| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
MKO Stock Overview
Mako Mining Corp. operates as a gold mining and exploration company in Nicaragua.
Rewards
Risk Analysis
No risks detected for MKO from our risk checks.
Mako Mining Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.23 |
| 52 Week High | CA$0.43 |
| 52 Week Low | CA$0.21 |
| Beta | 0.17 |
| 1 Month Change | -2.17% |
| 3 Month Change | -23.73% |
| 1 Year Change | -37.50% |
| 3 Year Change | 87.50% |
| 5 Year Change | -13.46% |
| Change since IPO | -42.31% |
Recent News & Updates
Mako Mining (CVE:MKO) Seems To Use Debt Quite Sensibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Shareholder Returns
| MKO | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | -10.0% | -0.3% | 1.3% |
| 1Y | -37.5% | -10.0% | 3.3% |
Return vs Industry: MKO underperformed the Canadian Metals and Mining industry which returned -13.2% over the past year.
Return vs Market: MKO underperformed the Canadian Market which returned 2.1% over the past year.
Price Volatility
| MKO volatility | |
|---|---|
| MKO Average Weekly Movement | 7.5% |
| Metals and Mining Industry Average Movement | 11.4% |
| Market Average Movement | 10.5% |
| 10% most volatile stocks in CA Market | 18.9% |
| 10% least volatile stocks in CA Market | 4.2% |
Stable Share Price: MKO is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: MKO's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | n/a | Akiba Leisman | https://www.makominingcorp.com |
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.
Mako Mining Fundamentals Summary
| MKO fundamental statistics | |
|---|---|
| Market Cap | CA$147.89m |
| Earnings (TTM) | -CA$33.59k |
| Revenue (TTM) | CA$77.55m |
1.9x
P/S Ratio-5,805x
P/E RatioIs MKO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MKO income statement (TTM) | |
|---|---|
| Revenue | US$60.02m |
| Cost of Revenue | US$27.16m |
| Gross Profit | US$32.87m |
| Other Expenses | US$32.90m |
| Earnings | -US$26.00k |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.00003 |
| Gross Margin | 54.76% |
| Net Profit Margin | -0.043% |
| Debt/Equity Ratio | 78.0% |
How did MKO perform over the long term?
See historical performance and comparisonValuation
Is MKO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MKO?
Other financial metrics that can be useful for relative valuation.
| What is MKO's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$114.48m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.1x |
| Enterprise Value/EBITDA | 6.8x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does MKO's PS Ratio compare to its peers?
| MKO PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1.1x | ||
DNG Dynacor Group | 0.4x | n/a | CA$122.2m |
MND Mandalay Resources | 0.8x | n/a | CA$238.9m |
RBX Robex Resources | 1.8x | n/a | CA$195.4m |
JAG Jaguar Mining | 1.2x | 3.4% | CA$242.8m |
MKO Mako Mining | 1.9x | n/a | CA$147.9m |
Price-To-Sales vs Peers: MKO is expensive based on its Price-To-Sales Ratio (1.9x) compared to the peer average (1.1x).
Price to Earnings Ratio vs Industry
How does MKO's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Sales vs Industry: MKO is good value based on its Price-To-Sales Ratio (1.9x) compared to the Canadian Metals and Mining industry average (2.2x)
Price to Sales Ratio vs Fair Ratio
What is MKO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 1.9x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate MKO's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MKO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate MKO's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate MKO's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Mako Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
12.0%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mako Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Take a look at our analysis of MKO’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Mako Mining competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Mako Mining performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
15.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MKO is currently unprofitable.
Growing Profit Margin: MKO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MKO is unprofitable, but has reduced losses over the past 5 years at a rate of 15.2% per year.
Accelerating Growth: Unable to compare MKO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MKO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-16%).
Return on Equity
High ROE: MKO has a negative Return on Equity (-0.12%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Mako Mining's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: MKO's short term assets ($14.1M) do not cover its short term liabilities ($27.7M).
Long Term Liabilities: MKO's short term assets ($14.1M) exceed its long term liabilities ($3.1M).
Debt to Equity History and Analysis
Debt Level: MKO's net debt to equity ratio (66.5%) is considered high.
Reducing Debt: Insufficient data to determine if MKO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MKO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MKO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.8% per year.
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Dividend
What is Mako Mining current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MKO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MKO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MKO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MKO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as MKO has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Akiba Leisman (45 yo)
3.42yrs
Tenure
US$542,043
Compensation
Mr. Akiba Jacob Issachar Leisman has been the Executive Chairman and Director of Sailfish Royalty Corp. since October 26, 2020. Mr. Leisman co-founded Sailfish in 2014 and served as its Chief Executive Off...
CEO Compensation Analysis
Compensation vs Market: Akiba's total compensation ($USD542.04K) is above average for companies of similar size in the Canadian market ($USD185.51K).
Compensation vs Earnings: Akiba's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: MKO's management team is considered experienced (2.5 years average tenure).
Board Members
Experienced Board: MKO's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MKO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Mako Mining Corp.'s employee growth, exchange listings and data sources
Key Information
- Name: Mako Mining Corp.
- Ticker: MKO
- Exchange: TSXV
- Founded: 2004
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$147.894m
- Shares outstanding: 657.31m
- Website: https://www.makominingcorp.com
Location
- Mako Mining Corp.
- 838 West Hastings Street
- Suite 700
- Vancouver
- British Columbia
- V6C 0A6
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/18 00:00 |
| End of Day Share Price | 2022/08/18 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.