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Marathon Gold Corp (MOZ-T)
TSE:MOZ
0.81
0.04
(5.19%) 1d
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Stocks retreat on economic worriesEarnings extend rallyWall Street fades, but TSX ralliesThis 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.
$0.715
No
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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He follows it. Likes it. He has a $14 price target. Has great potential.
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.
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.
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.
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.
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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
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.
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.