Mako Mining (TSXV:MKO) Tax Rate %: 38.45% (As of Jun. 2026)

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TSXV:MKO Mako Mining Corp TSXV:MKO
76 GF Score
Price C$14.15
GF Value C$7.64
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Mako Mining Tax Rate %?

Mako Mining TSXV:MKO -1.19% 76 Tax Rate % is 38.45% as of Jun. 2026. GuruFocus rates TSXV:MKO with a GF Score™ of 76/100 and a GF Value™ of C$7.64 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mako Mining's Tax Expense for the three months ended in Jun. 2026 was C$12.2 Mil. Mako Mining's Pre-Tax Income for the three months ended in Jun. 2026 was C$31.6 Mil. Therefore, Mako Mining's Tax Rate % for the quarter that ended in Jun. 2026 was 38.45%.

Mako Mining Tax Rate % Related Terms

Mako Mining Tax Rate % Historical Data

* Premium members only.

The historical data trend for Mako Mining's Tax Rate % 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.

Mako Mining Tax Rate % Chart

Mako Mining Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.79 -21.20 23.46 34.74 38.31

Mako Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.18 71.78 35.54 34.27 38.45
TSXV:MKO
76GF Score
Mako Mining Corp TSXV:MKO
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mako Mining Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Mako Mining's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=28.909/75.453
=38.31 %

Mako Mining's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=12.151/31.606
=38.45 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 38.45% mean?
Mako Mining (TSXV:MKO) has a Tax Rate % of 38.45% as of Jun. 2026.
Is Mako Mining's Tax Rate % too high?
Mako Mining's current Tax Rate % is 38.45%. Overall, Mako Mining has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mako Mining's Tax Rate % compare to NEM and AU?
Mako Mining's Tax Rate % of 38.45% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Mako Mining's current Tax Rate % is 38.45%. 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 (TSXV:MKO) is currently considered Significantly Overvalued. The stock's GF Value™ is C$7.64, compared to a current price of C$14.15 — trading 85.2% above its estimated fair value. The current Tax Rate % is 38.45%. Mako Mining's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Mako Mining (TSXV:MKO), the current Tax Rate % is 38.45% 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 (TSXV:MKO) Overvalued in 2026?

Based on GuruFocus' analysis, Mako Mining stock appears to be overvalued. The current stock price of C$14.15 is trading 85.2% above its estimated GF Value™ of C$7.64. GuruFocus considers Mako Mining to be Significantly Overvalued.

Key valuation signals for TSXV:MKO:

  • Tax Rate %: 38.45%
  • GF Value™: C$7.64 vs. price of C$14.15 (85.2% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the TSXV:MKO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mako Mining Business Description

Other Exchanges MAKO:USAGQR0:Germany
Address 838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
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.
76GF Score

Get the complete analysis for TSXV:MKO

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$14.15
Price
C$7.64
GF Value