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MKA Stock Chart & Stats
C$0.77
C$0.01(1.30%)
At close: 4:00 PM EDT
C$0.77
C$0.01(1.30%)
Day’s Range― - ―
52-Week RangeC$0.52 - C$3.01
Previous CloseN/A
Volume7.01K
Average Volume (3M)29.61K
Market Cap
C$236.77M
Enterprise ValueC$269.31M
Total Cash (Recent Filing)C$13.64M
Total Debt (Recent Filing)C$2.45M
Price to Earnings (P/E)―
Beta0.09
Next Earnings
Nov 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding388,153,630
10 Day Avg. Volume19,920
30 Day Avg. Volume29,607
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)-0.02
Revenue Forecast (FY)C$991.59K
Bulls Say, Bears Say
Bulls Say
Positive Latest EquityPositive equity relative to latest reported debt provides some financial cushion while Mkango advances its development plans. Although losses remain substantial, this capital position is stronger than a balance sheet already burdened by negative equity and may offer more flexibility than highly leveraged peers.
Rare-Earth Project ExposureExposure to the Songwe Hill rare-earth project gives Mkango a defined upstream asset around which future mining and processing activities can be developed. If advanced successfully, the project could provide a foundation for commercial revenue and establish a long-term operating platform.
Downstream Business ModelDownstream initiatives in magnet recycling and rare-earth supply-chain development could broaden Mkango beyond a conventional mining model. Capturing value from recycling or related processing may create additional commercial pathways and potentially retain more margin than selling only unprocessed resources.
Bears Say
Minimal Revenue And Persistent LossesThe very small revenue base and recurring losses show that Mkango has not yet established meaningful commercial earnings. Until revenue scales substantially, fixed development costs will continue to outweigh operating income, leaving earnings visibility weak and making the investment case dependent on future project execution.
Continued Cash BurnPersistent negative operating and free cash flow means the business is consuming capital rather than funding operations internally. This reduces financial flexibility as development continues and makes sustained access to outside capital important for maintaining activities and pursuing planned investments.
Financing And Dilution RiskHistorical equity volatility and periods of negative equity indicate instability in Mkango’s underlying financial position. Combined with ongoing losses and cash burn, this raises the possibility that future funding could require additional equity issuance, potentially diluting existing shareholders and constraining strategic flexibility.
Mkango Resources News
MKA FAQ
What was Mkango Resources’s price range in the past 12 months?
Mkango Resources lowest stock price was C$0.52 and its highest was C$3.01 in the past 12 months.
What is Mkango Resources’s market cap?
Mkango Resources’s market cap is C$236.77M.
When is Mkango Resources’s upcoming earnings report date?
Mkango Resources’s upcoming earnings report date is Nov 26, 2026 which is in 33 days.
How were Mkango Resources’s earnings last quarter?
Mkango Resources released its earnings results on Sep 01, 2026. The company reported -C$0.01 earnings per share for the quarter.
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 388,153,630 shares outstanding.
What happened to Mkango Resources’s price movement after its last earnings report?
Mkango Resources reported an EPS of -C$0.01 in its last earnings report. Following the earnings report the stock price went down -2.817%.
Which hedge fund is a major shareholder of Mkango Resources?
Currently, no hedge funds are holding shares in TSE: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
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3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-49.46%
12-Months-Change
Fundamentals
Return on Equity
5723.40%
Trailing 12-Months
Asset Growth
―
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Mkango Resources
Mkango Magnetic Materials Ltd. engages in the exploration and development of mining properties, which focuses on rare earth elements and associated minerals in the Republic of Malawi. Its project includes Songwe Hill and Thambani. The company was founded by William Dawes and Alexander Lemon on November 13, 2007 and is headquartered in Vancouver, Canada.
Technical Analysis
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