Mako Mining Corp
Mako Mining Corp. engages in gold mining and exploration activities in Nicaragua. Its primary asset is San Albino property located in Nueva Segovia, Nicaragua. The company was formerly known as Golden Reign Resources Ltd. and changed its name to Mako Mining Corp. in November 2018. Mako Mining Corp. was incorporated in 2004 and is based in Vancouver, Canada.
Mako Mining Corp (MAKOF) - Total Assets
Latest total assets as of September 2025: $151.41 Million USD
Based on the latest financial reports, Mako Mining Corp (MAKOF) holds total assets worth $151.41 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Mako Mining Corp - Total Assets Trend (2014–2024)
This chart illustrates how Mako Mining Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mako Mining Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Mako Mining Corp's total assets of $151.41 Million consist of 25.6% current assets and 74.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.6% |
| Accounts Receivable | $321.00K | 0.3% |
| Inventory | $11.09 Million | 10.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Mako Mining Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mako Mining Corp's current assets represent 25.6% of total assets in 2024, an increase from 2.5% in 2014.
- Cash Position: Cash and equivalents constituted 13.6% of total assets in 2024, up from 2.4% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 10.4% of total assets.
Mako Mining Corp Competitors by Total Assets
Key competitors of Mako Mining Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Mako Mining Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Mako Mining Corp generates 0.86x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Mako Mining Corp generates $ 17.89 in net profit.
Mako Mining Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.81 | 1.35 | 0.20 |
| Quick Ratio | 1.68 | 0.54 | 0.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $36.21 Million | $ 5.61 Million | $ -13.17 Million |
Mako Mining Corp - Advanced Valuation Insights
This section examines the relationship between Mako Mining Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.61 |
| Latest Market Cap to Assets Ratio | 2.31 |
| Asset Growth Rate (YoY) | 156.1% |
| Total Assets | $107.08 Million |
| Market Capitalization | $247.29 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Mako Mining Corp's assets at a significant premium ( 2.31x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Mako Mining Corp's assets grew by 156.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mako Mining Corp (2014–2024)
The table below shows the annual total assets of Mako Mining Corp from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $107.08 Million | +156.12% |
| 2023-12-31 | $41.81 Million | -7.44% |
| 2022-12-31 | $45.17 Million | -16.54% |
| 2021-12-31 | $54.12 Million | +9.49% |
| 2020-12-31 | $49.43 Million | +120.03% |
| 2018-12-31 | $22.46 Million | -28.69% |
| 2017-12-31 | $31.51 Million | -0.96% |
| 2016-12-31 | $31.81 Million | -5.81% |
| 2015-12-31 | $33.77 Million | +17.89% |
| 2014-12-31 | $28.65 Million | -- |