Mako Mining Corp Common Stock (MAKO)

FairStock Score: 80/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn high returns on capital, carry little debt, and sell at a sensible price. Mako is a small gold miner, so it has little pricing power; any moat must come from the quality of its orebody and cost position, and the supplied data do not give me mine-level costs. The financial picture is strong: FairStock reports ROE of 36.63%, ROCE of 24.12%, debt-to-equity of 0.22, and an Altman Z-score of 4.76. In the second quarter of 2026, Mako reported revenue of $62.6 million and net income of $13.9 million, a 22.15% margin. Free cash flow is $56.1 million, an 8.3% FCF yield at the 2026-10-26 close. Valuation is mixed. At the 2026-10-26 close of $7.92, FairStock calculates P/E of 13.42 and P/B of 3.65. FairStock's Graham Number is $5.37, so the price is 48.42% above it, offering no Graham margin of safety. Cash-flow valuation looks better: the supplied EV/EBITDA is 6.63 and the FCF yield is 8.3%, not demanding if gold prices hold. FairStock's PEG of 0.07 looks very low, but miners are cyclical and one quarter does not make a record. Piotroski is 4/9, middling. Beta is 1.80, so I expect volatility. FairStock assigns no Lynch category because there are only 0 years of filed results, versus the 3 needed. This can be a profitable, cash-generative miner, but I would demand a wider discount for single-asset, commodity, and jurisdiction risk.

In plain English: Mako Mining is a small gold and silver miner whose main asset is the San Albino mine in Nicaragua. The business looks profitable and produces cash, with high returns and low debt, but it depends heavily on one mine, gold prices, and the country where it operates. At $7.92, the shares trade above a simple accounting-value check, so they do not look deeply discounted, though cash-flow measures look more reasonable.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer