Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Mako Mining Corp. is a Canadian-based gold mining and exploration company focused on the development, operation, and acquisition of high-grade precious metals assets in the Americas. The company operates primarily in the gold mining industry, with activities spanning exploration, mine development, mineral processing, and production. Its principal revenue driver is gold production and sales from its operating assets, supplemented by ongoing exploration programs intended to expand mineral resources and extend mine life. Mako Mining targets jurisdictions with established mining frameworks and prospective geological environments, with a strategic emphasis on Central America.
The company’s flagship asset is the San Albino Gold Mine in Nicaragua, which has become the core contributor to production and cash flow. Mako Mining also controls additional exploration concessions and development-stage projects in the region. The company positions itself as a relatively low-cost, high-grade gold producer with a disciplined operational approach focused on resource expansion, efficient processing, and prudent capital allocation. Mako Mining evolved from a mineral exploration and development company into a commercial gold producer following the advancement and commissioning of the San Albino operation during the early 2020s.
Business Operations
Mako Mining’s operations are centered around the San Albino Project, which includes underground and open-pit mining activities, ore processing infrastructure, and associated exploration concessions. Revenue is primarily generated through the production and sale of gold concentrate and dore. The company’s operational model integrates mining, processing, and exploration activities to support both current production and future reserve growth. In addition to mining operations, Mako conducts ongoing drilling campaigns designed to identify new mineralized zones near existing infrastructure.
The company’s activities are concentrated mainly in Nicaragua, though it maintains a broader exploration and corporate presence in North America through its Canadian corporate structure. Mako controls processing facilities and mineral concessions associated with the San Albino district and has invested in infrastructure supporting ore transport, milling, and site operations. Public disclosures have also referenced exploration interests and strategic land packages in highly prospective mineral belts. Data regarding material joint ventures or large-scale strategic partnerships remains limited in publicly available filings, and no major operating joint venture structure has been consistently identified across available sources.
Strategic Position & Investments
Mako Mining’s strategic direction has focused on increasing gold production, expanding mineral resources, and extending the operational life of its core assets through exploration and incremental development. The company has invested heavily in exploration drilling around the San Albino district, including nearby targets that may provide supplemental ore feed or future standalone development opportunities. Its strategy emphasizes maintaining operational flexibility while leveraging existing infrastructure to improve production efficiency and reduce unit costs.
The company has also pursued selective acquisitions and property consolidations to strengthen its regional land position. Public filings and investor disclosures have highlighted exploration upside within the broader district surrounding San Albino, including satellite deposits and newly identified targets. Mako’s investment profile is oriented toward high-grade gold systems and near-mine exploration rather than broad geographic diversification. The company operates in a segment of the mining industry where disciplined capital deployment and operational execution are considered important competitive advantages.
Geographic Footprint
Mako Mining is headquartered in Canada, with operational activities concentrated in Nicaragua. The company’s principal producing asset, the San Albino mine, is located in northern Nicaragua near the Honduran border. Nicaragua represents the company’s primary source of production, exploration activity, and operational investment.
While the company is publicly listed in Canada through the TSX Venture Exchange under the symbol MKO.V, its operational influence is concentrated in Central America. Corporate administration, investor relations, and capital markets activities are tied to the Canadian mining finance ecosystem, while field operations and mineral development efforts are based largely in Nicaragua. Publicly available disclosures do not indicate a broad multinational operating footprint beyond these regions.
Leadership & Governance
Mako Mining’s leadership team combines experience in mining operations, geology, corporate finance, and project development. The company has emphasized operational discipline, organic growth through exploration, and efficient mine development as central elements of its management philosophy. Governance and disclosure practices are guided by Canadian public market standards applicable to TSX Venture Exchange-listed issuers, including continuous disclosure obligations and technical reporting requirements under National Instrument 43-101.
Key executives and leadership personnel include:
- Akiba Leisman – Chief Executive Officer
- Richard Montjoie – Chief Financial Officer
- Tomás Sánchez – Chief Operating Officer
- Ashton Daher – Vice President, Exploration
Public company filings and corporate disclosures indicate that management’s strategic focus has centered on sustainable production growth, reserve expansion, and disciplined allocation of exploration capital. Information regarding founder status or founding leadership is not consistently presented across available public sources.