Mkango Resources (TSE:MKA)
:MKA
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MKA Stock Chart & Stats
C$0.90
C$0.04(25.00%)
At close: 4:00 PM EST
C$0.90
C$0.04(25.00%)
Day’s Range― - ―
52-Week RangeC$0.27 - C$3.01
Previous CloseN/A
Volume75.00K
Average Volume (3M)108.49K
Market Cap
C$336.79M
Enterprise ValueC$242.77M
Total Cash (Recent Filing)C$1.22M
Total Debt (Recent Filing)C$1.84M
Price to Earnings (P/E)―
Beta-1.28
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding387,110,300
10 Day Avg. Volume154,966
30 Day Avg. Volume108,494
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 Positioning In Rare EarthsMkango’s integrated mine-to-magnet focus and European downstream/recycling push aligns with structural demand for EV and wind turbine magnets. Over 2–6 months this positioning supports durable commercial relevance, potential vertical integration benefits, and reduced counterparty supply risk.
Meaningful Asset BaseA tangible asset base (~12.9M TTM) provides a foundation to secure project financing, collateralize development efforts, and demonstrate real resource value. For a developer, assets underpin long-term execution potential and improve ability to pursue permits, JV deals, or asset-backed funding.
Partnership-led Development StrategyEmphasizing joint ventures, strategic partners and government funding materially lowers capital intensity and execution risk. Durable partnerships can deliver offtake, technical capability and non-dilutive funding, improving the company’s chance to commercialize projects without sole-burden capital.
Bears Say
Negative Shareholders' EquityThe shift to negative equity weakens the capital structure, limiting financial flexibility and making new financing more dilutive or expensive. Over the medium term this elevates solvency risk and could constrain ability to fund permitting, construction or match partner equity contributions.
Persistent Cash BurnOngoing negative OCF and FCF indicate the business consumes material cash to sustain operations and investment. This creates continuous funding needs, increasing dependency on external capital or partner financing and raising execution and dilution risk across the next several quarters.
Minimal Revenue And Large LossesVery low reported revenues and a large, widening net loss show the company remains pre-commercial. Lack of operating-scale revenue increases reliance on financing and partners, and means margins and profitability drivers are unproven over the medium term, raising execution uncertainty.
Mkango Resources News
MKA FAQ
What was Mkango Resources’s price range in the past 12 months?
Mkango Resources lowest stock price was C$0.27 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$336.79M.
When is Mkango Resources’s upcoming earnings report date?
Mkango Resources’s upcoming earnings report date is Aug 31, 2026 which is in 88 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 387,110,300 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 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
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Insider Transactions
Bought Shares
Worth C$557.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
530.57%
12-Months-Change
Fundamentals
Return on Equity
9999.00%
Trailing 12-Months
Asset Growth
30.27%
Trailing 12-Months
Company Description
Mkango Resources
Mkango Resources Ltd., together with its subsidiaries, explores for and develops rare earth elements and associated minerals in the Republic of Malawi, Africa. It explores for uranium, tantalum, niobium, zircon, nickel, cobalt, rutile, graphite, and gold ores. The company's flagship project is the Songwe Hill property within the Phalombe exploration license located in southeast Malawi. It also holds 100% interests in the Thambani, Chimimbe Hill, and Mchinji licenses. The company is based in Vancouver, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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