Mako Mining (DB:GQR0) - Stock Price, News & Analysis

GQR0 Stock Overview

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

GQR0 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	4/6
Financial Health	4/6
Dividends	0/6

Rewards

Became profitable this year

Risk Analysis

Volatile share price over the past 3 months

Significant insider selling over the past 3 months

Has a high level of debt

Mako Mining Corp. Competitors

Pearl Gold

DB:02P

€8.8m

Eisen- und Hüttenwerke

DB:EIS

€168.1m

H&R GmbH KGaA

XTRA:2HRA

€173.5m

Nabaltec

XTRA:NTG

€110.4m

Price History & Performance

Summary of all time highs, changes and price drops for Mako Mining
Historical stock prices
Current Share Price	CA$2.16
52 Week High	CA$2.16
52 Week Low	CA$0.76
Beta	0.73
1 Month Change	24.14%
3 Month Change	39.35%
1 Year Change	46.94%
3 Year Change	-10.00%
5 Year Change	315.38%
Change since IPO	332.00%

Recent updates

Shareholder Returns

	GQR0	DE Metals and Mining	DE Market
7D	8.5%	-6.4%	-2.5%
1Y	46.9%	-29.1%	-0.4%

Return vs Industry: GQR0 exceeded the German Metals and Mining industry which returned -29.1% over the past year.

Return vs Market: GQR0 exceeded the German Market which returned -0.4% over the past year.

Price Volatility

Is GQR0's price volatile compared to industry and market?
GQR0 volatility
GQR0 Average Weekly Movement	8.6%
Metals and Mining Industry Average Movement	5.5%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	9.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: GQR0's share price has been volatile over the past 3 months.

Volatility Over Time: GQR0's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2004	n/a	Akiba Leisman	www.makominingcorp.com

Mako Mining Corp. operates as a gold mining and exploration company in Nicaragua. Its primary asset is San Albino property located in Nueva Segovia, Nicaragua. The company was formerly known as Golden Reign Resources Ltd.

Mako Mining Corp. Fundamentals Summary

How do Mako Mining's earnings and revenue compare to its market cap?
GQR0 fundamental statistics
Market cap	€145.67m
Earnings (TTM)	€6.39m
Revenue (TTM)	€61.96m

22.9x

P/E Ratio

2.4x

P/S Ratio

Is GQR0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GQR0 income statement (TTM)
Revenue	US$65.95m
Cost of Revenue	US$29.79m
Gross Profit	US$36.16m
Other Expenses	US$29.36m
Earnings	US$6.80m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.10
Gross Margin	54.83%
Net Profit Margin	10.31%
Debt/Equity Ratio	51.7%

How did GQR0 perform over the long term?

See historical performance and comparison

GQR0 Stock Overview

Rewards

Risk Analysis

Mako Mining Corp. Competitors

DB:02P

€8.8m

DB:EIS

€168.1m

XTRA:2HRA

€173.5m

XTRA:NTG

€110.4m

Price History & Performance

Recent News & Updates

Full year 2023 earnings released: EPS: US$0.10 (vs US$0.18 loss in FY 2022)

Mako Mining Corp. (TSXV:MKO) entered into an arrangement agreement to acquire Goldsource Mines Inc. (TSXV:GXS) for CAD 33.28 million.

Mako Mining Corp. Provides an Update of Results from the Ongoing Reverse Circulation Drill Program At Las Conchitas

CEO & Director recently sold €436k worth of stock

New minor risk - Market cap size

Mako Mining Corp. Intersects 51.78 G/T Au over 3.9 M (Estimated True Width) At Las Conchitas, 62 M from Surface, Outside of Current Mineral Resource Estimate

Recent updates

Full year 2023 earnings released: EPS: US$0.10 (vs US$0.18 loss in FY 2022)

Mako Mining Corp. (TSXV:MKO) entered into an arrangement agreement to acquire Goldsource Mines Inc. (TSXV:GXS) for CAD 33.28 million.

Mako Mining Corp. Provides an Update of Results from the Ongoing Reverse Circulation Drill Program At Las Conchitas

CEO & Director recently sold €436k worth of stock

New minor risk - Market cap size

Mako Mining Corp. Intersects 51.78 G/T Au over 3.9 M (Estimated True Width) At Las Conchitas, 62 M from Surface, Outside of Current Mineral Resource Estimate

Third quarter 2023 earnings released: US$0.022 loss per share (vs US$0.11 loss in 3Q 2022)

Mako Mining Corp. Reports Updated and Extended Mineral Resource for the San Albino Project

Mako Mining Corp. Announces Record Au Production in September 2023

Mako Mining Corp. Announces Results from an Additional 68 Reverse Circulation Infill Drill Holes At Las Conchitas

Second quarter 2023 earnings released: US$0.04 loss per share (vs US$0.049 loss in 2Q 2022)

Mako Mining Corp., Annual General Meeting, Oct 13, 2023

Mako Mining Corp. Announces Additional Results from the Reverse Circulation Infill Drilling Completed at Las Conchitas

Mako Mining Corp. Announces Commencement of Las Conchitas Material Processing, and Results from the Reverse Circulation Infill Drilling Completed at Las Conchitas

New major risk - Share price stability

Mako Mining Corp. Begins Work at Las Conchitas, Processing of Material Expected in July

Mako Mining Announces A Discovery 17 Km from the San Albino Gold Mine, Intersects 41.99 G/T Au and 28.70 G/T Ag over 1.4 M (Estimated True Width), 34 M from Surface and Confirms Orogenic Deposit Type

CEO & Director recently sold €151k worth of stock

Insufficient new directors

Mako Mining Corp. Announces Resignation of Brian Szeto as Board of Directors

Mako Mining Corp. Intersects 33.91G/T Gold over 1.7M Estimated True Width At Las Conchitas Central, 12.73 G/T Au over 4.2M ETW At Las Conchitas South and Multiple High Grade Silver Intercepts Up to 3,792.0 G/T Silver over 1.0m Across Las Conchitas

Mako Mining Corp. Appoints Brian Szeto as an Independent Director

Mako Mining Intersects 98.50 G/T Au and 66.3 G/T Ag over 1.9M (Estimated True Width) 39M from Surface At the San Albino Sw Pit

Insufficient new directors

Mako Mining Corp. to Report Q2, 2023 Results on Nov 21, 2022

Mako Mining Corp. Provides Update on Its San Albino Operation in Nicaragua

Mako Mining Corp. Intersects 42.59 G/T Au over 2.1 M (Estimated True Width) At Las Conchitas North

Mako Mining Corp. Intersects 36.65 g/t Au and 29.5 g/t Ag over 3.1m (Estimated True Width) at the SW Pit

Mako Mining Corp. Reports Additional Results from its Recent Definition and Expansion Drilling Program at Las Conchitas Area on its Wholly-Owned San Albino-Murra Property

Mako Mining Corp. Reports Additional High-Grade Drill Results from an Area Adjacent to the Current Open Pit Mining Operations At the San Albino West Pit in Northern Nicaragua

Mako Mining Corp. Reports Additional Results from Its Drilling Program At Las Conchitas Area

Mako Mining Corp. Announces the Discovery of Another Gold Bearing Structure At the Las Conchitas-North Area of Its Wholly-Owned San Albino-Murra Property Located in Northern Nicaragua

Mako Mining Corp Discovers Another New Gold Bearing Vein at Las Conchitas North; Intersects 37.28 g/t of Au and 34.94 g/t of Ag over 2.5 m (Estimated True Width)

Mako Mining Corp Provides Update on One Year Anniversary Since Declaring Commercial Production

Mako Mining Corp. Intersects 42.91 g/t Au and 38.3 g/t Ag over 4.1m (Estimated True Width) in New Zone, 35.5m from Surface, 50m from Current Mining - over 530m Strike Length, Open Along Strike and Down Dip

Mako Mining Corp. Declares Second Quarter Dividend 2022, Payable July 15, 2022

Mako Mining Corp., Annual General Meeting, Jul 26, 2022

Full year 2021 earnings released: EPS: US$0.014 (vs US$0.02 loss in FY 2020)

CEO & Director recently bought €72k worth of stock

Mako Mining Corp Reports Positive Drill Results from Expansion Drilling to the Northeast and Southwest of the Current San Albino Resource

Mako Mining Corp Reports Positive Resource Reconciliation

High number of new directors

Mako Mining Corp. Announces Drilling Permits for La Segoviana and Corporate Update

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Mako Mining Provides Operating Update from its San Albino Gold Mine

Mako Mining Corp. Reports Positive Drill Results from Infill and Expansion Drilling at the Arras Zone Within its San Albino Gold Mine in Northern Nicaragua

Mako Mining Corp. Provides Regional Exploration Update, Including Further Confirmation of up to 850 Meters of Strike Potential at Las Conchitas and Multiple High-Grade Channel Samples Across Four Prospects at La Segoviana Yielding Grades of up to 82.5 g/t Gold Over 1.0 Meter

Mako Mining Corp. Provides an Operating Update from Its San Albino Gold Mine in Northern Nicaragua

Mako Mining Corp. Declares Commercial Production At Its San Albino Gold Mine

Mako Mining Provides Operating Update

Mako Mining Corp. Reports Initial Results from a Reconnaissance Exploration Program on Its Recently Granted La Segoviana Exploration and Exploitation Concession

Mako Mining Corp. Reports Positive Drill Results from Expansion Drilling At Its San Albino Gold Project ("San Albino") in Northern Nicaragua

CEO & Director recently bought €56k worth of stock

CFO & Company Secretary has left the company

Mako Mining Appoints Millie Paredes as Corporate Secretary

Mako Mining Corp. Announces Grade and Tonnage Results from Mining of the Upper Half of the Third Bench of the San Albino Vein at its San Albino Gold Project

GR Silver Mining Ltd. and Mako Mining Corp Amend Definitive Agreement date to January 31, 2021

Mako Mining Corp. Reports Drilling at Las Conchitas Hits Multiple Stacked Zones

Mako Mining Files Technical Report for Updated Mineral Resource Estimate for San Albino