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Mako Mining posts record gold sales but Q2 profits fall; key project updates expected soon.

Analyst Insights
13 Sep 2026
Seeking Alpha
View Source
Neutral
Mako Mining posts record gold sales but Q2 profits fall; key project updates expected soon.

Mako Mining sold a record 14,610 ounces of gold in Q2, yet its financial results declined compared to Q1. The company’s value is supported by two producing mines and two advanced projects, with San Albino contributing 86% of gross profit. However, risks include reliance on San Albino and lack of reserves, while Moss mine’s future depends on grade improvements by 2027. Investors await upcoming announcements on capital structure and project milestones at Mt. Hamilton and Eagle Mountain.

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