Insider Selling: Marathon Gold Corp (TSE:MOZ) Director Sells C$490,000.00 in Stock
Marathon Gold Corp (TSE:MOZ) Director Phillip Charles Walford sold 200,000 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of C$2.45, for a total value of C$490,000.00. Following the completion of the sale, the director now directly owns 4,451,612 shares of the company’s stock, valued at C$10,906,449.40.
Phillip Charles Walford also recently made the following trade(s):
- On Wednesday, July 8th, Phillip Charles Walford sold 200,000 shares of Marathon Gold stock. The stock was sold at an average price of C$1.97, for a total value of C$394,000.00.
- On Thursday, June 18th, Phillip Charles Walford sold 800,000 shares of Marathon Gold stock. The stock was sold at an average price of C$1.51, for a total value of C$1,208,000.00.
- On Wednesday, June 10th, Phillip Charles Walford sold 500,000 shares of Marathon Gold stock. The stock was sold at an average price of C$1.60, for a total value of C$800,000.00.
Shares of TSE MOZ opened at C$2.30 on Friday. The stock has a market cap of $463.44 million and a PE ratio of -88.46. The business has a fifty day moving average of C$1.92 and a two-hundred day moving average of C$1.56. Marathon Gold Corp has a 52-week low of C$0.71 and a 52-week high of C$2.55. The company has a debt-to-equity ratio of 0.58, a quick ratio of 8.27 and a current ratio of 8.39.
About Marathon Gold
Marathon Gold Corporation engages in the acquisition, exploration, and development of mineral resource projects in Canada and the United States. The company explores for gold and base metal deposits. Its principal property is the Valentine Lake gold property with 14 contiguous mineral licenses covering an area of 240 km2 located in Newfoundland.
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