Mako Mining Stock Today

MKO Stock  CAD 0.20  0.01  5.26%   
Market Performance
12 of 100
Odds Of Distress
Less than 31
Mako Mining is selling for under 0.2 as of the 6th of February 2023; that is 5.26 percent increase since the beginning of the trading day. The stock's lowest day price was 0.19. Mako Mining has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Mako Mining Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of December 2022 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
December
Category
Basic Materials
ISIN
CA56089A1030
Mako Mining Corp. acquires and explores for mineral properties in Nicaragua and Mexico. Mako Mining Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada. MAKO MINING operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 657.23 M outstanding shares of which 192.8 K shares are now shorted by private and institutional investors with about 0.96 days to cover all short positions. More on Mako Mining Corp

Moving together with Mako Mining

+0.71GGDGoGold Resources Earnings Call TomorrowPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Mako Mining Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mako Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mako Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO DirectorAkiba Leisman
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Mako Mining's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Mako Mining Corp (MKO) is traded on TSX Venture Exchange in Canada and employs 12 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 128.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mako Mining's market, we take the total number of its shares issued and multiply it by Mako Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mako Mining Corp classifies itself under Basic Materials sector and is part of Industrial Metals & Minerals industry. The entity has 657.23 M outstanding shares of which 192.8 K shares are now shorted by private and institutional investors with about 0.96 days to cover all short positions. Mako Mining Corp has accumulated about 1.95 M in cash with 137 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Mako Mining Probability Of Bankruptcy
Ownership
Mako Mining Corp maintains a total of six hundred fifty-seven million two hundred twenty-eight thousand thirty-two outstanding shares. Over half of Mako Mining Corp outstanding shares are owned by institutional investors. These institutional investors are typically referred to corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Mako Mining Corp. Please watch out for any change in the institutional holdings of Mako Mining Corp as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Mako Mining Ownership Details

Mako Mining Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Mako Mining jumping above the current price in 90 days from now is under 4%. The Mako Mining Corp probability density function shows the probability of Mako Mining stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Mako Mining has a beta of 0.52. This indicates as returns on the market go up, Mako Mining average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mako Mining Corp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.761, implying that it can generate a 0.76 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.2HorizonTargetOdds Above 0.2
96.17%90 days
 0.20 
3.81%
Based on a normal probability distribution, the odds of Mako Mining to move above the current price in 90 days from now is under 4 (This Mako Mining Corp probability density function shows the probability of Mako Mining Stock to fall within a particular range of prices over 90 days) .

Mako Mining Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mako Mining market risk premium is the additional return an investor will receive from holding Mako Mining long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mako Mining. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mako Mining's alpha and beta are two of the key measurements used to evaluate Mako Mining's performance over the market, the standard measures of volatility play an important role as well.

Mako Mining Stock Against Markets

Picking the right benchmark for Mako Mining stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mako Mining stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mako Mining is critical whether you are bullish or bearish towards Mako Mining Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mako Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Global Correlations Now

   

Global Correlations

Find global opportunities by holding instruments from different markets
All  Next Launch Module

Mako Mining Corporate Directors

Mako Mining corporate directors refer to members of a Mako Mining board of directors. The board of directors generally takes responsibility for the Mako Mining's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Mako Mining's board members must vote for the resolution. The Mako Mining board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John Conlon - Independent DirectorProfile
Bryce Porter - Independent DirectorProfile
Leonard Dennis - Independent DirectorProfile
William Meyer - Independent DirectorProfile

Invested in Mako Mining Corp?

The danger of trading Mako Mining Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mako Mining is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mako Mining. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mako Mining Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for analysis

When running Mako Mining Corp price analysis, check to measure Mako Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mako Mining is operating at the current time. Most of Mako Mining's value examination focuses on studying past and present price action to predict the probability of Mako Mining's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mako Mining's price. Additionally, you may evaluate how the addition of Mako Mining to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Please note, there is a significant difference between Mako Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine Mako Mining value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mako Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.