Mako Mining Corp Reports Record Financial Results for Q2 2025

Mako Mining Corp announced robust financial results for Q2 2025, highlighted by record performances across several metrics. The company reported revenues of $38.7 million, up from $28.3 million in Q2 2024, driven by strong gold sales. It achieved a record adjusted EBITDA of $21.3 million and a significant net income of $8.8 million. Mako's cash reserves grew by $18.2 million, underpinned by the sale of 11,476 ounces of gold at an average price of $3,323 per ounce.

The company's cash costs stood at $1,509 per ounce, while its All-In Sustaining Costs were $1,668 per ounce sold. Mako highlighted impressive financial returns with a 33.9% return on equity and a 23.5% return on assets over the last twelve months. The company also reported a silver loan installment delivery of 13,500 ounces.

Looking forward, Mako plans to ramp up operations at its Moss Mine by the end of August, anticipating a strong performance in the second half of 2025, particularly in Q4. The company is also advancing its Eagle Mountain project in Guyana.