TSE:MOZ

0.81
0.04 (5.19%) 1d
0

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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

The experts are split in their views on Marathon Gold Corp. Some believe that the merger with CXB takes away the true upside of the Valentine project, which is under construction and has faced a financing shortfall. On the other hand, there is optimism about the reduced risk, improved capitalization, and diversification outside Canada as a result of the merger. Trevor Rose's insights suggest that while the stock has seen a decline, there is potential for re-rating once the mine becomes operational, assuming all goes as planned. There is some insider buying, and the project remains on schedule for the first gold pour in Q1 2025. Overall, there seems to be cautious optimism coupled with concerns about potential risks.

Consensus
Mixed
Valuation
Fair Value
Similar
Barrick Gold Corp, GOLD-T
DON'T BUY
Marathon Gold Corp

Merger with CXB. Could argue that this takes away the true upside of the Valentine project, which is under construction. Met a shortfall in financing to complete the mine. From CXB's view, you could argue that merger reduces risk, improves capitalization, diversifies outside Canada. 

Mining
HOLD
Marathon Gold Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

Investors did not like MOZ's revised study last year, and until recently the sector has not done much, either. The stock is down 25% YTD and 57% in 52-weeks. The recent cost update does show a slightly lower cost than last year, but of course this can change as construction continues. It now has 440 workers and is 27% complete.  It remains on schedule for first gold pour in Q1 2025. There has been some minor insider buying. We consider it 'OK'. It is always hard to ascertain value when a mine is under construction. Problems can develop, and the mine has to perform to specifications. We have no specific reason to worry, but there is always risk (grades, costs, environment, inflation). We think it is a decent project, but share count has risen sharply and could still go higher. Once the mine is operational the stock should get re-rated, assuming all goes as planned.
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Mining
HOLD
Marathon Gold Corp
Gold market is volatile, but there is opportunity for long term investors. Solid junior producer with good assets. Not expecting growth in share price until gold prices rise.
Mining
WAIT
Marathon Gold Corp
Great asset in Newfoundland & Labrador. Unlikely to be a target of M&A. In "sleepy" mode, so there's elevated execution risk. Costs are higher than he likes, but still profitable at today's gold prices.
Mining
COMMENT
Marathon Gold Corp
Recently upgraded the price target. A play on Newfoundland. Still bullish on it. (Analysts’ price target is $4.00)
Mining
RISKY
Marathon Gold Corp
He does not own this, but has it as a speculative buy with a $2.50 target. He prefers to begin building a portfolio with royalty companies as they are the least risky, followed by the lowest cost producers and finally producers like this one. Their deposits appear attractive.
Mining
RISKY
Marathon Gold Corp
It looks interesting. Their project is coming along well. However, it wouldn't been the first company in the sector he would buy. They are a gold developer that comes in a little behind of gold itself and producers. However, there is support. They are in Canada. (Analysts’ price target is $2.50)
Mining
COMMENT
Marathon Gold Corp
Good managers in Newfoundland. But the issue is the continuity of the gold, so he's never bought it. An interesting play and geopolitcally good though infrastructure is slightly challenged. There's a potential for a big strike.
Mining
BUY
Marathon Gold Corp

He follows it. Likes it. He has a $14 price target. Has great potential.

Mining
BUY
Marathon Gold Corp

They put out a resource and the shares have fallen back. It is an economic resource and quite impressive. The difficulty is how to mine it. They need to add more oz. and mine them economically. But it is a good name to own.

Mining
COMMENT
Marathon Gold Corp

He likes the work they are doing. The fact that it is an advanced exploration project in Canada giving good results (if the results continue) it will be taken over.

Mining
COMMENT
Marathon Gold Corp

They’ve done a great job of drilling. Have a big thrust fault where they are finding a lot of gold. His issue with this was the continuity of the gold with respect to actually developing an ore body. If interested in this stock, keep an eye on the amount of drilling they’re doing.

Mining
COMMENT
Marathon Gold Corp

This is a sleeper. It is a Canadian discovery that is shaping up very nicely, and is miraculously under owned by Canadians. He likes the exploration potential.

Mining
COMMENT
Marathon Gold Corp
Chart shows they have broken their downtrend, which is a positive scenario. They're building a base pattern. Chart shows it is forming a couple of little tops and if gold does slide down, you are probably looking at $.70. Look for a little bit of resistance at $1.20. If it pulls up it probably represents a good Buy.
Mining
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Marathon Gold Corp(MOZ-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Marathon Gold Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Marathon Gold Corp(MOZ-T) Frequently Asked Questions

What is Marathon Gold Corp stock symbol?

Marathon Gold Corp is a Canadian stock, trading under the symbol MOZ-T on the Toronto Stock Exchange (MOZ-CT). It is usually referred to as TSX:MOZ or MOZ-T

Is Marathon Gold Corp a buy or a sell?

In the last year, 2 stock analysts published opinions about MOZ-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Marathon Gold Corp.

Is Marathon Gold Corp a good investment or a top pick?

Marathon Gold Corp was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Marathon Gold Corp.

Why is Marathon Gold Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Marathon Gold Corp worth watching?

2 stock analysts on Stockchase covered Marathon Gold Corp In the last year. It is a trending stock that is worth watching.

What is Marathon Gold Corp stock price?

On 2024-01-26, Marathon Gold Corp (MOZ-T) stock closed at a price of $0.81.