Scotiabank analyst Ovais Habib lowered the firm’s price target on Marathon Gold to C$0.75 from C$1.50 and keeps an Outperform rating on the shares.
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Read More on MGDPF:
- Calibre and Marathon Announce Completion of Previously Announced C$40 Million Financing of Marathon
- Marathon Gold price target lowered to C$0.75 from C$1.50 at Raymond James
- Marathon Gold price target lowered to C$0.84 from C$1.70 at CIBC
- Marathon Gold reports Q3 capex C$76M vs. C$33.5M last year
- Calibre and Marathon Announce Combination to Create a High-Growth, Cash Flow Focused, Mid-Tier Gold Producer in the Americas with Expected Annual Production of 500,000 ounces