Mako Mining Corp Achieves Record Cash Flow and Expands Operations with Moss Acquisition

Mako Mining Corp ( (TSE:MKO) ) has issued an update.

Mako Mining Corp reported strong financial results for the first quarter of 2025, with record mine operating cash flow of $19.9 million and net income of $9.4 million. The acquisition of the Moss gold mine contributed to increased production and revenue, despite higher cash costs and all-in sustaining costs. The company’s robust financial performance and strategic acquisition position it well for future growth, including the development of the Eagle Mountain project in Guyana.

Spark’s Take on TSE:MKO Stock

According to Spark, TipRanks’ AI Analyst, TSE:MKO is a Outperform.

Mako Mining Corp demonstrates strong financial performance and strategic growth initiatives, contributing to a high overall score. Technical analysis shows favorable trends, though caution is advised due to potential overbought conditions. The recent corporate events further bolster the company’s growth prospects.

To see Spark’s full report on TSE:MKO stock, click here.

More about Mako Mining Corp

Mako Mining Corp is a company in the mining industry, primarily focused on gold and silver production. It operates the San Albino mine in Nicaragua and recently acquired the Moss gold mine in Arizona, enhancing its market presence in North America.

Average Trading Volume: 56,099

Technical Sentiment Signal: Buy

Current Market Cap: C$391M

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