Mako Mining Corp. (V:MKO)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | 838 West Hastings St., Suite 700 VANCOUVER BC V6C 0A6 |
| Tel: | N/A |
| Website: | https://makominingcorp.com |
| IR: | See website |
| Key People | ||
| Akiba Leisman Chief Executive Officer, Director | Maria Milagros Paredes Chief Financial Officer, Corporate Secretary | Jesse Munoz Chief Operating Officer | Paolo Durand Vice President - Corporate Development |
| Business Overview |
| Mako Mining Corp. is a Canada-based gold mining, development and exploration company. The Company holds 100% of four mineral concessions in Nueva Segovia, Nicaragua for a total land package of approximately 18,817 hectares. The San Albino gold deposit, located within the San Albino-Murra Property mine is in Nueva Segovia, Nicaragua. Its San Albino gold project is an open pit development project located in Nueva Segovia, Nicaragua, approximately 173 kilometers north of Managua and accessible through a paved highway. Its Las Conchitas area is located approximately 2.5 kilometers south of its high-grade San Albino Gold Deposit and is situated near the southern end of the Corona de Oro Gold Belt. Its subsidiaries include Gold Belt, S.A., Marlin Gold Mining Ltd., Marlin Gold Trading Inc., Nicoz Resources, S.A. and Oro Gold de Mexico, S.A. de C.V. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Mako Mining Corp revenues increased 4% to $65.9M. Net income totaled $6.8M vs. loss of $12M. Revenues reflect Production services revenue increase of 16% to $516K. Net Income reflects Exploration and evaluation expenses decrease of 62% to $4.4M (expense), Consulting fees decrease of 79% to $37K (expense), Investor relations and communications decrease of 46% to $157K (expense). |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $248.94M as of Dec 31, 2023 |
| Annual revenue (TTM): | $89.81M as of Dec 31, 2023 |
| EBITDA (TTM): | $40.29M as of Dec 31, 2023 |
| Net annual income (TTM): | $9.26M as of Dec 31, 2023 |
| Free cash flow (TTM): | $10.50M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $12.84M as of Dec 31, 2023 |
| Shares outstanding: | 65,768,383 as of Apr 15, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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