Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
92.08M | 65.95M | 63.38M | 30.93M | 1.40M | Gross Profit |
46.38M | 24.00M | 32.38M | 11.52M | 728.00K | EBIT |
46.38M | 22.84M | -5.53M | -833.00K | -11.29M | EBITDA |
37.83M | 23.31M | 14.93M | 4.80M | -11.87M | Net Income Common Stockholders |
19.15M | 6.80M | -11.98M | 9.96M | -12.13M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
14.52M | 1.50M | 523.00K | 1.94M | 2.63M | Total Assets |
107.08M | 41.81M | 45.17M | 54.12M | 49.43M | Total Debt |
4.97M | 7.77M | 15.75M | 21.73M | 16.87M | Net Debt |
-9.55M | 6.27M | 15.22M | 19.79M | 14.23M | Total Liabilities |
30.16M | 21.18M | 31.50M | 29.00M | 32.52M | Stockholders Equity |
76.92M | 20.63M | 13.67M | 25.12M | 16.91M |
Cash Flow | Free Cash Flow | |||
21.57M | 7.71M | 7.58M | -8.28M | -39.09M | Operating Cash Flow |
34.45M | 12.47M | 16.38M | 137.00K | -9.13M | Investing Cash Flow |
-13.19M | -4.76M | -8.80M | -3.86M | -28.83M | Financing Cash Flow |
-8.23M | -6.75M | -8.99M | 3.12M | 35.30M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
76 Outperform | C$413.46M | 11.66 | 39.70% | ― | 56.13% | 98.44% | |
74 Outperform | C$348.98M | 57.96 | 2.36% | ― | 109.11% | ― | |
70 Outperform | C$394.49M | 101.30 | 5.89% | ― | 33.96% | 37.86% | |
55 Neutral | C$654.14M | ― | -38.15% | ― | -1.62% | -58.16% | |
51 Neutral | $2.02B | -1.14 | -21.37% | 3.64% | 2.88% | -30.57% | |
43 Neutral | $411.55M | ― | -75.61% | ― | ― | 41.94% | |
25 Underperform | C$566.93M | ― | 21.44% | ― | ― | -49.49% |
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.
Mako Mining Corp has announced promising initial results from its inaugural drill campaign at the El Golfo area within the El Jicaro Concession in Nicaragua. The drilling revealed a high-grade gold interval, indicating significant exploration potential in the region. The El Golfo area, historically mined since the 18th century, is now being explored for the first time in 15 years, with the company optimistic about its potential to become a new mining area. Additionally, Mako Mining has been granted a new concession, Tiburon, expanding its exploration and exploitation rights in the region.
Mako Mining Corp has announced significant exploration results from its ongoing drill program at Las Conchitas in northern Nicaragua. The results, which include high-grade gold intersections, highlight the potential for both open-pit and underground mining methods in the area. Las Conchitas has been a profitable mining area since gold extraction began in July 2023, supplementing production from the San Albino area. The company aims to expand its mining operations and improve its understanding of gold distribution, with additional drilling planned to delineate potential mining areas.
Mako Mining Corp. announced the appointment of Steve Parsons as President, following his role at the company’s subsidiary, Goldsource Mines Inc. The company has also granted stock options and share units to its executive officers, employees, and directors under its Omnibus Incentive Plan. These moves are aimed at strengthening the company’s leadership and aligning employee incentives with long-term growth objectives.
Mako Mining Corp reported record gold revenue of $31.5 million for Q1 2025, driven by strong production results from its San Albino gold mine and the acquisition of the Moss Mine. The company mined 48,813 tonnes containing 11,495 ounces of gold and 12,036 ounces of silver, with significant contributions from both diluted vein material and historical dumps. The high gold prices have positively impacted Mako’s financials, enabling further investment in exploration and project development, particularly the Eagle Mountain project in Guyana. The company’s strategic moves, including the Moss Mine acquisition, position it well for future growth and expansion.
Mako Mining Corp. has completed the acquisition of the Moss gold mine in Arizona, adding a producing asset to its portfolio. The acquisition was achieved at a net cash cost of approximately US$2.0 million, significantly lower than Mako’s current monthly cash flow, and was facilitated by cash inflows from gold and silver production and the release of collateral for environmental bonds. This strategic move positions Mako to capitalize on high gold prices and enhance its operational capabilities in a top-tier jurisdiction.