Earnings ·
Mako Mining Corp. reported financial results for the second quarter ended June 30, 2026, recording record revenue of…
MAKOMako Mining Corp.
Mako Mining Corp. reported financial results for the second quarter ended June 30, 2026, recording record revenue of $62.6 million and net income of $13.9 million, or $0.16 per share. The company generated $31.7 million in Adjusted EBITDA and sold 14,610 ounces of gold at an average realized price of $4,201 per ounce. Operating metrics included a cash cost of $1,996 per ounce and All-In Sustaining Costs (AISC) of $2,286 per ounce. The company holds approximately $112 million in cash and securities, which management states is sufficient to fund remaining development projects without external capital. CEO Akiba Leisman indicated plans to unveil strategies for lowering the cost of capital, potentially including substantial shareholder capital returns. Mako Mining Corp. operates high-grade gold mines in Nicaragua and the United States while holding exploration assets in Guyana.