Mako Mining's Q2 2026 Financial Performance Highlights

Mako Mining Corp. has announced its financial results for Q2 2026, showing robust outcomes. The company recorded a revenue of $62.6 million, driven by the sale of 14,610 ounces of gold. This translated into a Mine Operating Cash Flow of $25.9 million, an Adjusted EBITDA of $31.7 million, and a net income of $13.9 million, equating to $0.16 per share.

The firm achieved significant operational efficiency with a cash cost of $1,996 per ounce sold and an All-In Sustaining Cost (AISC) per ounce sold of $2,286. The average realized price for gold stood at $4,201 per ounce. Mako Mining's ROE was 36.6%, while ROA reached 23.8%, reflecting strong profitability and asset utilization.

Cash, trade receivables, and marketable securities totaled $112.9 million. These robust financials ensure that Mako's upcoming development projects are well-funded without external capital. Upcoming cost-of-capital reduction plans might benefit shareholders through potential capital returns.