Mako Mining Q1 2025: Revenue Surge, Record Operating Cash Flow Eclipsed By Huge Cash Burn
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Mako Mining Q1 2025: Revenue Surge, Record Operating Cash Flow Eclipsed By Huge Cash Burn
Mako Mining (TSXV: MKO) reported its Q1 2025 financials, with revenue surging 66% YoY to $31.8 million on the sale of 10,817 gold ounces at an average price of $2,915 per ounce. Volume rose 17% while realized price jumped 41%, driving gross sales well ahead of the $19.2 million recorded in Q1 2024. Cash costs […]
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