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Mako Mining Corp ( (TSE:MKO) ) has provided an update.
Mako Mining Corp reported strong financial results for the second quarter of 2025, with record adjusted EBITDA of $21.3 million and a significant increase in cash by $18.2 million. The company achieved a net income of $8.8 million, selling 11,476 ounces of gold at an average price of $3,323 per ounce. The results reflect robust operational performance, with a return on equity of 33.9% and a return on assets of 23.5%. Mako Mining plans to continue its growth trajectory with the recommencement of mining at Moss and advancing the Eagle Mountain project in Guyana.
The most recent analyst rating on (TSE:MKO) stock is a Buy with a C$6.50 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 TSE:MKO Stock
According to Spark, TipRanks’ AI Analyst, TSE:MKO is a Outperform.
Mako Mining Corp’s strong financial performance and positive corporate events are the most significant factors contributing to the high score. The technical analysis supports a bullish outlook, while the valuation remains reasonable. The absence of earnings call data does not impact the overall assessment.
To see Spark’s full report on TSE:MKO stock, click here.
More about Mako Mining Corp
Mako Mining Corp is a company operating in the gold mining industry, primarily focused on gold production from its San Albino and Moss Mine. The company is involved in exploration and evaluation activities, with a market focus on increasing gold sales and advancing mining projects.
Average Trading Volume: 78,640
Technical Sentiment Signal: Buy
Current Market Cap: C$465.4M
For a thorough assessment of MKO stock, go to TipRanks’ Stock Analysis page.