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

GQR0 Stock Overview

Operates as a gold mining and exploration company in Nicaragua. More details

GQR0 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	5/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (7.8x) is below the German market (15.8x)

Became profitable this year

Risk Analysis

Shareholders have been diluted in the past year

Volatile share price over the past 3 months compared to the German market

Mako Mining Corp. Competitors

Eisen- und Hüttenwerke

DB:EIS

€200.6m

H&R GmbH KGaA

XTRA:2HRA

€121.7m

Nabaltec

XTRA:NTG

€123.2m

Uzin Utz

XTRA:UZU

€243.1m

Price History & Performance

Summary of all time highs, changes and price drops for Mako Mining
Historical stock prices
Current Share Price	CA$2.00
52 Week High	CA$2.58
52 Week Low	CA$1.19
Beta	0.61
11 Month Change	1.52%
3 Month Change	-8.26%
1 Year Change	53.85%
33 Year Change	-22.48%
5 Year Change	56.25%
Change since IPO	300.00%

Recent updates

Shareholder Returns

	GQR0	DE Metals and Mining	DE Market
7D	2.0%	-0.8%	-1.5%
1Y	53.8%	-26.9%	7.9%

Return vs Industry: GQR0 exceeded the German Metals and Mining industry which returned -26.9% over the past year.

Return vs Market: GQR0 exceeded the German Market which returned 7.9% over the past year.

Price Volatility

Is GQR0's price volatile compared to industry and market?
GQR0 volatility
GQR0 Average Weekly Movement	8.8%
Metals and Mining Industry Average Movement	11.7%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.0%
10% least volatile stocks in DE Market	2.4%

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

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	€163.12m
Earnings (TTM)	€20.91m
Revenue (TTM)	€79.91m

7.8x

P/E Ratio

2.0x

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$84.66m
Cost of Revenue	US$32.73m
Gross Profit	US$51.94m
Other Expenses	US$29.78m
Earnings	US$22.16m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.28
Gross Margin	61.34%
Net Profit Margin	26.17%
Debt/Equity Ratio	22.9%

How did GQR0 perform over the long term?

See historical performance and comparison

GQR0 Stock Overview

Rewards

Risk Analysis

Mako Mining Corp. Competitors

DB:EIS

€200.6m

XTRA:2HRA

€121.7m

XTRA:NTG

€123.2m

XTRA:UZU

€243.1m

Price History & Performance

Recent News & Updates

Now 20% overvalued after recent price rise

Investor sentiment improves as stock rises 16%

Now 21% overvalued after recent price rise

Mako Mining Corp Intersects 22.88 G/T Au over 4.6 M (Estimated True Width) at Las Conchitas

Mako Mining Corp Intersects 22.88 G/T Au over 4.6 M (Estimated True Width) at Las Conchitas

Investor sentiment improves as stock rises 17%

Recent updates

Now 20% overvalued after recent price rise

Investor sentiment improves as stock rises 16%

Now 21% overvalued after recent price rise

Mako Mining Corp Intersects 22.88 G/T Au over 4.6 M (Estimated True Width) at Las Conchitas

Mako Mining Corp Intersects 22.88 G/T Au over 4.6 M (Estimated True Width) at Las Conchitas

Investor sentiment improves as stock rises 17%

Mako Mining Corp. Provides Additional Exploration Results from the 2024 Reverse Circulation Drill Program in the Las Conchitas Area

Now 21% overvalued

Second quarter 2024 earnings released: EPS: US$0.14 (vs US$0.04 loss in 2Q 2023)

Mako Mining Intersects 23.84 g/t Au and 12.1 g/t Ag over 4.2m (Estimated True Width) and 36.88 g/t Au and 53.2 g/t Ag over 4.0m (ETW) at Las Conchitas

Mako Mining Intersects 23.84 g/t Au and 12.1 g/t Ag over 4.2m (Estimated True Width) and 36.88 g/t Au and 53.2 g/t Ag over 4.0m (ETW) at Las Conchitas

Now 21% undervalued after recent price drop

Chief Operating Officer recently sold €270k worth of stock

Mako Mining Corp., Annual General Meeting, Sep 30, 2024

New minor risk - Shareholder dilution

Mako Mining Corp. (TSXV:MKO) completed the acquisition of Goldsource Mines Inc. (TSXV:GXS).

Mako Mining Corp. (TSXV:MKO) completed the acquisition of Goldsource Mines Inc. (TSXV:GXS).

Now 23% undervalued

First quarter 2024 earnings released: EPS: US$0.081 (vs US$0.021 in 1Q 2023)

Investor sentiment improves as stock rises 15%

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