Mako Mining Corp.

Mako Mining Corp.

MAKOF
Mako Mining Corp.US flagOther OTC
6.38
USD
-0.03
- -
555.12MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
0.33
0.02
0.54
0.96
1
1.28
1.82
2.25
Basic EPS, GAAP
-0.21
-0.09
-0.06
-0.03
-0.06
-0.15
-1.06
-0.2
0.15
-0.18
0.1
0.27
0.41
0.58
Free Cash Flow per Basic Share
-0.11
-0.06
-0.07
-0.03
-0.03
-0.14
-0.29
-0.15
-0.09
0.25
0.19
0.48
0.65
0.8
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.87
1.62
1.32
1.36
0.04
-0.15
-0.59
0.03
0.19
- -
0.1
0.8
1.61
1.89
Tangible Book Value per Share
2.57
2.32
2
2.04
0.37
0.2
-0.33
0.27
0.39
0.21
0.31
1.07
1.84
2.11
Basic Weighted Avg Shares
7
9
12
13
18
20
24
62
66
66
66
72
82
83
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
8
1
35
63
66
92
148
185
Operating Margin (%)
- -
- -
- -
- -
- -
- -
-100.52
-812.59
0.31
-8.85
18.67
37.23
36.54
40.5
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
7
20
13
8
8
9
Net Income, GAAP
-1
-1
-1
- -
-1
-3
-25
-12
10
-12
7
19
34
47
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
4.79
- -
23.46
34.74
38.31
38.71
Profit Margin (%)
- -
- -
- -
- -
- -
- -
-318.08
-867.6
28.07
-18.9
10.31
20.8
22.72
25.62
Working Capital
- -
- -
- -
1
2
-1
-6
-13
- -
-3
7
11
83
93
LT Debt
- -
- -
- -
- -
- -
- -
- -
15
17
13
8
5
- -
29
Total Equity
18
21
23
26
7
4
-8
17
26
14
21
77
151
174
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
0.23
- -
30.66
37.32
26.48
29.84
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
42.36
- -
44.71
47.82
35.03
37.18
Return on Common Equity (%)
-12.11
-6.12
-4.5
-2.27
-11.87
- -
- -
- -
139.89
-187.39
196.13
59.37
35.64
42.48

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
5
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
80
87
88
Market Capitalization
646
634
733

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
56
112
135
Cash, Cash Equivalents & STI
30
78
94
Accounts Receivable, Net
1
- -
3
Inventories
23
29
33
Total Current Liabilities
20
29
42
Payables & Accruals
19
28
28
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-28.64%
85.19%
95.95%
Free Cash Flow
45.16%
-42.07%
53.77%
Net Income, GAAP
70.19%
-60.25%
76.17%
Sales/Revenue/Turnover
- -
524.52%
61.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
19
28
16
29
92
2025
32
39
28
50
148
2026
69
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.13
- -
- -
0.27
2025
0.12
0.11
0.01
- -
0.41
2026
0.26
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Akiba Jacob-Issachar Leisman
Full Time Employees
30
Sector
Basic Materials
Industry
Gold
Address
838 West Hastings Street Vancouver BC Canada V6C 0A6
IPO Date
Feb 3, 2012
Business
Mako Mining Corp. Mako Mining Corp. engages in gold mining, development, and exploration primarily through its high-grade San Albino open pit gold mine located in Nueva Segovia, Nicaragua, which ranks among the world's highest-grade operations; the company also advances the PEA-stage Eagle Mountain Gold Project in Guyana featuring significant saprolite and shallow mineralization supported by ongoing engineering, geotechnical drilling, hydrogeology, and environmental studies aimed at environmental permitting in the second half of 2025; and pursues additional opportunities including the permitted Moss Mine in Arizona with mining commencement anticipated in the fourth quarter of 2025 and a proposed acquisition of the Mt. Hamilton gold-silver project in Nevada from Sailfish Royalty Corp. via a binding term sheet announced in September 2025, encompassing a stream and 2% net smelter return royalty without equity dilution, alongside a prospective tungsten-copper-molybdenum target below the primary mineralization backed by over 100,000 feet of historical drilling. The company employs industry-standard reverse circulation drilling, milling, and recovery processes with rigorous quality assurance and quality control protocols across its approximately 188 square kilometer district-scale land package in Nicaragua, which hosts over 28 kilometers of orogenic-style gold mineralization identified through extensive drilling programs. Incorporated in 2004 and formerly known as Golden Reign Resources Ltd. until its name change in November 2018, Mako Mining Corp. maintains headquarters in Vancouver, British Columbia, Canada, and operates across Nicaragua, Guyana, the United States, with a management team experienced in exploration discoveries, mine construction, and phased development in the Americas; recent strategic moves include the July 2024 acquisition of Goldsource Mines Inc. integrating the Eagle Mountain project and a share repurchase program under its normal course issuer bid to return capital to shareholders.

Company News

APIChat
  • Mako Mining: The Re-Rating Has Just Begun

  • Mako Mining Reports Q1 2026 Financial Results, Including Adjusted EBITDA(1) of US$40.1 Million and EPS of US$0.26/Share

  • Mako Mining Intersects 26.98 g/t Au over 6.8 m Estimated True Width at Las Conchitas, Extending an Area Fully Permitted for Mining to Over 450 m of Strike

  • Mako Mining Announces Q1 2026 Production Results with Record Production of 13,721 Au oz., Revenue of ~US$69 Million, Debt Free and Cash Position of US$96.1 Million

  • Mako Mining Receives Approval to List on NASDAQ

  • Mako Mining Completes Acquisition of Mt. Hamilton in Nevada

  • Mako Mining: Getting A Nevada Gold Mine For Free

  • Mako Mining Files Technical Report for Moss Mine Mineral Resource Estimate

  • Mako Mining Shareholders Overwhelmingly Approve the Mt. Hamilton Acquisition

  • Mako Mining Announces Amended and Restated Definitive Agreements for Restructure of Mt. Hamilton Acquisition Consideration and Filing of Supplement to Management Information Circular

  • Mako Mining Announces Intention to Restructure the Mt. Hamilton Acquisition Consideration and Postponement of Special Meeting of Shareholders to New Meeting Date of March 3, 2026

  • Mako Mining Reports Updated Mineral Resource Estimate for the Moss Mine in Arizona Consisting of Measured and Indicated Resources of 646,000 Ounces of Gold with a Grade of 0.35 g/t and 6.8 million Ounces of Silver with a Grade of 3.71 g/t and Inferred Resources of 122,000 Ounces of Gold with a Grade

  • Mako Mining Announces Q4 2025 Production Results Generating Record Gold Revenue of Approximately US$ 50 million, Year End Cash Balance of US$ 78.1 million and Full Repayment of Debt

  • Mako Mining Intersects 18.34 g/t Au over 4.2 m Estimated True Width, 48 m Below Surface, Extending El Golfo Strike Length to 630 m and Announces Receipt of Underground Mining Permit at Las Conchitas

  • Mako Mining Announces Normal Course Issuer Bid Accepted by TSX Venture Exchange

  • Mako Mining Enters Into a Definitive Purchase and Sale Agreement to Acquire the Mt. Hamilton Gold-Silver Project in Nevada from Sailfish Royalty

  • Mako Mining Runs Towards Robust Cash Flow, Exuding Optimism Regarding Long-Term Growth

  • Mako Mining Reports Q3 2025 Financial Results, Current Cash Balance of Approximately US$ 66.0 Million, Debt Free and On Track for a Record Q4 2025

  • Mako Mining Announces Closing of C$40.25 Million Bought Deal Private Placement of Common Shares and Concurrent C$15 Million Non-Brokered Private Placement of Common Shares

  • Mako Mining Announces Proposed Acquisition of the Permitted Mt. Hamilton Gold-Silver Project in Nevada Along with a Well-Defined Tungsten-Copper-Molybdenum Target, Marking the Company's First Foray Into USA Domiciled Critical Metals Without Any Equity Dilution