Mako Mining Corp (MKO) AI Stock Analysis

• Market Cap: C$781.34M
• Dividend Yield: N/A
• Average Volume (3M): 125.10K
• Price to Earnings (P/E): 21.0
• Beta (1Y): 1.12
• Revenue Growth: 45.36%
• EPS Growth: -14.35%
• Country: CA
• Employees: 30
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.02
• Shares Outstanding: 87,009,000
• 10 Day Avg. Volume: 204,723
• 30 Day Avg. Volume: 125,104
• PEG Ratio: 0.07
• Price to Book (P/B): 2.98
• Price to Sales (P/S): 2.49
• P/FCF Ratio: 10.63
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: C$9.00 ▲(12.92% Upside)

Mako Mining Corp's strong financial performance and positive technical indicators are the primary drivers of its overall stock score. The company's solid revenue growth, profitability, and low financial leverage enhance its stability and growth potential. The technical analysis supports a positive trend, while the valuation remains reasonable, contributing to a favorable investment outlook.

Positive Factors

Revenue Growth

The significant revenue growth indicates effective market expansion and increased gold production, supporting long-term financial stability.

Cash Flow Generation

Strong cash flow growth enhances financial flexibility, allowing for reinvestment in operations and potential expansion opportunities.

Strategic Acquisition

The acquisition of the Mt. Hamilton Project expands Mako's resource base, potentially boosting production capacity and long-term growth prospects.

Negative Factors

Earnings Volatility

Dependence on gold prices introduces earnings volatility, which can impact financial performance and investor confidence during price fluctuations.

EPS Decline

A decline in EPS suggests challenges in maintaining profitability, potentially affecting investor returns and company valuation.

Regulatory Approval Risk

Pending regulatory and shareholder approvals for the acquisition pose a risk of delays or failure, impacting strategic expansion plans.

Mako Mining Corp Business Overview & Revenue Model

Company Description

Mako Mining Corp (MKO) is a publicly traded gold mining company focused on the acquisition, exploration, and development of gold properties in the Americas. The company operates primarily in Nicaragua, where it is engaged in the extraction and processing of gold, leveraging its expertise in mining operations to create value for its shareholders. Mako Mining aims to develop its projects through sustainable practices while maximizing the potential of its mineral properties.

How the Company Makes Money

Mako Mining Corp generates revenue primarily through the sale of gold extracted from its mining operations. The company's revenue model is heavily reliant on gold production, with key revenue streams including the direct sale of gold bullion and potential income from by-products associated with its mining activities. Mako Mining has established partnerships with various suppliers and service providers to enhance its operational efficiency and reduce costs. Additionally, fluctuations in gold prices on global markets significantly impact the company's earnings, making its revenue sensitive to changes in commodity prices. The company's focus on exploration and development of new gold projects also positions it for future growth and revenue generation.

Mako Mining Corp Financial Statement Overview

Summary

Mako Mining Corp exhibits strong financial performance with impressive revenue growth, profitability, and cash flow generation. The company maintains a stable balance sheet with low leverage, enhancing its financial resilience. While the financial metrics are largely positive, maintaining these trends and addressing any emerging weaknesses will be crucial for continued success.

Income Statement

Mako Mining Corp has demonstrated strong revenue growth with a TTM (Trailing-Twelve-Months) increase of 9.97%. The company maintains solid profitability, evidenced by a gross profit margin of 49.14% and a net profit margin of 20.23% in the TTM period. The EBIT and EBITDA margins are also robust at 35.39% and 42.03%, respectively, indicating efficient operations. However, the gross profit margin has slightly decreased compared to the previous year, which could be a point of concern if the trend continues.

Balance Sheet

The balance sheet of Mako Mining Corp shows a healthy debt-to-equity ratio of 0.052, indicating low leverage and financial stability. The return on equity is strong at 28.17%, reflecting effective use of equity to generate profits. The equity ratio stands at 66.82%, suggesting a solid capital structure. However, the company should monitor its debt levels to maintain this stability.

Cash Flow

The cash flow statement reveals a significant improvement in free cash flow growth at 49.41% in the TTM period. The operating cash flow to net income ratio is 2.94, indicating strong cash generation relative to net income. The free cash flow to net income ratio is 0.67, showing that a substantial portion of net income is converted into free cash flow. These metrics suggest strong cash flow management, although the company should continue to focus on sustaining this growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	137.33M	92.08M	65.95M	63.38M	30.93M	1.40M
Gross Profit	61.09M	46.38M	24.65M	12.04M	11.52M	437.71K
EBITDA	53.93M	37.83M	23.31M	12.25M	18.99M	-11.87M
Net Income	24.55M	19.15M	6.80M	-11.98M	9.96M	-12.13M
Balance Sheet
Total Assets	151.41M	107.08M	41.81M	45.17M	54.97M	49.43M
Cash, Cash Equivalents and Short-Term Investments	29.77M	14.52M	1.50M	523.00K	1.94M	2.63M
Total Debt	7.33M	4.97M	7.77M	12.97M	21.73M	16.87M
Total Liabilities	74.50M	30.16M	21.18M	31.50M	29.00M	32.52M
Stockholders Equity	97.87M	76.92M	20.63M	13.67M	25.97M	16.91M
Cash Flow
Free Cash Flow	31.87M	21.57M	7.71M	7.58M	-8.28M	-39.09M
Operating Cash Flow	48.08M	34.45M	12.47M	16.38M	137.00K	-9.13M
Investing Cash Flow	-24.18M	-13.19M	-4.76M	-8.80M	-6.30M	-28.83M
Financing Cash Flow	-1.51M	-8.23M	-6.75M	-8.99M	3.12M	35.30M

Mako Mining Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.97
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MKO, the sentiment is Positive. The current price of 7.97 is below the 20-day moving average (MA) of 8.30, above the 50-day MA of 7.85, and above the 200-day MA of 6.26, indicating a bullish trend. The MACD of 0.27 indicates Negative momentum. The RSI at 70.89 is Negative, neither overbought nor oversold. The STOCH value of 83.16 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MKO.

Mako Mining Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MKO	76 Outperform	C$781.34M	21.04	29.30%	―	45.36%	-14.35%
HSTR	72 Outperform	C$700.47M	8.12	―	―	―	―
PRB	65 Neutral	C$742.56M	-29.47	-81.62%	―	―	18.96%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
FF	54 Neutral	C$710.18M	-24.23	-11.85%	―	―	50.54%
OMG	48 Neutral	C$993.85M	-59.30	-76.61%	―	―	-111.48%
RML	45 Neutral	C$789.70M	-10.94	―	―	―	-12.17%

Mako Mining Corp Corporate Events

Mako Mining Extends High-Grade El Golfo Discovery and Secures Underground Permit at Las Conchitas

Mako Mining Corp. has reported strong new drill results from the El Golfo area, immediately south of its Las Conchitas and San Albino operations in Nicaragua, confirming multiple subparallel high-grade gold-bearing quartz veins over a strike length of at least 630 metres and down-dip extent of 305 metres that remain open in all directions. The latest drilling, which includes intercepts such as 18.34 g/t gold over 4.2 metres true width and several very high-grade, near-surface intervals, supports El Golfo as a significant new discovery with geology similar to existing producing deposits, while the newly received underground mining permit at Las Conchitas will allow development of two adits and underground production of 150–250 tonnes per day for six years, potentially boosting mine life, production flexibility and overall project economics alongside ongoing open-pit operations.

The most recent analyst rating on (TSE:MKO) stock is a Buy with a C$9.00 price target. To see the full list of analyst forecasts on Mako Mining Corp stock, see the TSE:MKO Stock Forecast page.

Mako Mining Corp Reports Strong Q3 2025 Results and Strategic Acquisition

Mako Mining Corp reported its Q3 2025 financial results, showcasing a significant increase in revenue to $27.6 million compared to the previous year. The company achieved a net income of $1.2 million and remains debt-free with a cash balance of approximately $66.0 million. Mako anticipates record financial results in Q4 2025 due to expected higher gold production from both the San Albino and Moss mines. The company has also entered into a binding agreement to acquire the Mt. Hamilton Gold-Silver Project in Nevada, which is expected to enhance its future production capabilities.

The most recent analyst rating on (TSE:MKO) stock is a Buy with a C$8.50 price target. To see the full list of analyst forecasts on Mako Mining Corp stock, see the TSE:MKO Stock Forecast page.

Mako Mining Secures C$55.25 Million in Private Placements to Boost Operations

Mako Mining Corp has successfully closed a C$40.25 million bought deal private placement and a concurrent C$15 million non-brokered private placement of common shares. The proceeds from these offerings will be used to ramp up operations at the Moss Mine, construct development assets, and for general working capital. This financial maneuvering positions Mako Mining to enhance its operational capabilities and potentially increase its market presence.

The most recent analyst rating on (TSE:MKO) stock is a Buy with a C$8.50 price target. To see the full list of analyst forecasts on Mako Mining Corp stock, see the TSE:MKO Stock Forecast page.

Mako Mining Corp Secures C$50 Million for Operational Expansion

Mako Mining Corp announced a significant financial move with a C$35 million bought deal private placement of common shares, alongside a concurrent C$15 million non-brokered private placement. This initiative is aimed at raising a total of C$50 million, which will be used to ramp up operations at the Moss Mine, construct development assets, and for general working capital. The offering is expected to close by October 28, 2025, pending necessary regulatory approvals. This strategic financial maneuver is crucial for Mako Mining’s operational expansion and could strengthen its position in the mining industry.

The most recent analyst rating on (TSE:MKO) stock is a Buy with a C$7.50 price target. To see the full list of analyst forecasts on Mako Mining Corp stock, see the TSE:MKO Stock Forecast page.