Mako Mining (NASDAQ:MAKO) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Mako Mining (NASDAQ:MAKOFree Report) to a hold rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

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

Check Out Our Latest Research Report on Mako Mining

Mako Mining Stock Performance

NASDAQ:MAKO opened at $8.11 on Wednesday. The firm has a market cap of $710.31 million and a price-to-earnings 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

Receive News & Ratings for Mako Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mako Mining and related companies with MarketBeat.com's FREE daily email newsletter.