Marathon Gold Corp (MOZ) Expected to Earn FY2019 Earnings of ($0.01) Per Share

Marathon Gold Corp (TSE:MOZ) – Beacon Securities upped their FY2019 earnings per share (EPS) estimates for Marathon Gold Corp in a note issued to investors on Tuesday. Beacon Securities analyst M. Bandrowski now expects that the company will post earnings of ($0.01) per share for the year, up from their prior forecast of ($0.02).

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Shares of Marathon Gold Corp (MOZ) traded up 2.73% during trading on Friday, hitting $1.13. The company had a trading volume of 314,361 shares. Marathon Gold Corp has a 52 week low of $0.43 and a 52 week high of $1.36. The stock’s market capitalization is $136.52 million. The firm’s 50 day moving average is $1.03 and its 200-day moving average is $1.02.

In other news, Director Phillip Charles Walford purchased 55,000 shares of the company’s stock in a transaction that occurred on Thursday, May 25th. The stock was bought at an average cost of C$1.03 per share, with a total value of C$56,650.00.

Marathon Gold Corp Company Profile

Marathon Gold Corp (Marathon) is a Canada-based company 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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