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Marathon Gold

TSX:MOZ
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MOZ
TSX
CA$157M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Marathon Gold Corporation engages in the acquisition, exploration, and development of mineral resource projects in Canada and the United States. The last earnings update was 125 days ago. More info.


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MOZ Share Price and Events
7 Day Returns
-3.9%
TSX:MOZ
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
7.7%
TSX:MOZ
-7.9%
CA Metals and Mining
-0.1%
CA Market
MOZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Marathon Gold (MOZ) -3.9% 0% 32.4% 7.7% 378% 276.9%
CA Metals and Mining 0.1% 1.5% 10.1% -7.9% 5.7% -23.5%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • MOZ outperformed the Metals and Mining industry which returned -7.9% over the past year.
  • MOZ outperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
MOZ
Industry
5yr Volatility vs Market

MOZ Value

 Is Marathon Gold undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Marathon Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.98.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Marathon Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Marathon Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:MOZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.04
TSX:MOZ Share Price ** TSX (2019-03-18) in CAD CA$0.98
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Marathon Gold.

TSX:MOZ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:MOZ Share Price ÷ EPS (both in CAD)

= 0.98 ÷ -0.04

-24.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Marathon Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Marathon Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Marathon Gold's expected growth come at a high price?
Raw Data
TSX:MOZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -24.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
70.9%per year
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Marathon Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Marathon Gold's assets?
Raw Data
TSX:MOZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.53
TSX:MOZ Share Price * TSX (2019-03-18) in CAD CA$0.98
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSX:MOZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:MOZ Share Price ÷ Book Value per Share (both in CAD)

= 0.98 ÷ 0.53

1.84x

* Primary Listing of Marathon Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Marathon Gold is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Marathon Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Marathon Gold has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MOZ Future Performance

 How is Marathon Gold expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
70.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Marathon Gold expected to grow at an attractive rate?
  • Marathon Gold's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Marathon Gold's earnings growth is expected to exceed the Canada market average.
  • Unable to compare Marathon Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:MOZ Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:MOZ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 70.9%
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:MOZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:MOZ Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 508 301 210 1
2021-12-31 0 -2 -3 2
2020-12-31 0 -2 -9 4
2019-12-31 0 -3 -2 5
2018-12-31 0 -2 -3 4
TSX:MOZ Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 -6
2018-06-30 -1 -5
2018-03-31 0 -5
2017-12-31 0 -4
2017-09-30 1 -1
2017-06-30 1 -1
2017-03-31 0 -1
2016-12-31 1 -2
2016-09-30 -1 -1
2016-06-30 -1 0
2016-03-31 -1 0
2015-12-31 -1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Marathon Gold's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Marathon Gold is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:MOZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Marathon Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:MOZ Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 1.28 1.28 1.28 1.00
2021-12-31 -0.02 -0.01 -0.04 3.00
2020-12-31 -0.05 -0.01 -0.12 4.00
2019-12-31 -0.01 -0.01 -0.01 3.00
2018-12-31 -0.02 -0.01 -0.02 4.00
TSX:MOZ Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.04
2018-06-30 -0.03
2018-03-31 -0.04
2017-12-31 -0.03
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 0.00
2016-03-31 0.01
2015-12-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Marathon Gold will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Marathon Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Marathon Gold has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MOZ Past Performance

  How has Marathon Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Marathon Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Marathon Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Marathon Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Marathon Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Marathon Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Marathon Gold Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:MOZ Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -5.96 2.43
2018-06-30 -4.84 1.82
2018-03-31 -4.93 2.67
2017-12-31 -4.01 2.63
2017-09-30 -1.31 3.00
2017-06-30 -1.33 2.77
2017-03-31 -0.95 1.78
2016-12-31 -1.55 1.59
2016-09-30 -0.70 1.14
2016-06-30 0.04 1.31
2016-03-31 0.50 1.42
2015-12-31 0.14 1.42
2015-09-30 4.16 1.37
2015-06-30 3.37 1.24
2015-03-31 2.92 1.18
2014-12-31 2.78 1.24
2014-09-30 -1.37 1.20
2014-06-30 -1.35 1.19
2014-03-31 -1.44 1.25
2013-12-31 -1.57 1.50
2013-09-30 -1.76 1.71
2013-06-30 -1.94 1.97
2013-03-31 -1.96 2.42
2012-12-31 -1.26 2.24
2012-09-30 -1.43 2.43
2012-06-30 -1.58 2.40
2012-03-31 -1.80 2.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Marathon Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Marathon Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Marathon Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Marathon Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Marathon Gold has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MOZ Health

 How is Marathon Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Marathon Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Marathon Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Marathon Gold's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Marathon Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Marathon Gold has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Marathon Gold Company Filings, last reported 5 months ago.

TSX:MOZ Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 85.14 0.00 5.91
2018-06-30 78.39 0.00 3.24
2018-03-31 77.45 0.00 4.14
2017-12-31 76.84 0.00 7.17
2017-09-30 75.09 0.00 17.42
2017-06-30 74.49 0.00 21.13
2017-03-31 56.72 0.00 5.17
2016-12-31 55.29 0.00 8.46
2016-09-30 49.72 0.00 3.01
2016-06-30 48.85 0.00 3.67
2016-03-31 46.43 0.00 1.77
2015-12-31 46.34 0.00 2.60
2015-09-30 46.25 0.00 2.35
2015-06-30 47.42 0.00 3.46
2015-03-31 46.22 0.00 1.61
2014-12-31 46.33 0.00 2.71
2014-09-30 54.48 0.00 4.14
2014-06-30 49.76 0.00 1.15
2014-03-31 49.21 0.00 0.60
2013-12-31 48.51 0.00 1.19
2013-09-30 48.20 0.00 1.40
2013-06-30 48.67 0.00 1.93
2013-03-31 43.72 0.00 2.98
2012-12-31 43.99 0.00 5.19
2012-09-30 39.67 0.00 2.04
2012-06-30 23.39 0.00 3.99
2012-03-31 23.67 0.00 6.95
  • Marathon Gold has no debt.
  • Marathon Gold has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Marathon Gold has less than a year of cash runway based on current free cash flow.
  • Marathon Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 72.1% each year.
X
Financial health checks
We assess Marathon Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Marathon Gold has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MOZ Dividends

 What is Marathon Gold's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Marathon Gold dividends.
If you bought CA$2,000 of Marathon Gold shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Marathon Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Marathon Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:MOZ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:MOZ Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2018-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Marathon Gold has not reported any payouts.
  • Unable to verify if Marathon Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Marathon Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Marathon Gold has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Marathon Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Marathon Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Marathon Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MOZ Management

 What is the CEO of Marathon Gold's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Phil Walford
COMPENSATION CA$675,079
AGE 72
TENURE AS CEO 9.3 years
CEO Bio

Mr. Phillip Charles Walford, B.Sc., P.Geo., is Strategic Advisor of Revival Gold Inc. He has been the Chief Executive Officer and President of Marathon Gold Corporation since December 03, 2009. Mr. Walford is a Professional Geologist and has over 36 years experience in mining and mineral exploration in North and Central America. He co-founded Stillwater Canada Inc. and served as its President and Chief Executive Officer from March 1, 2005 to November 29, 2010. He served as a Vice President of Exploration at Anaconda Gold Corp. since 2003. He served as Vice President of Exploration of Marathon PGM Corp. from October 2003 to February 28, 2005. From 1993 to 2003, Mr. Walford served as the Vice President of Exploration for Geomaque Exploration Ltd., a Canadian public company. He worked for three years at the Page Williams mine in Hemlo, Ontario as Chief Mine Geologist. He worked for seven years with LAC Minerals Ltd. as Vice President and Chief Geologist. He worked for three years with Pamour Porcupine Mines Ltd. as Area Chief Mine Geologist and twelve years with Hudson Bay Exploration and Development Ltd. holding various positions, including Mine Geologist and Project Geologist. He has been a Director of Marathon Gold Corporation since December 03, 2009. He has been an Independent Director at Soltoro Ltd. since 2006. He serves as a Director of Daycon Minerals Corporation. Mr. Walford served as a Director at Canadian Premium Sand Inc.(formerly known as Claim Post Resources Inc.) since 2006 until June 10, 2016. He has been a Member of Advisory Board at Palamina Corp. since December 2015 and served as its Director until December 1, 2015. From 1993 to 2003, he served as a Director for Geomaque Exploration Ltd. He served as a Director of Marathon PGM Corp. since May 31, 2007 until November 2010. He served as a Director at Stillwater Canada Inc. from October 13, 2003 to November 16, 2006. Mr. Walford holds B. Sc. from Lakehead University.

CEO Compensation
  • Phil's compensation has increased whilst company is loss making.
  • Phil's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Marathon Gold management team in years:

8.3
Average Tenure
  • The average tenure for the Marathon Gold management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Phil Walford

TITLE
President
COMPENSATION
CA$675K
AGE
72
TENURE
9.3 yrs

Jim Kirke

TITLE
CFO & Secretary
COMPENSATION
CA$367K
TENURE
8.3 yrs

Sherry Dunsworth

TITLE
Senior VP of Exploration
COMPENSATION
CA$492K
TENURE
8.3 yrs

Robbert Borst

TITLE
Chief Operating Officer
TENURE
0.6 yrs
Board of Directors Tenure

Average tenure and age of the Marathon Gold board of directors in years:

6.3
Average Tenure
64
Average Age
  • The tenure for the Marathon Gold board of directors is about average.
Board of Directors

George Faught

TITLE
Non-Executive Chairman of the Board
COMPENSATION
CA$153K
AGE
68

Phil Walford

TITLE
President
COMPENSATION
CA$675K
AGE
72
TENURE
9.3 yrs

Julian Kemp

TITLE
Independent Director
COMPENSATION
CA$117K
AGE
52
TENURE
6.3 yrs

Doug Bache

TITLE
Independent Director
COMPENSATION
CA$115K
TENURE
5.8 yrs

Joe Spiteri

TITLE
Director
COMPENSATION
CA$115K
AGE
64
TENURE
8.3 yrs

Janice Stairs

TITLE
Director
COMPENSATION
CA$96K
AGE
58
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • Marathon Gold insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
26. Feb 19 Sell Julian Kemp Individual 25. Feb 19 25. Feb 19 -50,000 CA$1.02 CA$-50,601
01. Jan 19 Buy George Faught Individual 28. Dec 18 28. Dec 18 5,500 CA$0.75 CA$4,125
01. Jan 19 Buy George Faught Individual 31. Dec 18 31. Dec 18 4,750 CA$0.78 CA$3,705
28. Dec 18 Buy George Faught Individual 27. Dec 18 27. Dec 18 27,000 CA$0.77 CA$20,790
22. Dec 18 Buy George Faught Individual 21. Dec 18 21. Dec 18 3,500 CA$0.75 CA$2,625
20. Dec 18 Buy Phillip Walford Individual 19. Dec 18 19. Dec 18 13,000 CA$0.77 CA$9,983
20. Dec 18 Buy George Faught Individual 20. Dec 18 20. Dec 18 3,500 CA$0.75 CA$2,625
30. Nov 18 Buy Phillip Walford Individual 29. Nov 18 29. Nov 18 28,400 CA$0.72 CA$20,248
29. Nov 18 Buy Robbert Borst Individual 29. Nov 18 29. Nov 18 5,000 CA$0.70 CA$3,500
09. Nov 18 Buy Sherry Dunsworth Individual 09. Nov 18 09. Nov 18 10,000 CA$0.78 CA$7,800
08. Nov 18 Buy Robbert Borst Individual 08. Nov 18 08. Nov 18 5,000 CA$0.82 CA$4,100
31. Jul 18 Buy Robbert Borst Individual 27. Jul 18 27. Jul 18 4,000 CA$0.89 CA$3,560
24. Jul 18 Buy BCI Ventures Inc. Company 19. Jul 18 19. Jul 18 2,352,942 CA$0.85 CA$2,000,002
20. Jul 18 Buy Phillip Walford Individual 19. Jul 18 19. Jul 18 117,600 CA$0.85 CA$99,960
12. Jun 18 Buy Phillip Walford Individual 04. Jun 18 06. Jun 18 50,000 CA$0.96 CA$47,309
06. Jun 18 Buy Sherry Dunsworth Individual 06. Jun 18 06. Jun 18 5,000 CA$0.96 CA$4,800
X
Management checks
We assess Marathon Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Marathon Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MOZ News

Simply Wall St News

Can You Imagine How Elated Marathon Gold's (TSE:MOZ) Shareholders Feel About Its 374% Share Price Gain?

For example, the Marathon Gold Corporation (TSE:MOZ) share price is up a whopping 374% in the last three years, a handsome return for long term holders. … For example, investors may be hoping that Marathon Gold finds some valuable resources, before it runs out of money. … When it reported in September 2018 Marathon Gold had minimal net cash consider its expenditure: just CA$856k to be specific.

Simply Wall St -

Have Insiders Been Buying Marathon Gold Corporation (TSE:MOZ) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Marathon Gold Corporation (TSE:MOZ). … The Last 12 Months Of Insider Transactions At Marathon Gold. … We generally consider it a positive if insiders have been buying on market, even above the current price.

Simply Wall St -

Could Marathon Gold Corporation's (TSE:MOZ) Investor Composition Influence The Stock Price?

Every investor in Marathon Gold Corporation (TSE:MOZ) should be aware of the most powerful shareholder groups. … Generally speaking, as a company grows, institutions will increase their ownership. … Marathon Gold is not a large company by global standards.

Simply Wall St -

Who Owns Marathon Gold Corporation (TSE:MOZ)?

In this article, I will take a quick look at Marathon Gold Corporation’s (TSE:MOZ) recent ownership structure – an unconventional investing subject, but an important one. … Ownership structure of a company has been found to affect share performance over time. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

MOZ Company Info

Description

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. The company was incorporated in 2009 and is based in Toronto, Canada.

Details
Name: Marathon Gold Corporation
MOZ
Exchange: TSX
Founded: 2009
CA$157,090,767
160,296,702
Website: http://www.marathon-gold.com
Address: Marathon Gold Corporation
10 King Street East,
Suite 501,
Toronto,
Ontario, M5C 1C3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX MOZ Common Shares The Toronto Stock Exchange CA CAD 06. Dec 2010
OTCPK MGDP.F Common Shares Pink Sheets LLC US USD 06. Dec 2010
DB MC8 Common Shares Deutsche Boerse AG DE EUR 06. Dec 2010
Number of employees
Current staff
Staff numbers
0
Marathon Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 00:14
End of day share price update: 2019/03/18 00:00
Last estimates confirmation: 2019/02/27
Last earnings filing: 2018/11/14
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.