Mako Mining Corp ( (TSE:MKO) ) just unveiled an announcement.
Mako Mining Corp reported record gold revenue of $31.5 million for Q1 2025, driven by strong production results from its San Albino gold mine and the acquisition of the Moss Mine. The company mined 48,813 tonnes containing 11,495 ounces of gold and 12,036 ounces of silver, with significant contributions from both diluted vein material and historical dumps. The high gold prices have positively impacted Mako’s financials, enabling further investment in exploration and project development, particularly the Eagle Mountain project in Guyana. The company’s strategic moves, including the Moss Mine acquisition, position it well for future growth and expansion.
Spark’s Take on TSE:MKO Stock
According to Spark, TipRanks’ AI Analyst, TSE:MKO is a Outperform.
Mako Mining Corp’s overall stock score reflects a combination of strong financial performance, positive technical trends, and strategic corporate events. The company’s robust revenue growth and operational efficiency are key strengths, while technical indicators support a positive outlook. The recent acquisition and positive drilling results further enhance growth potential, outweighing valuation concerns due to the low P/E ratio.
To see Spark’s full report on TSE:MKO stock, click here.
More about Mako Mining Corp
Mako Mining Corp is a company operating in the gold mining industry, focusing on the extraction and production of gold and silver. The company operates the San Albino gold mine in Nicaragua and is advancing the Eagle Mountain gold project in Guyana. Mako Mining is also involved in the acquisition and operation of the Moss Mine in Arizona.
YTD Price Performance: 35.82%
Average Trading Volume: 50,211
Technical Sentiment Signal: Sell
Current Market Cap: C$360.8M
See more data about MKO stock on TipRanks’ Stock Analysis page.