Mako Mining Corp (MKO) AI Stock Analysis

• Market Cap: C$713.47M
• Dividend Yield: N/A
• Average Volume (3M): 125.10K
• Price to Earnings (P/E): 19.1
• Beta (1Y): 1.11
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: C$9.00 ▲(10.16% Upside)

Mako Mining Corp's overall stock score reflects strong financial performance and positive corporate events, which are the most significant factors. The technical analysis supports a positive trend, while the valuation is reasonable. The absence of earnings call data does not impact the score due to its exclusion.

Positive Factors

Revenue Growth

The company's consistent revenue growth indicates a strong market position and effective operational strategies, which are crucial for long-term sustainability.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, allowing the company to invest in growth opportunities and weather economic downturns.

Balance Sheet Health

A low debt-to-equity ratio suggests financial stability and reduces the risk of financial distress, supporting long-term operational resilience.

Negative Factors

Debt Monitoring Needed

While currently low, any increase in debt levels without corresponding revenue growth could strain financial resources and affect long-term stability.

EPS Growth Decline

A decline in EPS growth may signal potential challenges in maintaining profitability, impacting investor confidence and future earnings potential.

Gross Profit Margin Decline

A declining gross profit margin could indicate rising costs or pricing pressures, which may affect profitability if not addressed.

Mako Mining Corp Business Overview & Revenue Model

Company Description

Mako Mining Corp. operates as a gold mining and exploration company in Nicaragua. The company primarily explores for gold and silver deposits. Its primary asset is the San Albino property located in Nueva Segovia, Nicaragua. The company was formerly known as Golden Reign Resources Ltd. and changed its name to Mako Mining Corp. in November 2018. Mako Mining Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada.

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	115.09M	92.08M	65.95M	63.38M	30.93M	1.40M
Gross Profit	56.56M	46.38M	24.65M	12.04M	11.52M	437.71K
EBITDA	48.37M	37.83M	23.31M	12.25M	18.99M	-11.87M
Net Income	23.28M	19.15M	6.80M	-11.98M	9.96M	-12.13M
Balance Sheet
Total Assets	196.59M	107.08M	41.81M	45.17M	54.97M	49.43M
Cash, Cash Equivalents and Short-Term Investments	39.35M	14.52M	1.50M	523.00K	1.94M	2.63M
Total Debt	7.32M	4.97M	7.77M	12.97M	21.73M	16.87M
Total Liabilities	65.21M	30.16M	21.18M	31.50M	29.00M	32.52M
Stockholders Equity	131.38M	76.92M	20.63M	13.67M	25.97M	16.91M
Cash Flow
Free Cash Flow	31.56M	21.57M	7.71M	7.58M	-8.28M	-39.09M
Operating Cash Flow	47.15M	34.45M	12.47M	16.38M	137.00K	-9.13M
Investing Cash Flow	-21.39M	-13.19M	-4.76M	-8.80M	-6.30M	-28.83M
Financing Cash Flow	-3.88M	-8.23M	-6.75M	-8.99M	3.12M	35.30M

Mako Mining Corp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.17
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• 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 8.17 is above the 20-day moving average (MA) of 7.63, above the 50-day MA of 7.71, and above the 200-day MA of 5.84, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 63.39 is Neutral, neither overbought nor oversold. The STOCH value of 80.50 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	78 Outperform	C$713.47M	19.14	29.30%	―	45.36%	-14.35%
HSTR	68 Neutral	C$690.20M	8.30	―	―	―	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
OMG	56 Neutral	C$974.37M	-55.43	-76.61%	―	―	-111.48%
FF	51 Neutral	C$697.82M	-22.91	-11.85%	―	―	50.54%
PRB	47 Neutral	C$748.68M	-29.88	-81.62%	―	―	18.96%
RML	25 Underperform	C$601.68M	-8.25	―	―	―	-12.17%

Mako Mining Corp Corporate Events

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.

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.

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.

Mako Mining Expands into US with Mt. Hamilton Acquisition

Mako Mining Corp has announced its proposed acquisition of the Mt. Hamilton Gold-Silver Project in Nevada, marking its first venture into USA domiciled critical metals. This acquisition involves a strategic partnership with Sailfish Royalty Corp and is structured to avoid equity dilution, potentially enhancing Mako’s market position in the critical metals sector. The project is fully permitted for an open pit, heap leach gold-silver operation and includes a well-defined tungsten-copper-molybdenum target, offering significant potential for resource expansion and economic extraction.