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Mako Mining: The Re-Rating Has Just Begun

Source: SeekingAlpha

2026-06-01 13:29:36 ET

Summary

Fourteen months ago, I wrote my initial article on Mako Mining Corp. (MAKO) (MKO:CA) and called the company a deeply undervalued single-operational mine gold producer trading at roughly 8x trailing P/E at a $2,900/oz gold price. The stock then traded at $2.70. As of writing, it trades above $8, a ~2x return in US dollar terms, and the company has been transformed from a Nicaragua-focused junior miner into a four-asset (two producing, one under construction, and one in the permitting process), multi-jurisdictional gold platform, debt-free with $93 million in cash....

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Mako Mining: The Re-Rating Has Just Begun
Mako Mining Corp

NASDAQ: MAKO

MAKO Trading

-9.37% G/L:

$7.495 Last:

212,529 Volume:

$8.21 Open:

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