MKA Stock Chart & Stats
39.50 p
-0.70 p(-1.77%)
At close: 4:00 PM EDT
39.50 p
-0.70 p(-1.77%)
Day’s Range― - ―
52-Week Range30.50 p - 85.00 p
Previous CloseN/A
Volume678.81K
Average Volume (3M)2.44M
Market Cap
£147.54M
Enterprise Value234.04 p
Total Cash (Recent Filing)£1.22M
Total Debt (Recent Filing)£1.84M
Price to Earnings (P/E)―
Beta-0.62
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding387,460,300
10 Day Avg. Volume3,787,713
30 Day Avg. Volume2,442,757
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-61.40
Price to Sales (P/S)0.00
P/FCF Ratio-30.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strategic Rare‑Earth PositionMkango's focus on the Songwe Hill rare-earth project and downstream magnet-recycling positions it in structural supply chains for permanent magnets and electrification. This vertical exposure supports long-term demand capture and potential margin uplift as EV/renewable markets expand.
Tangible Asset BaseA meaningful asset base (~12.9M TTM) provides tangible backing for project development and improves options for project financing or collateralized lending. Assets confer optionality to advance Songwe Hill or secure partner financing over the medium term.
Improving Cash Flow TrendReported free cash flow improvement versus 2025, while still negative, signals reduced cash consumption or better capital deployment. This trend eases short-term funding pressure, suggests operational progress, and modestly extends runway absent new capital.
Bears Say
Negative Shareholders' EquityThe shift to negative shareholders' equity (~ -2.9M TTM) reflects capital erosion and weak retained earnings. This deterioration reduces borrowing capacity, increases reliance on dilutive equity or onerous financing, and materially constrains financial flexibility for project execution.
Persistent Cash BurnSustained negative operating cash flow (~ -4.9M TTM) and negative FCF (~ -7.4M TTM) indicate ongoing cash burn. Without commercial receipts, the company remains dependent on external funding or asset monetization, raising execution and financing risk in the medium term.
Minimal Revenue / Large LossVery low reported revenue (~50.8K TTM) alongside a sharp net loss (~14.3M TTM) shows the business is not yet commercial. This forces dependence on milestone financing; absent clear near-term revenue paths, project delays or cost overruns materially raise shareholder dilution risk.
Mkango Resources News
MKA FAQ
What was Mkango Resources’s price range in the past 12 months?
Mkango Resources lowest share price was 30.50 p and its highest was 85.00 p in the past 12 months.
What is Mkango Resources’s market cap?
Mkango Resources’s market cap is £147.54M.
When is Mkango Resources’s upcoming earnings report date?
Mkango Resources’s upcoming earnings report date is Aug 31, 2026 which is in 23 days.
How were Mkango Resources’s earnings last quarter?
Currently, no data Available
Is Mkango Resources overvalued?
According to Wall Street analysts Mkango Resources’s price is currently Overvalued.
Does Mkango Resources pay dividends?
Mkango Resources does not currently pay dividends.
What is Mkango Resources’s EPS estimate?
Mkango Resources’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mkango Resources have?
Mkango Resources has 387,460,300 shares outstanding.
What happened to Mkango Resources’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Mkango Resources?
Currently, no hedge funds are holding shares in GB:MKA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mkango Resources Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
954.54%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
1.08%
Trailing 12-Months
Company Description
Mkango Resources
Mkango Resources Ltd., operating through its subsidiaries, specializes in the exploration and subsequent development of rare earth elements and related minerals. Their primary operations are situated in the Republic of Malawi, Africa. Beyond its core rare earth activities, the firm also seeks out deposits of a broad spectrum of other valuable resources, including uranium, tantalum, niobium, zircon, nickel, cobalt, rutile, graphite, and gold. Central to its portfolio is the Songwe Hill property, located within the Phalombe exploration license in southeastern Malawi. Furthermore, Mkango maintains full ownership (100% interest) of several other licenses: Thambani, Chimimbe Hill, and Mchinji. The company's corporate headquarters are situated in Vancouver, Canada.
Technical Analysis
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