company background image
MKO

Mako Mining TSXV:MKO Stock Report

Last Price

CA$0.24

Market Cap

CA$161.0m

7D

-3.9%

1Y

-29.0%

Updated

10 Aug, 2022

Data

Company Financials
MKO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends0/6

MKO Stock Overview

Mako Mining Corp. operates as a gold mining and exploration company in Nicaragua.

Mako Mining Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mako Mining
Historical stock prices
Current Share PriceCA$0.24
52 Week HighCA$0.43
52 Week LowCA$0.21
Beta0.17
1 Month Change2.08%
3 Month Change-18.33%
1 Year Change-28.99%
3 Year Change104.17%
5 Year Change4.26%
Change since IPO-37.18%

Recent News & Updates

Jun 03
Mako Mining (CVE:MKO) Seems To Use Debt Quite Sensibly

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

MKOCA Metals and MiningCA Market
7D-3.9%7.6%1.9%
1Y-29.0%-14.4%-1.1%

Return vs Industry: MKO underperformed the Canadian Metals and Mining industry which returned -14.3% over the past year.

Return vs Market: MKO underperformed the Canadian Market which returned -2% over the past year.

Price Volatility

Is MKO's price volatile compared to industry and market?
MKO volatility
MKO Average Weekly Movement7.4%
Metals and Mining Industry Average Movement11.9%
Market Average Movement10.8%
10% most volatile stocks in CA Market19.4%
10% least volatile stocks in CA Market4.3%

Stable Share Price: MKO is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MKO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aAkiba Leismanhttps://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

How do Mako Mining's earnings and revenue compare to its market cap?
MKO fundamental statistics
Market CapUS$126.18m
Earnings (TTM)US$1.00m
Revenue (TTM)US$48.21m

126.3x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MKO income statement (TTM)
RevenueUS$48.21m
Cost of RevenueUS$21.43m
Gross ProfitUS$26.79m
Other ExpensesUS$25.79m
EarningsUS$1.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.0015
Gross Margin55.56%
Net Profit Margin2.07%
Debt/Equity Ratio72.4%

How did MKO perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MKO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings 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.

MKO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3x
Enterprise Value/EBITDA9.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does MKO's PE Ratio compare to its peers?

MKO PE Ratio vs Peers
The above table shows the PE ratio for MKO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.1x
MND Mandalay Resources
4.9x5.3%CA$248.1m
DNG Dynacor Group
6.6xn/aCA$124.6m
JAG Jaguar Mining
6.6xn/aCA$239.9m
RBX Robex Resources
10.3xn/aCA$192.4m
MKO Mako Mining
126.3xn/aCA$161.0m

Price-To-Earnings vs Peers: MKO is expensive based on its Price-To-Earnings Ratio (126.3x) compared to the peer average (7.1x).


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-Earnings vs Industry: MKO is expensive based on its Price-To-Earnings Ratio (126.3x) compared to the Canadian Metals and Mining industry average (10.1x)


Price to Earnings Ratio vs Fair Ratio

What is MKO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MKO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio126.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MKO's Price-To-Earnings 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.


Discover undervalued companies

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

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.4%

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

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


5.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MKO has high quality earnings.

Growing Profit Margin: MKO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MKO has become profitable over the past 5 years, growing earnings by 5% per year.

Accelerating Growth: MKO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MKO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-16.2%).


Return on Equity

High ROE: MKO's Return on Equity (4%) is considered low.


Discover strong past performing companies

Financial Health

How is Mako Mining's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MKO's short term assets ($12.3M) do not cover its short term liabilities ($25.5M).

Long Term Liabilities: MKO's short term assets ($12.3M) exceed its long term liabilities ($4.3M).


Debt to Equity History and Analysis

Debt Level: MKO's net debt to equity ratio (69.6%) is considered high.

Reducing Debt: Insufficient data to determine if MKO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MKO's debt is well covered by operating cash flow (59.6%).

Interest Coverage: MKO's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Mako Mining current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend 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 ($USD542.04K) is above average for companies of similar size in the Canadian market ($USD186.28K).

Compensation vs Earnings: Akiba's compensation has been consistent with company performance over the past year.


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$161.040m
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/10 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.