Mako Mining Corp. MAKO

 — 
9.98 (0.06) (0.60%) as of 25 Sep
Market cap
$879.6M
P/E
16.5×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 2.96%

Capital & Financial Ratios

Market Cap 879.60
Revenue 209.16
Net Income 52.51
Free Cash Flow 56.86
Net Debt (112.02)
Current Ratio 3.11
Debt/Equity 0.00
P/E ratio 16.55
P/S ratio 4.20
P/B ratio 4.62
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 2 15 77 112
Receivables 1 2 5 6
Inventory 14 11 29 38
Other — — — —
17 27 112 157
2023 2024 2025 Q'26
Payables 7 15 28 37
ST’ Debt 3 2 — —
Other — — — 13
10 17 29 50
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue

Mar Jun Sep Dec Year
’26 69 63 — — —
’25 32 39 28 50 148
’24 19 28 16 29 92
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 19 27 — — —
’25 6 20 5 22 53
’24 5 8 5 16 34
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 16 20 — — —
’25 4 16 1 19 41
’24 4 6 1 11 22
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.26 0.15 — — —
’25 0.12 0.11 0.01 0.17 0.41
’24 0.08 0.13 0.00 0.05 0.26
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
0.50 1.50 1.00 0.10 1.80 2.30 0.80 0.85 1.49 2.22

Analyst estimates 2026–2028

Powerpack
Low Price
2.80 3.10 2.30 2.50 5.00 3.90 3.20 2.10 2.85 6.31
High Price
— — — — — — — — — 460
Employees
— — — — — — — 0 0 0
Revenue/Emp
— — — — — — — 66 92 148
Revenue
— — — — — — — 34.63% 50.38% 50.53%
Gross Margin
— — — — — — — 9 29 55
EBT
— — — — — — — 13.47% 31.87% 36.84%
EBT Margin
— — — — — — — 7 19 34
Net Income
— — — — — — — 13 8 8
Depreciation
— — — — — — — 1.00 1.28 1.82
Revenue/Sh
— — — — — — — 0.10 0.27 0.41
Earnings/Sh
— — — — — — — 0.19 0.48 0.65
Cash Flow/Sh
— — — — — — — (0.07) (0.18) (0.15)
Capex/Sh
— — — — — — — 0.12 0.30 0.50
Free CF/Sh
— — — — — — — 0.31 1.07 1.84
Book Value/Sh
— — — — — — — 66 72 82
Shares
— — — — — — — 8.32 8.32 14.05
PE Ratio
— — — — — — — 0.00 1.73 3.19
PS Ratio
— — — — — — — 0.00 2.07 3.14
PB Ratio
— — — — — — — 0.00 1.64 2.70
EV/Sales
— — — — — — — 0.00 7.02 9.88
EV/FCF
— — — — — — — 12 34 53
Op' Cash Flow
— — — — — — — (5) (13) (12)
Capex
— — — — — — — 8 22 41
FCF
— — — — — — — 7 11 83
Working Cap'
— — — — — — — 11 7 —
Total Debt
— — — — — — — 9 (8) (77)
Net Debt
— — — — — — — 21 77 151
Sh' Equity
— — — — — — — 0.00% 25.73% 21.39%
ROA
— — — — — — — 20.82% 30.36% 45.30%
ROIC
— — — — — — — 0.00% 39.27% 29.64%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Mako Mining Corp. (MAKO) key facts

  • Mako Mining Corp.’s revenue for fiscal 2025 (year ended December 2025) was $148.5 million, up 61.2% from fiscal 2024.
  • Net income was $33.7 million, or $0.41 per share (basic), a net margin of 22.7%.
  • As of September 25, 2026, MAKO traded at $9.98, a market capitalization of $879.6 million.
  • At that price the stock trades at 16.5× trailing-twelve-month earnings and 4.2× sales.
  • Return on equity was 29.6% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Mako Mining Corp. (MAKO) Latest News

News by impact score

Fine-tune

14 Sep

4

Mako Mining announces non-binding LOI to enter gold purchase agreement with Sailfish Royalty, aiming to reduce cost of capital, support shareholder returns and fund accretive acquisitions. Non-binding gold purchase agreement lowers Mako Mining's financing costs and enables growth via acquisitions.

11 Sep

3

Mako Mining Corp. signed a mineral agreement for its gold project in Guyana. The agreement advances development of the Guyana gold project.

10 Sep

4

Mako Mining Corp. secured a mineral agreement with the Government of Guyana for the Eagle Mountain Gold Project. Agreement advances the Eagle Mountain project and supports expanded operations with positive effects on future performance.

14 Aug

4

Mako Mining Corp. reported Q2 2026 financial results with adjusted EBITDA of US$31.7 million and EPS of US$0.16 per share. Strong quarterly EBITDA and positive EPS signal robust performance likely to drive significant gains in valuation and investor sentiment.

4

Mako Mining Corp. (MAKO) reported Q2 2026 results with Adjusted EBITDA of US$31.7 million and EPS of US$0.16 per share. Strong quarterly EBITDA and EPS directly lift financial outlook and investor sentiment for the company.

15 Jul

3

Mako Mining achieved record gold sales of 14,610 ounces in Q2 2026, generating approximately US$63 million in revenue and maintaining a US$112 million cash and securities balance. Record quarterly gold sales and robust liquidity strengthen near-term financial position and investor sentiment without fundamentally reshaping long-term strategy.

7 Jul

4

Mako Mining reports proven and probable mineral reserves of 598 Koz Au and 6.30 Moz Ag grading 0.327 g/t Au and 3.45 g/t Ag in 56.8 Mt at Moss Mine, Arizona, supporting post-tax NPV5% of US$254M and 15-year mine life at US$3500/oz Au and US$50/oz Ag. Major reserve declaration and NPV projections at Moss Mine substantially strengthen Mako Mining's production outlook and valuation.

15 May

4

Mako Mining Corp. reports Q1 2026 results with Adjusted EBITDA of US$40.1 million and EPS of US$0.26 per share. Strong Q1 2026 earnings with high EBITDA and positive EPS signal robust performance likely to boost stock value and investor sentiment.

4 May

3

Mako Mining intersected 26.98 g/t Au over 6.8 m estimated true width at Las Conchitas, extending the fully permitted mining area to over 450 m of strike. High-grade intercepts extend permitted strike length and support expanded mining operations.

15 Apr

4

Mako Mining sold 13,721 ounces of gold for $69 million in Q1. Q1 gold sales of 13,721 ounces delivered $69 million revenue directly strengthening financial results.

4

Mako Mining achieved record Q1 2026 gold production of 13,721 ounces generating approximately US$69 million in revenue while maintaining a debt-free status and holding US$96.1 million in cash. Record output plus large cash reserves strengthen balance sheet and support higher production targets.

1 Apr

4

Mako Mining reported Q4 2025 adjusted EBITDA of US$28.3 million and EPS of US$0.17 per share from 11,564 oz gold sold at US$4,313 per oz average realized price, along with full year 2025 results and corporate update. Strong Q4 earnings with elevated gold prices and robust EBITDA signal major positive effects on financial trajectory and investor sentiment.

stockrow.com/MAKO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com