Marathon Gold Corp. (MGDPF) Stock Forecast & Predictions

Marathon Gold Corporation MGDPF: $2.6982

36 Lombard Street, Toronto, ON, CA. | Sector: Non-Energy Minerals | Exchange: US OTC | Web: http://www.marathon-gold.com

  • Market Cap$0.65B
  • Change (52 Weeks)114.02%
  • Low (52 Weeks)$0.6504
  • Marathon Gold Corp. (MGDPF) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Marathon Gold Corp. (MGDPF) is based on 13 Institutional Analyst Ratings where 69.23% are on Strong Buy, 23.08% on Moderate Buy, 7.69% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 13 Institutional Analysts, majority recommended MGDPF stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Marathon Gold Corp..

    Marathon Gold Corp. (MGDPF) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Beacon SecuritiesHoldDowngraded
    National Bank FinancialOutperformUpgraded
    CIBC World MarketsOutperformMaintained
    Raymond James FinancialOutperformInitiated
    CIBC World MarketsOutperformReiterated
    Raymond James FinancialOutperformInitiated
    Laurentian BankBuyUpgraded
    National Bank FinancialOutperformUpgraded
    Raymond James FinancialOutperformInitiated
    CIBC World MarketsOutperformMaintained
    Raymond James FinancialOutperformInitiated
    Raymond James FinancialOutperformInitiated
    TD SecuritiesSpeculative BuyDowngraded
    CIBC World MarketsOutperformDowngraded
    Raymond James FinancialOutperformInitiated
    CIBC World MarketsOutperformInitiated
    Raymond James FinancialOutperformInitiated
    Canaccord GenuityUpgraded
    Raymond James FinancialOutperformMaintained
    Eight CapitalOutperformUpgraded
    Raymond James FinancialOutperformUpgraded
    SbankUpgraded
    TD SecuritiesSpeculative BuyUpgraded
    National Bank FinancialOutperformUpgraded
    Canaccord GenuityUpgraded
    Eight CapitalUpgraded
    Raymond James FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Raymond James FinancialOutperformInitiated
    TD SecuritiesSpeculative BuyInitiated
    Canaccord GenuityUpgraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformInitiated
    Canaccord GenuityUpgraded
    National Bank FinancialOutperformDowngraded
    Canaccord GenuityUpgraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformInitiated
    Laurentian BankBuyInitiated
    RBC CapitalOutperformReiterated
    Canaccord GenuityMaintained
    Paradigm CapitalSpeculatie BuyMaintained
    Canaccord GenuitySource of FundsInitiated

    Marathon Gold Corp. (MGDPF) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.008
    The average consensus EPS for MGDPF is $-0.008 with a high estimate of $0.000 and Low of $-0.010 for the period 2021-09-30 and based on 6 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.02$-0.008082020-12-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.01$-0.006062021-03-31
    $-0.02$-0.008082020-12-31
    $-0.011$-0.006062020-09-30
    $-0.011$-0.005052020-06-30
    $0$-0.005052020-03-31
    $-0.04$-0.02022011-12-31
    $-0.03$-0.02022011-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).