Mako Mining (CVE:MKO) Stock Price Up 3.3% - Here's Why

Key Points

• Mako Mining's stock price increased by 3.3% to C$6.00, reflecting positive market activity despite a 36% decrease in trading volume from its average.
• The company's market capitalization stands at C$329.64 million with a PE ratio of 11.39, indicating its valuation in the market.
• Mako Mining's stock performance is above its 50-day moving average of C$5.37, suggesting potential bullish momentum.

Shares of Mako Mining (CVE:MKO - ) rose 3.3% during trading on Thursday . The company traded as high as C$6.00 and last traded at C$6.00. Approximately 40,204 shares traded hands during trading, a decline of 36% from the average daily volume of 63,026 shares. The stock had previously closed at C$5.81.

Mako Mining Trading Up 3.3%

The business's 50 day moving average is C$5.37 and its 200 day moving average is C$4.70. The stock has a market capitalization of C$329.64 million and a PE ratio of 11.39.

About Mako Mining

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.

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