Mako Mining (NASDAQ:MAKO) Raised to “Hold” at Zacks Research

Mako Mining (NASDAQ:MAKOGet Free Report) was upgraded by research analysts at Zacks Research to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Separately, Wall Street Zen raised Mako Mining to a “strong-buy” rating in a report on Friday, April 17th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Mako Mining

Mako Mining Stock Performance

Shares of NASDAQ:MAKO opened at $8.11 on Wednesday. The company has a market capitalization of $710.31 million and a P/E ratio of 31.19.

Mako Mining Corp. is a gold mining company focused on the acquisition, exploration, and development of precious metals assets. The company’s work centers on advancing mining projects and operating producing assets, with an emphasis on generating gold from its portfolio of properties.

The company is based in Canada and has operated in Central America, including Nicaragua, where it has developed and worked on mining assets. Mako Mining’s business activities typically include mine development, mineral exploration, and the processing and sale of gold production from its operations.

Mako Mining was formed through the combination of mining assets and management expertise from earlier-stage precious metals ventures.

Further Reading

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