Marathon Gold (OTCMKTS:MGDPF) Trading 2.4% Higher – Should You Buy?

Marathon Gold Co. (OTCMKTS:MGDPFGet Free Report) was up 2.4% on Monday . The company traded as high as $0.59 and last traded at $0.59. 125,000 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 173,683 shares. The stock had previously closed at $0.58.

Marathon Gold Price Performance

The firm has a 50 day moving average of $0.59 and a 200-day moving average of $0.59.

About Marathon Gold

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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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