Mako Gold Limited Reports Quarterly Cash Flow and Financing Update

Mako Gold Limited ( (AU:MKG) ) just unveiled an update.

Mako Gold Limited’s quarterly cash flow report for the period ending December 31, 2024, indicates a net cash outflow from operating and investing activities, primarily due to exploration and evaluation expenses. Despite these outflows, the company secured $500,000 in financing through borrowings, helping to offset the overall decrease in cash and cash equivalents.

More about Mako Gold Limited

Mako Gold Limited is a mining exploration entity focused on the exploration and development of gold projects.

YTD Price Performance: 40.0%

Average Trading Volume: 1,907,800

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$13.81M

For an in-depth examination of MKG stock, go to TipRanks’ Stock Analysis page.