How to buy Mako Gold shares | A$0.11

Mako Gold Limited is a gold business based in Australia. Mako Gold shares (MKG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.11 – an increase of 4.76% over the previous week. Mako Gold has a trailing 12-month revenue of around $64,705.

How to buy shares in Mako Gold

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Mako Gold . Find the share by name or ticker symbol: MKG. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Mako Gold reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.11, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Mako Gold . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Mako Gold 's share price?

Since the stock market crash in March caused by coronavirus, Mako Gold 's share price has had significant positive movement.

Its last market close was $0.11, which is 39.09% up on its pre-crash value of $0.067 and 307.41% up on the lowest point reached during the March crash when the shares fell as low as $0.027.

If you had bought $1,000 worth of Mako Gold shares at the start of February 2020, those shares would have been worth $526.32 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,447.37.

Mako Gold share price

Use our graph to track the performance of MKG stocks over time.

Mako Gold shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$0.11
52-week range	AUDA$0.027 - AUDA$0.17
50-day moving average	AUDA$0.1166
200-day moving average	AUDA$0.0952
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.018

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
• Sign-up process: Instant
• Support - After hours: Yes

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Mako Gold stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Mako Gold Limited by TradingView

Mako Gold price performance over time

Historical closes compared with the close of A$0.11 on 2020-10-22

1 week (2020-10-16)	4.76%
1 month (2020-09-25)	11.11%
3 months (2020-07-24)	-12.00%
6 months (2020-04-24)	161.90%

1 year (2019-10-24)	46.67%
2 years (2018-10-22)	N/A
3 years (2017-10-22)	N/A
5 years (2015-10-22)	N/A

Mako Gold financials

Revenue TTM	$64,705
Gross profit TTM	$64,705
Return on assets TTM	-15.64%
Return on equity TTM	-26.67%
Profit margin	0%
Book value	0.058
Market capitalisation	$29.5 million

TTM: trailing 12 months

Mako Gold share dividends

We're not expecting Mako Gold to pay a dividend over the next 12 months.

Mako Gold share price volatility

Over the last 12 months, Mako Gold 's shares have ranged in value from as little as $0.027 up to $0.17. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Mako Gold 's is 2.3936. This would suggest that Mako Gold 's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Mako Gold overview

Mako Gold Limited, an early stage exploration company, engages in the acquisition and exploration of gold tenements in West Africa. Its flagship property is the Napié gold project covering an area of 224 square kilometers located in the north central part of Côte d'Ivoire. The company also holds interest in Korhogo Nord permit covering approximately 185 square kilometers located in the greenstone belt in Côte d'Ivoire. Mako Gold Limited was founded in 2015 and is based in Brisbane, Australia.

Frequently asked questions

• What percentage of Mako Gold is owned by insiders?

  Currently 42.666% of Mako Gold shares are held by insiders.

• When does the fiscal year end for Mako Gold ?

  Mako Gold 's fiscal year ends in June.

• Where is Mako Gold based?

  Mako Gold 's address is: 300 Adelaide Street, Brisbane, QLD, Australia, 4000

• What is Mako Gold 's ISIN number?

  Mako Gold 's international securities identification number is: AU0000001869