreased their FY2017 earnings per share (EPS) estimates for shares of Marathon Gold Corp in a report issued on Tuesday. Beacon Securities analyst M. Bandrowski now expects that the brokerage will earn ($0.02) per share for the year, down from their prior forecast of ($0.01). Beacon Securities currently has a “Buy” rating on the stock. Beacon Securities also issued estimates for Marathon Gold Corp’s FY2018 earnings at ($0.02) EPS.
Separately, Paradigm Capital restated a “speculative buy” rating and set a C$1.35 price target on shares of Marathon Gold Corp in a report on Thursday, September 1st.
Marathon Gold Corp (TSE:MOZ) opened at 0.69 on Friday. Marathon Gold Corp has a 12-month low of $0.11 and a 12-month high of $0.83. The company’s market cap is $73.14 million. The stock has a 50 day moving average price of $0.75 and a 200-day moving average price of $0.45.
About Marathon Gold Corp
Marathon Gold Corporation (Marathon) is engaged in the acquisition, exploration and development of natural resource properties located in North America. The Company’s projects include Valentine gold Camp, Baie Verte gold property, The Bonanza Mine and The Gold Reef property. The Valentine Gold Camp is in west central Newfoundland and includes over four zones with existing mineral resources, the Leprechaun, Marathon, Sprite and Victory Deposits.
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