Mako Mining Corp.

Mako Mining Corp.verified

MKO.V

Price:

$3.33

Market Cap:

$188.17M

Mako Mining Corp. operates as a gold mining and exploration company in Nicaragua. The company primarily explores for gold and silver deposits. Its primary asset is the 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 headquartered in Vancouver, Canada.[Read more]

Industry

Gold

IPO Date

2006-11-27

Stock Exchange

TSXV

Ticker

MKO.V

The Current Ratio as of November 2024 (TTM) for Mako Mining Corp. (MKO.V) is 1.89

According to Mako Mining Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.89. This represents a change of 8.63% compared to the average of 1.74 of the last 4 quarters.

Mako Mining Corp. (MKO.V) Historical Current Ratio (quarterly & annually)

How has MKO.V Current Ratio performed in the past?

The mean historical Current Ratio of Mako Mining Corp. over the last ten years is 1.47. The current 1.89 Current Ratio has changed 12.77% with respect to the historical average. Over the past ten years (40 quarters), MKO.V's Current Ratio was at its highest in in the January 2017 quarter at 11.14. The Current Ratio was at its lowest in in the January 2016 quarter at 0.04.

Quarterly (TTM)
Annual

Average

1.47

Median

0.90

Minimum

0.20

Maximum

4.24

Mako Mining Corp. (MKO.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Mako Mining Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 854.14%

Maximum Annual Current Ratio = 4.24

Minimum Annual Increase = -74.51%

Minimum Annual Current Ratio = 0.20

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.73116.67%
20220.80-19.51%
20210.99387.46%
20200.20-70.65%
20190.691.50%
20190.688.85%
20180.63-74.51%
20172.46-41.85%
20164.2490.69%
20152.22854.14%

Mako Mining Corp. (MKO.V) Average Current Ratio

How has MKO.V Current Ratio performed in the past?

The current Current Ratio of Mako Mining Corp. (MKO.V) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.17

5-year avg

0.88

10-year avg

1.47

Mako Mining Corp. (MKO.V) Current Ratio vs. Peers

How is MKO.V’s Current Ratio compared to its peers?

Mako Mining Corp.’s Current Ratio is greater than Thor Explorations Ltd. (0.51), greater than K2 Gold Corporation (0.78), greater than Alianza Minerals Ltd. (1.34), less than Loncor Gold Inc. (2.24), greater than Sarama Resources Ltd (0.51),

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