MAKO
Mako Mining Corp.
Price Chart
Latest Quote
$7.28
| Previous Close | $7.71 |
| Open | $7.56 |
| Day High | $7.57 |
| Day Low | $7.10 |
| Volume | 427,884 |
Stock Information
| Shares Outstanding | 87.56M |
| Total Debt | $42.39M |
| Cash Equivalents | $95.84M |
| Revenue | $185.28M |
| Net Income | $47.47M |
| Sector | Basic Materials |
| Industry | Gold |
| Market Cap | $637.47M |
| P/E Ratio | 13.24 |
| EPS (TTM) | $0.55 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $584.01M |
| Sales | $185.28M |
| Income | $47.47M |
| Book/sh | $1.99 |
| Cash/sh | $1.09 |
Financial Ratios
| Quick Ratio | 2.35 |
| Current Ratio | 3.20 |
| Debt/Eq | 24.30 |
| EPS Growth TTM | 145.60% |
Returns & Margins
| ROA | 23.24% |
| ROE | 36.35% |
| Gross Margin | 58.25% |
| Operating Margin | 49.97% |
| Profit Margin | 25.62% |
Ownership
| Insider Ownership | 2.77% |
| Institutional Ownership | 50.24% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 3.44 |
| P/B | 3.65 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $7.93 |
| SMA50 | $7.94 |
| SMA200 | $6.60 |
| RSI | 38.90 |
| ATR | 0.5143 |
| Shares Float | 84.94M |
| Short Ratio | 0.23 |
| Volatility | 1.69 |
| Rel Volume | 2.22 |
Performance History
| Week | -13.23% |
| Month | -10.23% |
| Quarter | +21.94% |
| 6 Months | +22.35% |
| YTD | +25.52% |
| Year | +91.58% |
| 3 Years | +635.35% |
| 5 Years | +120.61% |
| 10 Years | +216.52% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-24 | $7.28 | 429,100 |
| 2026-06-23 | $7.71 | 125,500 |
| 2026-06-22 | $8.12 | 121,100 |
| 2026-06-18 | $8.11 | 169,100 |
| 2026-06-17 | $8.13 | 159,700 |
| 2026-06-16 | $8.39 | 155,000 |
| 2026-06-15 | $7.94 | 129,000 |
| 2026-06-12 | $7.59 | 188,500 |
| 2026-06-11 | $7.34 | 320,700 |
| 2026-06-10 | $6.83 | 319,300 |
| 2026-06-09 | $7.21 | 289,600 |
| 2026-06-08 | $7.40 | 168,900 |
| 2026-06-05 | $7.35 | 407,200 |
| 2026-06-04 | $8.22 | 47,300 |
| 2026-06-03 | $8.21 | 136,600 |
| 2026-06-02 | $8.55 | 83,000 |
| 2026-06-01 | $8.50 | 178,900 |
| 2026-05-29 | $8.70 | 150,800 |
| 2026-05-28 | $8.58 | 145,600 |
| 2026-05-27 | $8.35 | 134,500 |
| 2026-05-26 | $8.62 | 214,700 |
About Mako Mining Corp.
Mako Mining Corp. engages in mineral exploration and exploitation activities in Nicaragua, the United States, and Guyana. The company explores for gold and silver deposits. Its primary asset is its 100%-owned San Albino mine comprising the San Albino and the Las Conchitas gold deposits, which consist of five mineral concessions covering an area of approximately 22,422 hectares located within the San Albino-Murra Property in Nueva Segovia, Nicaragua. The company was formerly known as Golden Reign Resources Ltd. and changed its name to Mako Mining Corp. in November 2018. Mako Mining Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada.
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Simply Wall St. âĸ 2026-04-23T12:33:13ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $65,367,000 | $38,119,000 | $28,559,000 | $30,946,000 |
| Cost Of Revenue | $73,455,000 | $45,691,000 | $41,943,000 | $51,339,000 |
| Total Revenue | $148,472,000 | $92,076,000 | $65,948,000 | $63,375,000 |
| Operating Revenue | $148,472,000 | $92,076,000 | $65,948,000 | $63,375,000 |
| Expenses | ||||
| Interest Expense | $1,012,000 | $777,000 | $937,000 | $1,679,000 |
| Total Expenses | $94,214,000 | $57,797,000 | $53,636,000 | $68,983,000 |
| Rent Expense Supplemental | $42,000 | $6,000 | $3,000 | $19,000 |
| Other Income Expense | $884,000 | $-4,201,000 | $-2,112,000 | $-2,032,000 |
| Other Non Operating Income Expenses | $-1,219,000 | $-577,000 | - | - |
| Net Non Operating Interest Income Expense | $-446,000 | $-729,000 | $-1,317,000 | $-2,242,000 |
| Interest Expense Non Operating | $1,012,000 | $777,000 | $937,000 | $1,679,000 |
| Operating Expense | $20,759,000 | $12,106,000 | $11,693,000 | $17,644,000 |
| Other Operating Expenses | $9,951,000 | $3,457,000 | $4,499,000 | $11,412,000 |
| General And Administrative Expense | $10,672,000 | $8,522,000 | $6,638,000 | $6,173,000 |
| Total Other Finance Cost | - | - | $400,000 | $565,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $33,740,000 | $19,152,000 | $6,799,000 | $-11,977,000 |
| Net Interest Income | $-446,000 | $-729,000 | $-1,317,000 | $-2,242,000 |
| Interest Income | $566,000 | $48,000 | $20,000 | $2,000 |
| Normalized Income | $32,442,735 | $21,516,879 | $8,415,513 | $-10,477,587 |
| Net Income From Continuing And Discontinued Operation | $33,740,000 | $19,152,000 | $6,799,000 | $-11,977,000 |
| Net Income Common Stockholders | $33,740,000 | $19,152,000 | $6,799,000 | $-11,977,000 |
| Net Income | $33,740,000 | $19,152,000 | $6,799,000 | $-11,977,000 |
| Net Income Including Noncontrolling Interests | $33,740,000 | $19,152,000 | $6,799,000 | $-11,977,000 |
| Net Income Continuous Operations | $33,740,000 | $19,152,000 | $6,799,000 | $-11,977,000 |
| Pretax Income | $54,696,000 | $29,349,000 | $8,883,000 | $-9,882,000 |
| Special Income Charges | $1,000,000 | $0 | $-1,169,000 | $-2,200,000 |
| Interest Income Non Operating | $566,000 | $48,000 | $20,000 | $2,000 |
| Operating Income | $54,258,000 | $34,279,000 | $12,312,000 | $-5,608,000 |
| Depreciation Amortization Depletion Income Statement | $136,000 | $127,000 | $103,000 | $59,000 |
| Depreciation And Amortization In Income Statement | $136,000 | $127,000 | $103,000 | $59,000 |
| Depreciation Income Statement | $136,000 | $127,000 | $103,000 | $59,000 |
| Gross Profit | $75,017,000 | $46,385,000 | $24,005,000 | $12,036,000 |
| Total Operating Income As Reported | - | $46,385,000 | $22,836,000 | $9,836,000 |
| Per Share | ||||
| Diluted EPS | $0.41 | $0.26 | $0.10 | $-0.18 |
| Basic EPS | $0.41 | $0.27 | $0.10 | $-0.18 |
| Other | ||||
| Tax Effect Of Unusual Items | $805,735 | $-1,259,121 | $-495,487 | $-532,587 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $61,829,000 | $41,449,000 | $25,419,000 | $14,281,000 |
| Total Unusual Items | $2,103,000 | $-3,624,000 | $-2,112,000 | $-2,032,000 |
| Total Unusual Items Excluding Goodwill | $2,103,000 | $-3,624,000 | $-2,112,000 | $-2,032,000 |
| Reconciled Depreciation | $8,224,000 | $7,699,000 | $13,487,000 | $20,452,000 |
| EBITDA (Bullshit earnings) | $63,932,000 | $37,825,000 | $23,307,000 | $12,249,000 |
| EBIT | $55,708,000 | $30,126,000 | $9,820,000 | $-8,203,000 |
| Diluted Average Shares | $83,226,000 | $73,712,000 | $66,513,000 | $65,800,000 |
| Basic Average Shares | $81,704,000 | $72,086,000 | $65,776,000 | $65,800,000 |
| Diluted NI Availto Com Stockholders | $33,740,000 | $19,152,000 | $6,799,000 | $-11,977,000 |
| Tax Provision | $20,956,000 | $10,197,000 | $2,084,000 | $2,095,000 |
| Restructuring And Mergern Acquisition | $-1,000,000 | $0 | - | - |
| Gain On Sale Of Security | $1,103,000 | $-3,624,000 | $-943,000 | $168,000 |
| Selling General And Administration | $10,672,000 | $8,522,000 | $6,638,000 | $6,173,000 |
| Other Gand A | $2,283,000 | $1,876,000 | $1,556,000 | $1,755,000 |
| Insurance And Claims | $457,000 | $470,000 | $483,000 | $418,000 |
| Rent And Landing Fees | $42,000 | $6,000 | $3,000 | $19,000 |
| Salaries And Wages | $7,890,000 | $6,170,000 | $4,596,000 | $3,981,000 |
| Write Off | - | $0 | $1,169,000 | $2,200,000 |
| Other Taxes | - | $22,000 | $453,000 | $0 |
| Gain On Sale Of Business | - | - | - | $0 |
| Gain On Sale Of Ppe | - | - | - | - |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $150,733,000 | $76,923,000 | $20,628,000 | $13,670,000 |
| Total Assets | $208,445,000 | $107,082,000 | $41,809,000 | $45,171,000 |
| Total Non Current Assets | $96,723,000 | $79,708,000 | $25,095,000 | $32,267,000 |
| Other Non Current Assets | $16,142,000 | $9,946,000 | $4,563,000 | $3,000 |
| Current Assets | $111,722,000 | $27,374,000 | $16,714,000 | $12,904,000 |
| Other Current Assets | $137,000 | $60,000 | - | - |
| Hedging Assets Current | $0 | $33,000 | $265,000 | $346,000 |
| Prepaid Assets | $2,843,000 | $1,352,000 | $591,000 | $884,000 |
| Inventory | $29,178,000 | $11,087,000 | $13,849,000 | $9,971,000 |
| Receivables | $2,051,000 | $321,000 | $511,000 | $1,180,000 |
| Other Receivables | $1,800,000 | $60,000 | $207,000 | $82,000 |
| Accounts Receivable | $251,000 | $321,000 | $304,000 | $1,098,000 |
| Cash Cash Equivalents And Short Term Investments | $77,513,000 | $14,521,000 | $1,498,000 | $523,000 |
| Cash And Cash Equivalents | $77,277,000 | $14,521,000 | $1,498,000 | $523,000 |
| Non Current Prepaid Assets | - | - | $289,000 | $3,000 |
| Financial Assets | - | - | - | $0 |
| Debt | ||||
| Total Debt | $69,000 | $6,775,000 | $10,924,000 | $15,764,000 |
| Current Debt And Capital Lease Obligation | $69,000 | $1,900,000 | $3,240,000 | $3,256,000 |
| Long Term Debt And Capital Lease Obligation | - | $4,875,000 | $7,684,000 | $12,508,000 |
| Long Term Debt | - | $4,806,000 | $7,516,000 | $12,270,000 |
| Net Debt | - | - | $6,018,000 | $12,115,000 |
| Current Debt | - | - | - | $368,000 |
| Other Current Borrowings | - | - | - | $368,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $57,712,000 | $30,159,000 | $21,181,000 | $31,501,000 |
| Total Non Current Liabilities Net Minority Interest | $28,864,000 | $13,558,000 | $11,523,000 | $15,345,000 |
| Non Current Deferred Liabilities | $7,361,000 | $3,224,000 | $0 | - |
| Non Current Deferred Taxes Liabilities | $6,962,000 | $3,224,000 | $0 | - |
| Current Liabilities | $28,848,000 | $16,601,000 | $9,658,000 | $16,156,000 |
| Current Deferred Liabilities | $350,000 | $0 | - | - |
| Payables And Accrued Expenses | $28,429,000 | $14,701,000 | $6,418,000 | $12,211,000 |
| Payables | $28,429,000 | $14,701,000 | $6,218,000 | $11,161,000 |
| Total Tax Payable | $13,925,000 | $4,346,000 | $271,000 | $208,000 |
| Income Tax Payable | $13,925,000 | $4,346,000 | $271,000 | $208,000 |
| Accounts Payable | $13,722,000 | $10,043,000 | $5,924,000 | $10,897,000 |
| Other Current Liabilities | - | - | - | $18,000 |
| Equity | ||||
| Common Stock Equity | $150,733,000 | $76,923,000 | $20,628,000 | $13,670,000 |
| Total Equity Gross Minority Interest | $150,733,000 | $76,923,000 | $20,628,000 | $13,670,000 |
| Stockholders Equity | $150,733,000 | $76,923,000 | $20,628,000 | $13,670,000 |
| Gains Losses Not Affecting Retained Earnings | $2,350,000 | $2,837,000 | $1,324,000 | $1,402,000 |
| Other Equity Adjustments | $2,350,000 | $2,837,000 | $1,324,000 | $1,402,000 |
| Retained Earnings | $-30,881,000 | $-64,013,000 | $-81,117,000 | $-87,840,000 |
| Other | ||||
| Ordinary Shares Number | $87,009,006 | $79,249,000 | $65,551,000 | $65,743,000 |
| Share Issued | $87,009,006 | $79,249,000 | $65,551,000 | $65,743,000 |
| Tangible Book Value | $150,733,000 | $76,923,000 | $20,628,000 | $13,670,000 |
| Invested Capital | $150,733,000 | $81,729,000 | $28,144,000 | $26,308,000 |
| Working Capital | $82,874,000 | $10,773,000 | $7,056,000 | $-3,252,000 |
| Capital Lease Obligations | $69,000 | $166,000 | $256,000 | $337,000 |
| Total Capitalization | $150,733,000 | $81,729,000 | $28,144,000 | $25,940,000 |
| Additional Paid In Capital | $16,817,000 | $16,321,000 | $12,552,000 | $12,087,000 |
| Capital Stock | $162,447,000 | $121,778,000 | $87,869,000 | $88,021,000 |
| Common Stock | $162,447,000 | $121,778,000 | $87,869,000 | $88,021,000 |
| Non Current Accrued Expenses | $1,062,000 | $1,096,000 | $775,000 | $893,000 |
| Non Current Deferred Revenue | $399,000 | $0 | - | - |
| Long Term Capital Lease Obligation | $0 | $69,000 | $168,000 | $238,000 |
| Long Term Provisions | $20,441,000 | $4,363,000 | $3,064,000 | $1,944,000 |
| Current Deferred Revenue | $350,000 | $0 | - | - |
| Current Capital Lease Obligation | $69,000 | $97,000 | $88,000 | $99,000 |
| Dueto Related Parties Current | $782,000 | $312,000 | $23,000 | $56,000 |
| Net PPE | $80,581,000 | $69,762,000 | $20,532,000 | $32,264,000 |
| Accumulated Depreciation | $-60,762,000 | $-52,516,000 | $-47,977,000 | $-31,373,000 |
| Gross PPE | $141,343,000 | $122,278,000 | $68,509,000 | $63,637,000 |
| Construction In Progress | $7,463,000 | $0 | - | $0 |
| Other Properties | $49,114,000 | $46,929,000 | $10,027,000 | $9,322,000 |
| Buildings And Improvements | $49,114,000 | $46,929,000 | - | - |
| Other Inventories | $11,262,000 | - | - | - |
| Finished Goods | $1,621,000 | $232,000 | $278,000 | $261,000 |
| Work In Process | $1,584,000 | $1,501,000 | $1,232,000 | $1,566,000 |
| Raw Materials | $14,711,000 | $9,354,000 | $12,339,000 | $8,144,000 |
| Other Short Term Investments | $236,000 | $0 | - | - |
| Current Accrued Expenses | - | $0 | $200,000 | $1,050,000 |
| Machinery Furniture Equipment | - | $39,228,000 | $38,730,000 | $38,742,000 |
| Current Provisions | - | - | - | $689,000 |
| Land And Improvements | - | - | - | - |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $40,657,000 | $21,573,000 | $7,707,000 | $7,581,000 |
| Operating Activities | ||||
| Operating Cash Flow | $52,977,000 | $34,451,000 | $12,471,000 | $16,380,000 |
| Cash Flow From Continuing Operating Activities | $52,977,000 | $34,451,000 | $12,471,000 | $16,380,000 |
| Operating Gains Losses | $-314,000 | $3,988,000 | $1,272,000 | $-212,000 |
| Investing Activities | ||||
| Capital Expenditure | $-12,320,000 | $-12,878,000 | $-4,764,000 | $-8,799,000 |
| Investing Cash Flow | $-20,336,000 | $-13,185,000 | $-4,764,000 | $-8,799,000 |
| Cash Flow From Continuing Investing Activities | $-20,336,000 | $-13,185,000 | $-4,764,000 | $-8,799,000 |
| Capital Expenditure Reported | $-12,320,000 | $-12,878,000 | $-4,764,000 | $-8,799,000 |
| Net Other Investing Changes | - | - | - | $-8,799,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-1,357,000 | $-4,698,000 | $-413,000 | $-495,000 |
| Issuance Of Capital Stock | $39,495,000 | $0 | - | - |
| Financing Cash Flow | $30,071,000 | $-8,233,000 | $-6,752,000 | $-8,986,000 |
| Cash Flow From Continuing Financing Activities | $30,071,000 | $-8,233,000 | $-6,752,000 | $-8,986,000 |
| Net Other Financing Charges | $-2,058,000 | $-500,000 | - | - |
| Cash Dividends Paid | $0 | $0 | $0 | $0 |
| Net Common Stock Issuance | $38,138,000 | $-4,698,000 | $-413,000 | $-495,000 |
| Common Stock Issuance | $39,495,000 | $0 | - | - |
| Other | ||||
| Repayment Of Debt | $-8,512,000 | $-5,502,000 | $-14,305,000 | $-8,491,000 |
| Income Tax Paid Supplemental Data | $7,640,000 | $2,643,000 | - | - |
| End Cash Position | $77,277,000 | $14,521,000 | $1,498,000 | $523,000 |
| Beginning Cash Position | $14,521,000 | $1,498,000 | $523,000 | $1,944,000 |
| Effect Of Exchange Rate Changes | $44,000 | $-10,000 | $20,000 | $-16,000 |
| Changes In Cash | $62,712,000 | $13,033,000 | $955,000 | $-1,405,000 |
| Interest Paid Cff | $0 | $-57,000 | $-34,000 | $0 |
| Proceeds From Stock Option Exercised | $2,503,000 | $2,524,000 | $0 | $0 |
| Common Stock Payments | $-1,357,000 | $-4,698,000 | $-413,000 | $-495,000 |
| Net Issuance Payments Of Debt | $-8,512,000 | $-5,502,000 | $-6,305,000 | $-8,491,000 |
| Net Long Term Debt Issuance | $-8,512,000 | $-5,502,000 | $-6,305,000 | $-8,491,000 |
| Long Term Debt Payments | $-8,512,000 | $-5,502,000 | $-14,305,000 | $-8,491,000 |
| Net Investment Purchase And Sale | $-800,000 | $0 | - | - |
| Sale Of Investment | $1,000,000 | $0 | - | - |
| Purchase Of Investment | $-1,800,000 | $0 | - | - |
| Net Business Purchase And Sale | $-7,216,000 | $-307,000 | $0 | $0 |
| Sale Of Business | $346,000 | $517,000 | $0 | - |
| Purchase Of Business | $-7,562,000 | $-824,000 | $0 | $0 |
| Change In Working Capital | $2,534,000 | $-1,699,000 | $-12,385,000 | $3,234,000 |
| Change In Payables And Accrued Expense | $12,358,000 | $4,368,000 | $-2,950,000 | $685,000 |
| Change In Payable | $12,358,000 | $4,368,000 | $-2,950,000 | $685,000 |
| Change In Account Payable | $12,661,000 | $4,078,000 | $-2,917,000 | $660,000 |
| Change In Prepaid Assets | $-1,347,000 | $-143,000 | $251,000 | $-52,000 |
| Change In Inventory | $-8,531,000 | $-5,845,000 | $-10,098,000 | $3,522,000 |
| Change In Receivables | $54,000 | $-79,000 | $412,000 | $-921,000 |
| Other Non Cash Items | $3,082,000 | $1,065,000 | $1,479,000 | $2,139,000 |
| Stock Based Compensation | $1,973,000 | $1,022,000 | $650,000 | $544,000 |
| Deferred Tax | $3,738,000 | $3,224,000 | $0 | - |
| Deferred Income Tax | $3,738,000 | $3,224,000 | $0 | - |
| Depreciation Amortization Depletion | $8,224,000 | $7,699,000 | $13,487,000 | $20,452,000 |
| Gain Loss On Investment Securities | $294,000 | $1,959,000 | $994,000 | $131,000 |
| Net Foreign Currency Exchange Gain Loss | $-608,000 | $2,029,000 | $278,000 | $-343,000 |
| Net Income From Continuing Operations | $33,740,000 | $19,152,000 | $6,799,000 | $-11,977,000 |
| Issuance Of Debt | - | $0 | $8,000,000 | $0 |
| Long Term Debt Issuance | - | $0 | $8,000,000 | $0 |
| Asset Impairment Charge | - | $0 | $1,169,000 | $2,200,000 |
| Gain Loss On Sale Of Business | - | - | - | $0 |
| Net PPE Purchase And Sale | - | - | - | - |
| Sale Of PPE | - | - | - | - |
| Purchase Of PPE | - | - | - | - |
| Change In Other Working Capital | - | - | - | - |
| Provisionand Write Offof Assets | - | - | - | - |
| Gain Loss On Sale Of PPE | - | - | - | - |