Marathon Gold (TSE:MOZ) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Marathon Gold Co. (TSE:MOZGet Free Report)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.81 and traded as low as C$0.77. Marathon Gold shares last traded at C$0.81, with a volume of 974,783 shares traded.

Marathon Gold Price Performance

The firm has a market capitalization of C$380.02 million, a P/E ratio of -16.20 and a beta of 1.68. The firm’s fifty day simple moving average is C$0.81. The company has a quick ratio of 8.40, a current ratio of 1.68 and a debt-to-equity ratio of 96.92.

Marathon Gold Company Profile

(Get Free Report)

Marathon Gold Corporation acquires, explores for, and develops mineral resource projects in Canada. The company explores for gold, and precious and base metal deposits. Its flagship property is the Valentine Lake gold property with five mineralized deposits located in Central Region of Newfoundland and Labrador, Canada.

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