Mako Mining Corp Stock Buy Hold or Sell Recommendation
| MKO Stock | CAD 3.09 0.04 1.28% |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Mako Mining Corp is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Mako Mining Corp given historical horizon and risk tolerance towards Mako Mining. When Macroaxis issues a 'buy' or 'sell' recommendation for Mako Mining Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Mako Mining Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Mako and provide practical buy, sell, or hold advice based on investors' constraints. Mako Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Mako |
Execute Mako Mining Buy or Sell Advice
The Mako recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Mako Mining Corp. Macroaxis does not own or have any residual interests in Mako Mining Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Mako Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Unstable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Mako Mining Trading Alerts and Improvement Suggestions
| Mako Mining Corp generated a negative expected return over the last 90 days | |
| Mako Mining Corp has accumulated 10.92 M in total debt. Mako Mining Corp has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Mako Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Mako Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mako Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mako to invest in growth at high rates of return. When we think about Mako Mining's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Mako Mining Corp. announces an Equity Buyback for 3,956,485 shares, representing 5 percent of its issued share capital. - Marketscreener.com |
Mako Mining Returns Distribution Density
The distribution of Mako Mining's historical returns is an attempt to chart the uncertainty of Mako Mining's future price movements. The chart of the probability distribution of Mako Mining daily returns describes the distribution of returns around its average expected value. We use Mako Mining Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Mako Mining returns is essential to provide solid investment advice for Mako Mining.
| Mean Return | -0.13 | Value At Risk | -4 | Potential Upside | 3.96 | Standard Deviation | 2.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Mako Mining historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Mako Mining Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.3M | (1.6M) | (689K) | (1.4M) | 975K | 1.0M | |
| Depreciation | 141K | 127K | 5.6M | 20.5M | 23.5M | 24.7M | |
| Capital Expenditures | 15.7M | 30.0M | 8.4M | 8.8M | 4.8M | 4.9M | |
| Net Income | (12.8M) | (12.1M) | 9.1M | (12.0M) | 6.8M | 7.1M | |
| End Period Cash Flow | 4.3M | 2.6M | 1.9M | 523K | 1.5M | 2.0M | |
| Change To Netincome | 20.1M | 6.5M | 2.3M | (10.7M) | (9.6M) | (9.2M) | |
| Change To Inventory | 1.9M | 191K | (4.1M) | 3.5M | (10.1M) | (9.6M) |
Mako Mining Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Mako Mining or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Mako Mining's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Mako stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 2.57 | |
Ir | Information ratio | -0.09 |
Mako Mining Volatility Alert
Mako Mining Corp exhibits very low volatility with skewness of 0.6 and kurtosis of 0.72. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mako Mining's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Mako Mining's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Mako Mining Fundamentals Vs Peers
Comparing Mako Mining's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Mako Mining's direct or indirect competition across all of the common fundamentals between Mako Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Mako Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Mako Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Mako Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Mako Mining to competition |
| Fundamentals | Mako Mining | Peer Average |
| Return On Equity | 0.93 | -0.31 |
| Return On Asset | 0.37 | -0.14 |
| Profit Margin | 0.26 % | (1.27) % |
| Operating Margin | 0.46 % | (5.51) % |
| Current Valuation | 245.57 M | 16.62 B |
| Shares Outstanding | 78.77 M | 571.82 M |
| Shares Owned By Insiders | 2.75 % | 10.09 % |
| Shares Owned By Institutions | 49.57 % | 39.21 % |
| Number Of Shares Shorted | 5.04 K | 4.71 M |
| Price To Book | 4.95 X | 9.51 X |
| Price To Sales | 2.89 X | 11.42 X |
| Revenue | 65.95 M | 9.43 B |
| Gross Profit | 17.14 M | 27.38 B |
| EBITDA | 25.42 M | 3.9 B |
| Net Income | 6.8 M | 570.98 M |
| Cash And Equivalents | 1.95 M | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 10.92 M | 5.32 B |
| Current Ratio | 0.76 X | 2.16 X |
| Book Value Per Share | 0.54 X | 1.93 K |
| Cash Flow From Operations | 12.47 M | 971.22 M |
| Short Ratio | 0.03 X | 4.00 X |
| Earnings Per Share | 0.46 X | 3.12 X |
| Target Price | 0.8 | |
| Beta | 0.61 | -0.15 |
| Market Capitalization | 244.51 M | 19.03 B |
| Total Asset | 41.81 M | 29.47 B |
| Retained Earnings | (81.12 M) | 9.33 B |
| Working Capital | 7.06 M | 1.48 B |
| Net Asset | 41.81 M |
Mako Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Mako . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Mako Mining Buy or Sell Advice
When is the right time to buy or sell Mako Mining Corp? Buying financial instruments such as Mako Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2023 | 2024 (projected) | Working Capital | 234.3K | 208.3K | Market Cap | 135.4M | 142.1M |
Use Investing Ideas to Build Portfolios
In addition to having Mako Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Additional Tools for Mako Stock Analysis
When running Mako Mining's 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 the 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.