MAKO MINING CORP chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.05
Dividend & YieldN/AC$ (N/A)
Beta 0.12
Market capitalization 194.2M
Operating cash flow 137k
ESG Scores unknown

Company description

Mako Mining Corp. operates as a gold mining and exploration company in Nicaragua. The company primarily explores for gold and silver deposits. Its primary asset is the San Albino property located 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.

Sector: Basic Materials - Industry: Gold

Financial data

Diluted earning per share

Financial Ratios
Quick Ratio0.31
Working Capital-118.51
Return On Equity0.36
Debt To Equity0.69
Fixed Asset Ratio3.76
Fixed Interest Cover-0.56

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2019-04-30 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -2.32M -9.56M 1.46M 716k
Total Cashflows From Investing Activities 3.2M -15M -28.83M -3.86M
Net Borrowings 3.04M 15M 15M 2.49M
Total Cash From Financing Activities 6.38M 30.31M 35.3M 3.12M
Change To Operating Activities 388k -1.45M -2.39M -432k
Issuance Of Stock 3.43M 30.31M 17.69M 621k
Net Income -25.23M -13.91M -12.13M 9.12M
Change In Cash 2.53M 1.34M -1.62M -689k
Effect Of Exchange Rate -77k 153k 1.04M -77k
Total Cash From Operating Activities -6.97M -14.12M -9.13M 137k
Depreciation 120k 141k 127k 5.65M
Change To Account Receivables 1.68M 2.28M 1.34M -147k
Other Cashflows From Financing Activities -89k 2.61M 2.61M
Change To Netincome 20.08M 6.48M 2.27M -10.72M
Capital Expenditures -113k -15.68M -29.97M -8.41M

Income Statement 2019-04-30 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -25.15M -13.81M -12.08M 9.63M
Net Income -25.23M -13.91M -12.13M 9.12M
Selling General Administrative 2.28M 4.37M 5.32M 6.33M
Gross Profit -2.11M -9.02M 344k 17.14M
Ebit -8.03M -16.37M -11.36M -810k
Operating Income -8.03M -16.37M -11.36M -810k
Interest Expense -121k -25.5k -104k -1.45M
Income Tax Expense 75k 102k 48k 501k
Total Revenue 7.93M 12.87M 1.4M 30.93M
Cost Of Revenue 10.04M 21.89M 1.05M 13.79M
Total Other Income ExpenseNet -17.12M 2.56M -721k 10.44M
Net Income From Continuing Ops -25.23M -13.91M -12.13M 9.12M
Net Income Applicable To Common Shares -25.23M -13.91M -12.13M 9.12M

Balance Sheet Statement 2019-04-30 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 25.97M 11.79M 32.52M 29M
Total Stockholder Equity -7.82M 6.05M 16.91M 25.12M
Other Current Liabilities 4.37M 1.41M 806k 1.04M
Total Assets 18.15M 17.84M 49.43M 54.12M
Common Stock 50.08M 70.3M 87.26M 88.26M
Other Current Assets 284k
Retained Earnings -64.22M -73.49M -85.62M -76.5M
Treasury Stock -633k 1.58M 3.63M 1.75M
Cash 3.36M 4.25M 2.63M 1.94M
Total Current Liabilities 23.88M 10.2M 16.54M 10.01M
Other Stockholder Equity -633k 1.58M 3.63M 1.75M
Property, Plant, and Equipment 693k 10.77M 46.06M 43.68M
Total Current Assets 17.46M 7.07M 3.37M 9.93M
Net Tangible Assets -7.82M 6.05M 16.91M 25.12M
Net Receivables 2.92M 1.41M 149k 38k
Accounts Payable 15.04M 2.51M 4.92M 4.19M


Insider Transactions

Here are the insider transactions of stock shares related to MAKO MINING CORP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.26 per share.D2022-05-03Director of Issuer88.5k
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.26 per share.D2022-05-03Director of Issuer1.5k
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.26 per share.D2022-05-03Director of Issuer26k
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.29 per share.D2022-03-11Director of Issuer271k
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.26 per share.D2022-02-24Director of Issuer54k
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.27 per share.D2022-02-11Director of Issuer10k
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.32 per share.D2021-11-01Director of Issuer152k
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.31 per share.D2021-10-26Director of Issuer80k
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.31 per share.D2021-10-25Director of Issuer155k
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.31 per share.D2021-10-21Director of Issuer184k
Leisman (Akiba Jacob Issachar)Acquisition or disposition in the public market at price 0.24 per share.D2021-09-21Director of Issuer125k
Wexford Capital L PAcquisition or disposition in the public market at price 0.27 per share.I2021-08-1310% Security Holder of Issuer41.16k
Wexford Capital L PAcquisition or disposition in the public market at price 0.27 per share.I2021-08-1310% Security Holder of Issuer58.84k
Wexford Capital L PAcquisition or disposition in the public market at price 0.27 per share.I2021-08-0910% Security Holder of Issuer412
Wexford Capital L PAcquisition or disposition in the public market at price 0.27 per share.I2021-08-0910% Security Holder of Issuer588
Wexford Capital L PAcquisition or disposition in the public market at price 0.26 per share.I2021-08-0610% Security Holder of Issuer176.53k
Wexford Capital L PAcquisition or disposition in the public market at price 0.26 per share.I2021-08-0610% Security Holder of Issuer123.47k
Wexford Capital L PAcquisition or disposition in the public market at price 0.28 per share.I2021-08-0410% Security Holder of Issuer48.55k
Wexford Capital L PAcquisition or disposition in the public market at price 0.28 per share.I2021-08-0410% Security Holder of Issuer33.95k
Wexford Capital L PAcquisition or disposition in the public market at price 0.28 per share.I2021-08-0310% Security Holder of Issuer7.2k
Wexford Capital L PAcquisition or disposition in the public market at price 0.28 per share.I2021-08-0310% Security Holder of Issuer10.3k
Lipson (Rael Desmond)Acquisition or disposition in the public market at price 0.32 per share.D2021-06-23Director of Issuer48k
Lipson (Rael Desmond)Acquisition or disposition in the public market at price 0.32 per share.D2021-06-22Director of Issuer32k
Lipson (Rael Desmond)Exercise of options at price 0.21 per share.D2021-06-11Director of Issuer200k
Lipson (Rael Desmond)Exercise of options at price 0.21 per share.D2021-05-28Director of Issuer200k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MAKO MINING CORP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MAKO MINING CORP

Here is the result of two systematic investment strategies applied to MAKO MINING CORP. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MAKO MINING CORP

The following chart shows the equity curve of the two systematic investment strategies applied to MAKO MINING CORP:

MAKO MINING CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 47.98% on the backtest period.

Performance at glance

Performance

47.98 %

Latent gain

1079.32 C$

Invested capital

2249.62 C$

Annualized return

11.59 %
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Momentum strategy results on MAKO MINING CORP

This is the result of two momentum investment strategies applied to MAKO MINING CORP. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MAKO MINING CORP

The following chart shows all the entries opened by the momentum investment system on MAKO MINING CORP:

MAKO MINING CORP momentum entries
  • The first momentum investment strategy would give 80.76% of return on MAKO MINING CORP. That represents 4845.55C$ of latent gain with 5999.78C$ of employed capital.
  • The second momentum investment strategy would give 68.68% of return on MAKO MINING CORP. That represents 1888.65C$ of latent gain with 2749.97C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

80.76 %

Latent gain

4845.55 C$

Invested capital

5999.78 C$

Annualized return

-3.2 %
Performance at glance (2Q Momentum)

Performance

68.68 %

Latent gain

1888.65 C$

Invested capital

2749.97 C$

Annualized return

18.77 %

Momentum equity curve on MAKO MINING CORP

The following chart shows the equity curve of the two momentum strategies applied to MAKO MINING CORP:

MAKO MINING CORP momentum equity

Note: the dividends potentially given by MAKO MINING CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MAKO MINING CORP

The following chart shows the employed capital evolution of the two momentum strategies on MAKO MINING CORP since the beginning:

MAKO MINING CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on MAKO MINING CORP

Buy the dip entry openings on MAKO MINING CORP

MAKO MINING CORP

The performance achieved by the robo-advisor on MAKO MINING CORP is -6.85%. That represents -17.12$ of latent gain with 250.03C$ of employed capital. The following chart shows MAKO MINING CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MAKO MINING CORP, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-6.85 %

Latent gain

-17.12 C$

Invested capital

250.03 C$

Annualized return

-3.2 %

Equity curve of the strategy applied to MAKO MINING CORP

The following chart shows the result of the investment strategy applied to MAKO MINING CORP:

MAKO MINING CORP

Note: the dividends potentially given by MAKO MINING CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MAKO MINING CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on MAKO MINING CORP:

MAKO MINING CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MAKO MINING CORP

In this section, I will compare the three previous investment strategies applied to MAKO MINING CORP.

Equity curve comparison on MAKO MINING CORP

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MAKO MINING CORP investment strategy comparison

Employed capital comparison on MAKO MINING CORP

MAKO MINING CORP investment comparison

Performance comparison on MAKO MINING CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 47.98% 1079.32C$ 2249.62C$ 11.59%
Momentum 1 quarter 80.76% 4845.55C$ 5999.78C$ 20.71%
Momentum 2 quarters 68.68% 1888.65C$ 2749.97C$ 18.77%
Non-directional -6.85% -17.12C$ 250.03C$ -3.2%
Annualized return comparison

Automatic investment

11.59 %

Momentum 1Q

18.77 %

Momentum 2Q

18.77 %

Non-directional

-3.2 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MAKO MINING CORP:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between MAKO MINING CORP and the other stocks. There may be false positives or some missing correlated stocks. If the price of MAKO MINING CORP does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MAKO MINING CORP
Country Canada
City Vancouver
Address 838 West Hastings Street
Phone
Website www.makominingcorp.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker MKO.XTSX
Market www.tsx.com

MAKO MINING CORP ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown