Mako Mining (OTCPK:MAKO.F) - Stock Price, News & Analysis

MAKO.F Stock Overview

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

MAKO.F 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

Significant insider selling over the past 3 months

Has a high level of debt

Mako Mining Corp. Competitors

Fortitude Gold

OTCPK:FTCO

US$118.6m

McEwen Mining

NYSE:MUX

US$537.1m

DRDGOLD

NYSE:DRD

US$681.4m

Polymetal International

OTCPK:AUCO.Y

US$899.9m

Price History & Performance

Summary of all time highs, changes and price drops for Mako Mining
Historical stock prices
Current Share Price	CA$2.39
52 Week High	CA$2.46
52 Week Low	CA$0.85
Beta	0.73
1 Month Change	23.96%
3 Month Change	27.41%
1 Year Change	53.21%
3 Year Change	-25.57%
5 Year Change	208.79%
Change since IPO	-72.31%

Recent updates

Shareholder Returns

	MAKO.F	US Metals and Mining	US Market
7D	1.7%	-0.7%	-3.2%
1Y	53.2%	17.3%	19.3%

Return vs Industry: MAKO.F exceeded the US Metals and Mining industry which returned 17.3% over the past year.

Return vs Market: MAKO.F exceeded the US Market which returned 19.3% over the past year.

Price Volatility

Is MAKO.F's price volatile compared to industry and market?
MAKO.F volatility
MAKO.F Average Weekly Movement	9.5%
Metals and Mining Industry Average Movement	8.1%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.5%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: MAKO.F's weekly volatility (9%) has been stable over the past year.

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?
MAKO.F fundamental statistics
Market cap	US$154.17m
Earnings (TTM)	US$6.80m
Revenue (TTM)	US$65.95m

23.1x

P/E Ratio

2.4x

P/S Ratio

Is MAKO.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAKO.F 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 MAKO.F perform over the long term?

See historical performance and comparison

MAKO.F Stock Overview

Rewards

Risk Analysis

Mako Mining Corp. Competitors

OTCPK:FTCO

US$118.6m

NYSE:MUX

US$537.1m

NYSE:DRD

US$681.4m

OTCPK:AUCO.Y

US$899.9m

Price History & Performance

Recent News & Updates

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

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

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

Recent updates

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

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

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

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

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

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

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

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

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

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

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

Mako Mining Corp. Reports Grade and Tonnage Results from Mining of the Second Full Bench of the San Albino Vein At Its San Albino Gold Project

Mako Mining Reports Results of an Updated Mineral Resource Estimate for San Albino

Mako Mining Announces Favorable Metallurgical Test Results from the Historical Dumps At San Albino, with Gold Recoveries of 96.4% Which Includes Gravity Recoveries of 48.1%

Mako Mining Corp. announced that it expects to receive CAD 28.4 million in funding from Wexford Capital LP

Mako Mining Corp. Reports Mining Results for the San Albino Gold Project

Mako Mining Corp. Report Results from Reconnaissance Exploration Program