Mako Mining (CVE:MKO) Sets New 12-Month High – Time to Buy?

Mako Mining (CVE:MKO) shares reached a new 52-week high during trading on Wednesday . The company traded as high as C$10.86 and last traded at C$10.84, with a volume of 40050 shares trading hands. The stock had previously closed at C$10.67.

Mako Mining Price Performance

The firm has a market cap of C$950.14 million, a PE ratio of 37.66 and a beta of 1.24. The firm has a 50-day simple moving average of C$9.23 and a 200 day simple moving average of C$7.94.

Insider Buying and Selling at Mako Mining

In other news, insider Paolo Durand sold 15,000 shares of Mako Mining stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of C$10.22, for a total transaction of C$153,300.00. Following the completion of the transaction, the insider directly owned 32,759 shares in the company, valued at approximately C$334,796.98. This trade represents a 31.41% decrease in their ownership of the stock.

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. 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.