Mako Mining (CVE:MKO) Sets New 52-Week High – Time to Buy?

Mako Mining (CVE:MKOGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$15.14 and last traded at C$15.07, with a volume of 301127 shares. The stock had previously closed at C$14.50.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus set a C$20.00 price target on Mako Mining and gave the company a “speculative buy” rating in a report on Tuesday, June 16th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$20.00.

Get Our Latest Analysis on MKO

Mako Mining Trading Down 1.3%

The stock’s 50-day moving average price is C$11.56 and its 200-day moving average price is C$10.73. The company has a market capitalization of C$1.32 billion, a P/E ratio of 25.63 and a beta of 1.78.

About Mako Mining

(Get Free Report)

Capri Holdings Limited designs, markets, distributes, and retails branded women’s and men’s apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. The company’s Versace segment offers ready-to-wear, accessories, footwear, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques; and department and specialty stores, as well as through Versace e-commerce sites. It also licenses Versace brand name and trademarks to third parties to retail and/or wholesale its products; and has licensing agreements to the manufacture and sale of jeans, fragrances, watches, eyewear, and home furnishings.

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