Mako Mining Corp (MAKO) AI Stock Analysis

Mako Mining Corp. engages in mineral exploration and exploitation activities in Nicaragua, the United States, and Guyana, exploring primarily for gold and silver deposits. Its core asset is its 100%-owned San Albino mine, which includes the San Albino and Las Conchitas gold deposits across five mineral concessions spanning roughly 22,422 hectares within the San Albino-Murra Property in Nueva Segovia, Nicaragua. Formerly Golden Reign Resources Ltd., the company changed its name to Mako Mining Corp. in November 2018. Incorporated in 2004, the company is headquartered in Vancouver, Canada.

Mako Mining expanded revenue from $63.4M in FY2022 to $148.5M in FY2025, recording a 3-year revenue CAGR of 32.8%. Revenue grew 39.6% in FY2024 and 61.2% in FY2025. Net income increased from -$12.0M in FY2022 to $33.7M in FY2025, while gross margin climbed from 19.0% to 50.5% over the same timeframe. In the trailing twelve months ended June 30, 2026, revenue totaled $209.2M, operating margin was 38.4%, and diluted EPS stood at $0.59. For the quarter ended June 30, 2026, quarterly revenue grew 61.7% year-over-year and quarterly earnings rose 36.4%.

As of June 30, 2026, Mako Mining held $111.9M in cash and short-term investments against $41.7M in total debt, resulting in net cash of $70.2M. Total assets stood at $296.1M and shareholders' equity was $190.0M. The company shows a debt-to-equity ratio of 0.22 and a current ratio of 3.11. Operating cash flow reached $53.0M in FY2025, generating $40.7M in free cash flow after $12.3M in capital expenditures. The company deployed $1.4M toward share buybacks in FY2025.

Mako Mining trades at a trailing P/E of 15.2x and an EV/EBITDA of 8.7x, both below the US-listed Basic Materials peer group medians of 19.7x and 10.5x, respectively. Its forward P/E of 15.0x and price-to-sales of 3.8x sit above the peer medians of 13.4x and 1.8x. MAKO has a market cap of $786.7M and an enterprise value of $833.0M. Over the trailing 1-year period, MAKO returned 54.8%, outperforming the S&P 500 (SPY) return of 16.8%. Over 5 years, the stock gained 189.7% compared to 83.0% for the S&P 500.

Wall Street revenue estimates for the next fiscal year ending in 2027 stand at $370.4M, representing expected revenue growth of 0.4%. Revenue estimate for the current fiscal year ending December 31, 2026 is $0. The company's next earnings report is scheduled for November 12, 2026. Institutional investors hold 52.7% of the shares, while insider ownership accounts for 2.5%.

This page is an AI-written research summary of Mako Mining Corp (MAKO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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