Mako Mining Corp Common Stock (MAKO) Fundamental Analysis: Bull vs. Bear Case

MAKO

Mako Mining Corp Common Stock

Fundamental data last updated:August 12, 2026

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company profile

SECTOR

Basic Materials

industry

Other Precious Metals

Exchange

NASDAQ

County of HQ

CA

Next Earnings Date

08/12/2026

Business Summary

Mako Mining Corp. engages in the development and exploration of gold. It also focuses on San Albino gold project located in Nueva Segovia, Nicaragua. The company was founded on April 1, 2004 and is headquartered in Vancouver, Canada.

VALUATION

P/E

15.99 Market Cap ($M USD)

$751.30M

Forward P/E

9.50 PEG

0.14 PRICE TO SALES

4.04 PRICE TO BOOK

4.27 EV / EBITDA

8.00 5-Year Average P/E

Free Cash Flow Yield

7.03%

DCF Value

$11.90

Graham Number

$4.90

Price to FCF

14.22 EV to FCF

13.25 Earnings Yield

6.32%

FCF Yield

7.03%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$0.54

Next Year EPS Growth Estimate

$0.90

Next Year Revenue Growth Estimate

$120.22M

Return on Equity (ROE)

33.97%

FREE CASH FLOW

Operating Margin

40.44%

Debt-to-Equity

0.00 Piotroski F-Score

8 Altman Z-Score

9.25 Return on Invested Capital (ROIC)

32.04%

Current Ratio

3.20 Quick Ratio

2.42 Net Debt to EBITDA

-0.58

Interest Coverage

82.38 Gross Profit margin

52.28%

FCF PER SHARE

$0.60

REVENUE PER SHARE

$2.10

Gainseekers Quantitative Analysis

Summary

The market seems to be undervaluing Mako Mining Corp. Recent pricing indicated it traded below its DCF value, suggesting a potential mispricing opportunity. With a Forward P/E of 8.99 and an impressive Altman Z-score of 9.26, the company exhibits both growth potential and financial stability. The Earnings Yield of 5.10% further underscores its attractiveness for value investors. Overall, the financial health appears robust, with a solid return on equity of 28.92%, indicating effective management execution.

AI Exposure / Tech Reliance

Operating within the Other Precious Metals industry, Mako Mining Corp is positioned to leverage AI and modern tech to optimize mining operations and enhance resource extraction efficiency. The sector's increasing reliance on technology for precision and cost reduction aligns well with Mako's strategic growth. This adaptability could provide a competitive edge in an evolving market landscape.

The Bull Case

For the discerning value or GARP investor, Mako Mining Corp offers compelling reasons to buy. The company boasts a remarkable ROIC of 30.21%, reflecting superior capital efficiency. Its Piotroski F-Score of 8 signals strong financial health, while a Free Cash Flow Yield of 5.71% highlights its ability to generate cash. With an operating margin of 36.54%, Mako demonstrates significant pricing power, suggesting a well-managed operation capable of sustaining growth.

The Bear Case

Despite its strengths, Mako Mining Corp faces notable risks. The Price/Book ratio of 4.39 and Price/Sales ratio of 4.78 suggest a potentially overvalued stock, raising concerns about its current market pricing. Moreover, the stock's proximity to its 52-week high, with only an 8.13% distance, indicates technical overextension. Investors should be cautious of these valuation metrics, which may not fully justify the premium pricing.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

N/A

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

1.68 Insider Buying % (6 Mo)

Distance to 52-Week High

4.78%

Distance to 52-Week Low

58.86%

EARNINGS SURPRISE %

N/A

50-DAY SMA

$7.38

200-DAY SMA

$6.30

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.