Mako Mining Corp. (V:MKO*CA)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
See Regulatory Filings on SEDAR
Company Contact
Address: 595 Burrard Street, Suite 2833
VANCOUVER BC V7X 1J1
Tel: N/A
Website: goldenreignresources.com
IR: See website
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Key People
Kim Evans
President, Director
Akiba Jacob Issachar Leisman
interim Chief Executive Officer
Michele Pillon
Chief Financial Officer
Business Overview
Mako Mining Corp, formerly known as Golden Reign Resources Ltd, is a Canada-based mineral exploration company engaged in exploring the San Albino-Murra Property and the El Jicaro Property, both of which are located in Nueva Segovia, Nicaragua. The Companys prime objective is development of its San Albino Gold Deposit project. The Company's land package comprises approximately 13,771 hectares of ground for gold and silver mineralization. Through its subsidiary Marlin Gold Mining Ltd, the Company owns properties located in Mexico and the United States, and a portfolio of royalties. Marlin Gold Mining Ltd is gold and silver mining company primarily focused on exploration and development of La Trinidad Mine located in Mexico.
Financial Overview
For the three months ended 31 July 2019, Mako Mining Corp revenues increased from C$0K to C$8.2M. Net loss increased from C$1.4M to C$3.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Exploration and evaluation expenses increase from C$933K to C$3.6M (expense), Foreign Exchange Loss increase from C$12K to C$1.3M (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $100.55M as of Jul 31, 2019
Annual revenue (TTM): $18.80M as of Jul 31, 2019
EBITDA (TTM): -$14.91M as of Jul 31, 2019
Net annual income (TTM): -$32.58M as of Jul 31, 2019
Free cash flow (TTM): -$11.86M as of Jul 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 583,701,484 as of Jul 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization