Mako Mining FCF yield valuation

Sources

1. Modeledge live MAKO price $10.94 and market cap $958M on 2026-08-25, consistent with NASDAQ:MAKO in USD and ~87.56M basic shares. — makominingcorp.com
2. FY2025 XBRL free cash flow $40.657M, EBITDA $64.278M, revenue $148.472M, net income $33.740M, operating cash flow $52.977M, capex $12.320M, cash $77.277M, all USD. — sec.gov
3. FY2025 gold sold 41,686 oz at $3,515/oz realized, AISC $1,881/oz; production 40,831 oz; year-end term debt repaid; 87,564,647 shares outstanding plus RSUs, DSUs and options as of the 40-F MD&A date. — sec.gov
4. Q2 2026 revenue $62.6M, adjusted EBITDA $31.7M, net income $13.9M, 14,610 oz sold at $4,201/oz, AISC $2,286/oz; cash plus receivables and securities $112.9M. — sec.gov
5. At June 30, 2026 cash $71.913M and marketable securities $40.111M; Sailfish gold stream FV $41.712M; H1 2026 operating cash flow $45.887M and mining capex $9.557M; Q2 diluted WASO 90.466M; 87,605,909 shares outstanding as of the MD&A date. — sec.gov
6. Moss Mine P&P 598 koz Au supporting a 15-year mine life and $254M after-tax NPV5% at $3,500/oz Au; Mt. Hamilton acquired March 2026 via Sailfish stream; Eagle Mountain PEA-stage in Guyana. — sec.gov