The Regional Vice-President of Marathon Gold (Other OTC: MGDPF) is Buying Shares

By Carrie Williams

Today, the Regional Vice-President of Marathon Gold (MGDPFResearch Report), James Kenneth Powell, bought shares of MGDPF for $16.22K.

Following this transaction James Kenneth Powell’s holding in the company was increased by 26% to a total of $68.37K.

See today’s analyst top recommended stocks >>

Currently, Marathon Gold has an average volume of 173.43K. The company has a one-year high of $3.00 and a one-year low of $0.65.

Starting in September 2020, MGDPF received 40 Buy ratings in a row. Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $3.22, reflecting a -17.6% downside. One of the top 25 analysts, according to TipRanks.com, recently recommended Buy MGDPF with a $3.50 price target.

In the last 30 days, insiders have sold $3.53M worth of MGDPF shares and purchased $16.22K worth of MGDPF shares. The insider sentiment on Marathon Gold has been negative according to 45 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Marathon Gold Corp. engages in the acquisition, exploration, and development of precious and base metal prospects. It focuses in the operation of Victory Gold Deposit, Sprite, Leprechaun and Marathon projects located in Valentine Lake property in central Newfoundland. The company was founded on December 3, 2009 and is headquartered in Toronto, Canada.