Company Overview
Mako Mining Corp. engages in mineral exploration and exploitation activities in Nicaragua, the United States, and Guyana. The company explores for gold and silver deposits. Its primary asset is its 100%-owned San Albino mine comprising the San Albino and the Las Conchitas gold deposits, which consist of five mineral concessions covering an area of approximately 22,422 hectares located within the San Albino-Murra Property in Nueva Segovia, Nicaragua. The company was formerly known as Golden Reign Resources Ltd. and changed its name to Mako Mining Corp. in November 2018. Mako Mining Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada.
Why Investors Should Care
Generates a return on equity of 36.6%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 30.2%.
Revenue has grown at a 32.8% CAGR over the past five years.
Trades at a P/E of 17.2, below the sector median of 22.2.
Maintains a net profit margin of 25.1%.
Carries low leverage with a debt-to-equity ratio of 0.22.
Recent Developments
- Dec 2025 Revenue of $148.47M (+61.2% YoY); net profit $33.74M.
- Trailing 12 Months Year-on-year growth — revenue +61.7%, earnings +36.4%.
- 5-Year Trend Long-term compounding — revenue CAGR 32.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 32.81% |
| 1 Year: | 61.70% |
Compounded Profit Growth
| 5 Years: | - |
| 1 Year: | 36.40% |
Stock Price Performance
| 1 Year: | +136.92% |
| 6 Months: | +34.13% |
| 3 Months: | +37.03% |
| 1 Month: | +6.29% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)56.41 · Neutral
P/E of 17.19 is below the sector median of 22.16 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 36.6%.
- Healthy ROCE of 30.2%.
- Excellent profit margin of 25.1%.
- Compounding revenue at 32.8% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MAKO Mako Mining Corp. | 10.14 | 17.19 | $888.32M | 0.00% | 30.21% | 36.63% | 32.81% | - |
| 2 | LIN Linde plc NDXSPXR3K | 468.38 | 30.22 | $215.91B | 1.40% | 12.46% | 18.40% | 13.90% | 18.47% |
| 3 | SCCO Southern Copper Corporation R3K | 208.56 | 31.27 | $176.10B | 2.24% | 36.40% | 49.90% | 8.32% | 3.80% |
| 4 | NEM Newmont Corporation SPXR3K | 127.09 | 16.01 | $133.91B | 0.84% | - | 25.91% | 6.53% | 20.15% |
| 5 | RIO Rio Tinto Group | 103.83 | 14.07 | $130.27B | 4.78% | 13.65% | 19.31% | 1.24% | -7.00% |
| 6 | FCX Freeport-McMoRan Inc. SPXR3K | 76.62 | 37.56 | $110.03B | 0.78% | 12.50% | 14.75% | 1.35% | -1.26% |
| 7 | AEM Agnico Eagle Mines Limited | 201.84 | 17.27 | $102.20B | 0.88% | 19.78% | 22.97% | 27.53% | 88.11% |
| 8 | SHW The Sherwin-Williams Company SPXR3K | 326.09 | 30.05 | $79.16B | 1.00% | 21.93% | 65.12% | 6.18% | 8.26% |
| 9 | ECL Ecolab Inc. SPXR3K | 278.11 | 37.33 | $77.96B | 1.05% | 15.10% | 21.96% | 6.55% | 9.74% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | - | 31.79M | 38.72M | 27.57M | 50.39M | 68.59M |
| Cost of Revenue | - | 15.01M | 19.73M | 18.14M | 20.52M | 27.25M |
| Gross Profit | - | 16.78M | 18.99M | 9.44M | 29.88M | 41.35M |
| Operating Expenses | - | 3.29M | 5.00M | 5.77M | 6.77M | 7.07M |
| Operating Income | - | 13.50M | 13.98M | 3.67M | 23.10M | 34.27M |
| EBITDA | - | 14.38M | 18.52M | 6.10M | 24.93M | 38.08M |
| Interest Expense | - | 226.00K | 230.00K | 229.00K | 327.00K | 120.00K |
| Pretax Income | - | 12.47M | 15.80M | 4.24M | 22.19M | 35.22M |
| Tax Provision | - | 3.05M | 6.98M | 3.04M | 7.89M | 12.07M |
| Net Income | - | 9.42M | 8.82M | 1.20M | 14.30M | 23.15M |
| Diluted EPS | - | 0.12 | 0.11 | 0.01 | - | 0.26 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 63.38M | 65.95M | 92.08M | 148.47M |
| Cost of Revenue | - | 51.34M | 41.94M | 45.69M | 73.45M |
| Gross Profit | - | 12.04M | 24.00M | 46.38M | 75.02M |
| Operating Expenses | - | 17.64M | 11.69M | 12.11M | 20.76M |
| Operating Income | - | -5.61M | 12.31M | 34.28M | 54.26M |
| EBITDA | - | 12.25M | 23.31M | 37.83M | 63.93M |
| Interest Expense | - | 1.68M | 937.00K | 777.00K | 1.01M |
| Pretax Income | - | -9.88M | 8.88M | 29.35M | 54.70M |
| Tax Provision | - | 2.10M | 2.08M | 10.20M | 20.96M |
| Net Income | - | -11.98M | 6.80M | 19.15M | 33.74M |
| Diluted EPS | - | -0.18 | 0.10 | 0.26 | 0.41 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 45.17M | 41.81M | 107.08M | 208.44M |
| Current Assets | - | 12.90M | 16.71M | 27.37M | 111.72M |
| Cash & Equivalents | - | 523.00K | 1.50M | 14.52M | 77.28M |
| Inventory | - | 9.97M | 13.85M | 11.09M | 29.18M |
| Receivables | - | 1.10M | 304.00K | 321.00K | 251.00K |
| Total Liabilities | - | 31.50M | 21.18M | 30.16M | 57.71M |
| Current Liabilities | - | 16.16M | 9.66M | 16.60M | 28.85M |
| Long Term Debt | 17.38M | 12.27M | 7.52M | 4.81M | - |
| Total Debt | - | 15.76M | 10.92M | 6.78M | 69.00K |
| Total Equity | - | 13.67M | 20.63M | 76.92M | 150.73M |
| Shares Outstanding | - | 65.74M | 65.55M | 79.25M | 87.01M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 16.38M | 12.47M | 34.45M | 52.98M |
| Investing Cash Flow | - | -8.80M | -4.76M | -13.19M | -20.34M |
| Financing Cash Flow | - | -8.99M | -6.75M | -8.23M | 30.07M |
| Capital Expenditure | - | -8.80M | -4.76M | -12.88M | -12.32M |
| Free Cash Flow | - | 7.58M | 7.71M | 21.57M | 40.66M |
| Net Change in Cash | - | -1.41M | 955.00K | 13.03M | 62.71M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 19.0% | 36.4% | 50.4% | 50.5% |
| Operating Margin % | - | -8.8% | 18.7% | 37.2% | 36.5% |
| Net Margin % | - | -18.9% | 10.3% | 20.8% | 22.7% |
| ROE % | - | -87.6% | 33.0% | 24.9% | 22.4% |
| ROCE % | - | -19.3% | 38.3% | 37.9% | 30.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Wexford Capital LP | 45.78% | 40.11M | $422.75M |
| 2 | Acadian Asset Management. LLC | 1.43% | 1.25M | $13.21M |
| 3 | Bank of America Corporation | 0.72% | 632.42K | $6.67M |
| 4 | LPL Financial LLC | 0.69% | 600.66K | $6.33M |
| 5 | Morgan Stanley | 0.52% | 453.98K | $4.78M |
| 6 | Millennium Management Llc | 0.23% | 199.06K | $2.10M |
| 7 | Diametric Capital, Lp | 0.19% | 170.38K | $1.80M |
| 8 | Hillsdale Investment Management Inc. | 0.13% | 111.00K | $1.17M |
| 9 | U.S. Global Investors, Inc. | 0.11% | 100.00K | $1.05M |
| 10 | Walleye Capital LLC | 0.09% | 77.46K | $816.39K |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for MAKO
Mako Mining files a new technical report for its Arizona gold mine - Stock Titan
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Mako Mining Corp. Rings the Nasdaq Stock Market Closing Bell - Nasdaq
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Mako Mining Stock: Getting A Nevada Gold Mine For Free (TSXV:MKO:CA) - Seeking Alpha
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Mako Mining Receives Approval to List on NASDAQ - finance.yahoo.com
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MAKO - Mako Mining Corp Stock Price and Quote - Finviz
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Mako Mining (MAKO) Short Interest & Short Float | Updated Sep 2026 - marketbeat.com
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MAKO — Frequently Asked Questions
What is the current share price of Mako Mining Corp. (MAKO)?
As of 2026-09-19 21:16 PDT, Mako Mining Corp. (MAKO) trades at $10.14 on NasdaqCM. Its 52-week range is $4.21 to $11.07.
What is the market capitalisation of MAKO?
Mako Mining Corp. (MAKO) has a market capitalisation of $888.32M on NasdaqCM.
What is the P/E ratio of MAKO?
MAKO trades at a trailing price-to-earnings (P/E) ratio of 17.19. The industry average P/E is 22.16. Its price-to-book (P/B) ratio is 4.85.
What is the return on equity (ROE) of MAKO?
MAKO has a return on equity (ROE) of 36.63%. Its return on capital employed (ROCE) is 30.21%.
Is MAKO a good stock to buy?
This page provides a data-driven analysis of Mako Mining Corp. (MAKO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.