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Mako Mining Corp ( (TSE:MKO) ) has shared an announcement.
Mako Mining Corp. has secured approval to list its common shares on the Nasdaq Capital Market, with trading expected to begin on March 30, 2026, under the symbol “MAKO,” while the stock will continue to trade on the TSX Venture Exchange in Canada. The move is designed to elevate the company’s profile in the United States, broaden its institutional and retail investor base, and potentially improve trading liquidity, which management believes could enhance index eligibility and strengthen its equity as a currency for future acquisition opportunities, though the listing remains contingent on effectiveness of its U.S. registration with securities regulators.
Existing shareholders will be able to trade their shares on Nasdaq once the listing becomes effective, marking a strategic step in Mako’s ongoing effort to access deeper capital markets and align its capital structure with its growing portfolio of gold assets. By transitioning from the OTCQX market to a major U.S. exchange, Mako is positioning itself for increased visibility within the gold mining sector and potentially greater access to financing, which may support ongoing operations and expansion plans across its Nicaraguan, U.S. and Guyanese projects.
The most recent analyst rating on (TSE:MKO) stock is a Buy with a C$12.00 price target. To see the full list of analyst forecasts on Mako Mining Corp stock, see the TSE:MKO Stock Forecast page.
Spark’s Take on MKO Stock
According to Spark, TipRanks’ AI Analyst, MKO is a Outperform.
The score is driven primarily by strong financial performance (growth, profitability, low leverage, and cash flow strength). Technicals are bullish but look overextended (very high RSI/Stoch), which tempers the rating. Valuation is a relative headwind due to a higher P/E and lack of dividend yield data.
To see Spark’s full report on MKO stock, click here.
More about Mako Mining Corp
Mako Mining Corp. is a publicly listed gold mining, development and exploration company with a portfolio of producing and advanced-stage assets across the Americas. Its flagship operation is the high-grade San Albino open pit gold mine in Nicaragua, and it also owns the Moss Mine in Arizona, the fully permitted Mt. Hamilton heap leach project in Nevada, and the PEA-stage Eagle Mountain gold project in Guyana, which is advancing through engineering, environmental and permitting work.
Average Trading Volume: 179,305
Technical Sentiment Signal: Buy
Current Market Cap: C$754.4M
For a thorough assessment of MKO stock, go to TipRanks’ Stock Analysis page.