Mako Mining (CVE:MKO) Sets New 1-Year High – Time to Buy?

Mako Mining (CVE:MKO)’s share price hit a new 52-week high on Wednesday . The company traded as high as C$13.80 and last traded at C$13.77, with a volume of 182876 shares traded. The stock had previously closed at C$13.39.

Analysts Set New Price Targets

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

Mako Mining Trading Down 1.8%

The business has a 50-day moving average price of C$10.86 and a 200-day moving average price of C$10.45. The stock has a market cap of C$1.19 billion, a PE ratio of 24.76 and a beta of 1.78.

Mako Mining Company Profile

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.