|Bid||1.1600 x 0|
|Ask||1.1700 x 0|
|Day's Range||1.1500 - 1.1900|
|52 Week Range||0.6500 - 1.2300|
|Beta (3Y Monthly)||0.22|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 29, 2019 - Apr 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.00|
Drilling Highlights: The summer drilling campaign at the Leprechaun Deposit continues to intersect new high-grade gold mineralization with abundant visible gold in the Main.
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side...
Marathon Gold Corporation ("Marathon" or the "Company") (MOZ:TSX) announced today the results of voting at the annual meeting of shareholders held on June 11, 2019 in Toronto, Ontario. In addition, PricewaterhouseCoopers LLP was re-appointed as the Company’s auditor for the fiscal year ending December 31, 2019. The Company’s shareholders voted in favour of all matters brought before the meeting.
Drilling Highlights: The final DDH’s from the winter 2019 drilling campaign at the Leprechaun Deposit have continued to intersect additional significant new high-grade gold.
Drilling Highlights: The ongoing Marathon deposit infill drilling campaign is focused on penetrating down through the main mineralized corridor as well as into the hanging wall.
Marathon Gold Corporation (MOZ-TSX) (“Marathon”) announced today its financial results for the three months ended March 31, 2019. On February 21, 2019, Marathon completed the sale of a 2% net smelter returns royalty (“NSR”) to Franco-Nevada Corp. (the “FNV NSR”) for proceeds of $18 million. This attractive transaction is anticipated to fund Marathon’s exploration and technical work through to completion of the PFS and was pursued rather than an equity financing to manage the dilution of shareholders. The FNV NSR includes an 0.5% buy-back provision that allows Marathon to reduce the royalty to 1.5% prior to December 31, 2022 at a cost of US $7 million. At March 31, 2019, Marathon’s cash position was $19.4 million compared to $3.7 million at December 31, 2018, reflecting the sale of the FNV NSR.
Phillip Walford, President and CEO of Marathon Gold commented: “The Preliminary Economic Assessment (PEA) showed that traditional milling is expected to produce more than 85% of the gold for the project with the balance from the heap leach. These very good heap leach test results more than justify the consideration of heap leaching in our development plan and have improved the project economics. Heap leaching of low-grade gold material is a potential enhancement for the project in recovering gold that may otherwise go on a stockpile or waste dump. TORONTO, May 15, 2019 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ.TO) is pleased to announce the results of the heap leach tests that commenced in the fall of 2018.
Drilling Highlights: Recent drilling hits new high-grade gold mineralization with abundant visible gold in the Main Zone corridor of the Leprechaun Deposit, further defining a.
Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ.TO) announced today that Phillip Walford, President and Chief Executive Officer, has advised the Company that he will retire as CEO once a successor is hired and he has agreed to assist the Board of Directors to ensure a seamless transition. Following his retirement, Mr. Walford will continue to serve as a director of the Company and will be available to provide ongoing input and support with respect to the Company’s flagship Valentine Gold Camp. The Board of Directors has commenced a global search for a new President and CEO who has the expertise and track record to lead the company through the next phase of development and construction of the Valentine Gold Camp.
If you're interested in Marathon Gold Corporation (TSE:MOZ), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. Modern finance theory con...
Drilling Highlights: The ongoing infill drilling program at the Marathon Deposit is designed to penetrate down through the main mineralized corridor as well as into the hanging.
Drilling Highlights: New intersections of high-grade gold have been discovered during drilling down through the en-echelon stacked quartz-tourmaline-pyrite veining of the Main.
Marathon Gold Corporation (MOZ-TSX) (“Marathon”) announced today its financial results for the year ended December 31, 2018. At December 31, 2018, Marathon’s cash position was $3.7 million compared to $7.2 million at December 31, 2017. In July 2018, Marathon closed a bought deal prospectus financing of common shares and flow through shares which generated aggregate gross proceeds of $8.1 million and net proceeds of $7.3 million.
Drilling Highlights: The ongoing open-pit infill drilling program at the Marathon Deposit is designed to penetrate down through the main mineralized corridor with the aim of.
Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ.TO) is excited to announce that it has closed the sale of a 2% net smelter returns royalty (the “NSR”) to Franco-Nevada Corporation (“Franco-Nevada”) (TSX, NYSE: FNV) linked to production at the Valentine Lake Gold Camp in central Newfoundland, for gross proceeds of CAD $18,000,000. The NSR applies to the entire Valentine Lake property and covers the sales of precious and base metals and minerals. Marathon has an option to buy back 0.5% of the NSR for US $7 million until December 31, 2022. “Franco-Nevada's purchase of the NSR is a major endorsement of the Valentine Lake project by one of the best-known and regarded public royalty companies," said Phillip Walford, President and CEO of Marathon.
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2019) - On national TV Sat Feb. 23 & Sun Feb. 24, 2019 - BTV- Business Television visits five unique mining companies following the gold commodity trend upward. Full EpisodeAurania Resources Ltd. (TSXV: ARU), (OTCQB: AUIAF) - led by two PhD geologists, this company is hoping to rediscover gold at a historical mine that hasn't been explored in over 400 years. Analyst Mark Reichman from Noble ...
Drilling Highlights: The Marathon Deposit infill drill holes MA-19-350, MA-19-351 and MA-19-352 intersected wide zones of QTP-Au veining with visible gold over a strike length.
Drilling Highlights: The first 2 drill holes of the 2019 infill drilling campaign in the Marathon Deposit have succeeded in intersecting wide zones of QTP-Au veining with.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more Read More...
Final 2018 Drilling Results: The final drill holes into the southwestern end of the Marathon Deposit intersected new QTP-Au zones in areas with minimal drilling in the past.
Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ.TO), a growth focused gold exploration and development company, provides a summary of our accomplishments in 2018 and plans for 2019. By stockpiling high grade mill feed during pre-production and stockpiling low grade material during years 1 and 2, an average of 261,400 ounces of gold can be recovered in years 1 to 5.
Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ.TO) is pleased to announce the appointment of Mr. James Powell as Director of Environmental and Stakeholder Engagement effective January 1, 2019. Mr. Powell is a mining professional with over 20 years of technical and project management experience in mining, civil, geotechnical, and environmental engineering/sciences on a wide range of mining and industrial projects.
New Drilling Results: Drill holes into the southwestern end of the Marathon Deposit intersected new zones of high-grade gold in areas of previous minimal drilling (Figure 1):.