Companies · Mining & Resources
TORONTO · Mining & Resources · refined from filed group “Other”
Diligence memoA one-page analyst read on MARATHON GOLD Corp — recommendation, valuation, rhythm, risks.→MARATHON GOLD Corp looks fair against its niche peers and is at-risk on financing cadence.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
No named principal in this company's public records yet — see all operators below.
Explore how these operators interlock with other companies in the operator network.
MARATHON GOLD Corp is one of 701 Mining & Resources companies tracked from TORONTO. By capital raised it ranks among the largest (ahead of 92% of sector peers), and among the largest by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
As reported in public records reported — not modeled.
Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.
The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.
Round size and date are reported; the stage label is inferred from round size (latest is Series B — a $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.
Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Raised more than 92% of sector peers (real $). Modeled value above 96% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #6 of 13.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Sustainable Metals Solutions LLC | Series B | $31.8M | $132.3M | 1.62× |
| Crystal Mountain Gold Mine, Llc | Series B | $30.0M | $131.3M | 1.61× |
| Monetary Metals Bond III LLC | Series B | $30.6M | $120.4M | 1.48× |
| Gold Royalty Corp. | Series B | $27.5M | $118.8M | 1.46× |
| Coeur Mining, Inc. | Series B | $44.0M | $100.5M | 1.23× |
| MARATHON GOLD Corp this company | Series B | $27.2M | $92.4M | 1.13× |
| Brazil Minerals, Inc. | Series B | $26.4M | $81.6M | 1.00× |
| Valhalla Metals Inc. | Series B | $19.3M | $78.2M | 0.96× |
| Calibre Mining Corp. | Series B | $40.4M | $57.2M | 0.70× |
| Americas Gold & Silver Corp | Series B | $41.2M | $34.3M | 0.42× |
| Orezone Gold Corp | Series B | $43.9M | $10.5M | 0.13× |
| East Asia Minerals Corp | Series B | $8.4M | $6.5M | 0.08× |
Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Seed | $3.4M | 2010-12-30 | $16.8M | $18.1M | 85% |
| Seed | $617K | 2011-02-25 | $3.1M | $3.3M | 85% |
| Seed | $371K | 2011-11-30 | $1.9M | $2.0M | 85% |
| Seed | $591K | 2012-12-12 | $3.0M | $3.2M | 85% |
| Seed | $772K | 2015-06-29 | $3.9M | $4.1M | 85% |
| Series B | $21.5M | 2022-09-20 | $119.2M | $92.4M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| George Faught | — | 2 other | 2022-09 |
| James Gowans | — | 2 other | 2022-09 |
| Julian Kemp | — | 2 other | 2022-09 |
| Tim Williams | — | 2 other | 2022-09 |
| Douglas Bache | — | 1 other | 2022-09 |
| Janice Stairs | — | 1 other | 2022-09 |
| Joseph Spiteri | — | 1 other | 2022-09 |
| Matthew Manson | — | 1 other | 2022-09 |
| Peter Macphail | — | 1 other | 2022-09 |
| Phillip Walford | — | 1 other | 2015-06 |
| Cathy Bennett | — | — | 2022-09 |
| David C. Poynton | — | — | 2011-11 |
| David G. Poynton | — | — | 2012-12 |
| Douglas David Bache | — | — | 2015-06 |
| George David Faught | — | — | 2015-06 |
| George D. Faught | — | — | 2011-11 |
| James Daniel Frank | — | — | 2010-12 |
| James David Kirke | — | — | 2010-12 |
| Jim C. Kirke | — | — | 2012-12 |
| Joseph David Spiteri | — | — | 2015-06 |
| Joseph G. Spiteri | — | — | 2011-11 |
| Julian David Kemp | — | — | 2015-06 |
| Julian G. Kemp | — | — | 2012-12 |
| Julie Robertson | — | — | 2022-09 |
MARATHON GOLD Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Rubicon Minerals Corp | Mining & Resources | Series B | $21.9M | $9.3M | network1 shared operator · same sector · same stage |
| Calibre Mining Corp. | Mining & Resources | Series B | $40.4M | $57.2M | network1 shared operator · same sector · same stage |
| Gold Royalty Corp. | Mining & Resources | Series B | $27.5M | $118.8M | same sector · same stage |
| GS Mining Co LLC | Mining & Resources | Series B | $26.6M | $96.0M | same sector · same stage |
| Brazil Minerals, Inc. | Mining & Resources | Series B | $26.4M | $81.6M | same sector · same stage |
| Western Alaska Minerals Corp. | Mining & Resources | Series B | $28.0M | $4.6M | same sector · same stage |
| Crystal Mountain Gold Mine, Llc | Mining & Resources | Series B | $30.0M | $131.3M | same sector · same stage |
| Critical Metals Corp. | Mining & Resources | Series B | $24.6M | $94.3M | same sector · same stage |
Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Endurance Gold Corp | Mining & Resources | Seed | $479K | 87% |
| U.S. Gold Corp. | Mining & Resources | Series B | $115.0M | 87% |
| Legend Gold Corp | Mining & Resources | Series A | $757K | 87% |
| Gold Bull Resources Corp. | Mining & Resources | Pre-Seed | $2.1M | 86% |
| Omega Gold Corp. | Mining & Resources | Pre-Seed | $595K | 85% |
| Gold Royalty Corp. | Mining & Resources | Series B | $118.8M | 85% |
| Allied Gold Corp | Mining & Resources | Series A | $21.8M | 84% |
| White Gold Corp. | Mining & Resources | Seed | $5.0M | 84% |
See where MARATHON GOLD Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at MARATHON GOLD Corp, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.
Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.