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Mako MiningMAKO +1.38%72 Debt-to-Equity is 0.15 as of Jun. 2026, which is 79% below its 10-year median of 0.72. GuruFocus rates MAKO with a GF Score™ of 72/100 and a GF Value™ of $5.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,225 Metals & Mining companies, Mako Mining ranks worse than 50.86% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Mako Mining's Debt-to-Equity or its related term are showing as below:
MAKO'
s Debt-to-Equity Range Over the Past 10 Years
Min: -21.49 Med: 0.72 Max: 1.82
Current: 0.15
During the past 13 years, the highest Debt-to-Equity Ratio of Mako Mining was 1.82. The lowest was -21.49. And the median was 0.72.
MAKO's Debt-to-Equity is ranked worse than 50.86% of 1225
companies
in the Metals & Mining industry
Industry Median: 0.14
vs MAKO: 0.15
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Mako Mining Debt-to-Equity Related Terms
Mako Mining Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Mako Mining's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Mako Mining's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mako Mining Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mako Mining's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Mako Mining's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mako Mining (MAKO) has a Debt-to-Equity of 0.15 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mako Mining and its competitors. This is 79% below median its historical median of 0.72. According to the industry distribution chart, Mako Mining ranks #623 out of 1225 companies in the Metals & Mining industry, placing it in the top 50.9%.
Is Mako Mining's Debt-to-Equity too high?
Mako Mining's current Debt-to-Equity of 0.15 is 79% below median its 10-year median of 0.72. The Metals & Mining industry median Debt-to-Equity is 0.14. Mako Mining's value of 0.15 is 7.1% above this industry median. Based on the distribution chart, Mako Mining ranks #623 out of 1225 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mako Mining has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mako Mining's Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mako Mining ranks #623 out of 1225 companies for Debt-to-Equity. This places Mako Mining in the lower half of its industry. The industry median Debt-to-Equity is 0.14. Mako Mining's value of 0.15 is 7.1% above this benchmark. While the company's 10-year median is 0.72 vs. the industry median of 0.14, Mako Mining has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,225 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mako Mining's current Debt-to-Equity of 0.15 is 7.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mako Mining and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mako Mining's current Debt-to-Equity is 0.15, which is 79% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mako Mining stock overvalued right now?
Based on GuruFocus' analysis, Mako Mining (MAKO) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.53, compared to a current price of $10.26 — trading 85.5% above its estimated fair value. The current Debt-to-Equity is 0.15, which is 79% below median its 10-year median of 0.72 and 7.1% above the Metals & Mining industry median of 0.14. Mako Mining's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Mako Mining (MAKO), the current Debt-to-Equity is 0.15 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mako Mining (MAKO) Overvalued in 2026?
Based on GuruFocus' analysis, Mako Mining stock appears to be overvalued.
The current stock price of $10.26 is trading 85.5% above its estimated GF Value™ of $5.53.
GuruFocus considers Mako Mining to be Significantly Overvalued.
Key valuation signals for MAKO:
Debt-to-Equity: 0.15 (79% below median its 10-year median of 0.72)
GF Value™: $5.53 vs. price of $10.26 (85.5% above fair value)
Industry Position: 7.1% above the Metals & Mining median (#623 of 1225)
No single metric tells the full story. See the MAKO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mako Mining Corp is a gold mining, development, and exploration firm. The companies primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua and Guyana.
72GF Score
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