Mako Mining Corp. Announces Q3 2026 Results with Strong Financial Performance

Mako Mining Corp. reported positive financial outcomes for Q3 2026, ending September 30. The company achieved a revenue of $50.7 million and an Adjusted EBITDA of $30.3 million. Net income reached $16.4 million, translating to $0.19 per share. Mako sold 11,581 ounces of gold, averaging $4,292 per ounce, while maintaining an All-In Sustaining Cost of $2,890 per ounce. Cash, trade receivables, and marketable securities totaled $119.3 million.

CEO Akiba Leisman highlighted significant contributions from San Albino, emphasizing its strong cash flow. Meanwhile, the Moss Mine faced a challenging quarter due to infrastructure upgrades. Upcoming initiatives include new plant equipment for Moss anticipated in 2027, with projections for tripled production and lower costs. Additionally, growth opportunities are underway at San Albino and the Mt. Hamilton development, with first gold expected by late 2027.