Marathon Gold Corporation

10:24 AM EST - Marathon Gold Corporation : Announces its financial results for the second quarter ending June 30, 2022. On that date, the Company had cash and cash equivalents of $62 million, leaving it well positioned to execute on its permitting, development, and exploration activities at the Project. Incurred capital expenditures in the quarter were $9.24 million. Net loss proved to be $1.632 million, compared to a profit of $3.305 million in the prior-year quarter. Marathon Gold Corporation shares T.MOZ are trading up $0.05 at $2.04.

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