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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$0.58 - C$3.01
Previous CloseN/A
Volume7.01K
Average Volume (3M)33.79K
Market Cap
C$255.72M
Enterprise ValueC$269.31
Total Cash (Recent Filing)C$1.22M
Total Debt (Recent Filing)C$1.84M
Price to Earnings (P/E)―
Beta-0.27
Next Earnings
Nov 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding387,460,300
10 Day Avg. Volume29,575
30 Day Avg. Volume33,793
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
Upstream And Downstream ModelCombining rare-earth project development with recycling and magnet-related initiatives could diversify future revenue sources and provide exposure to more of the supply chain, potentially improving strategic flexibility if commercial execution succeeds.
Rare-earth Asset PlatformSongwe Hill gives Mkango an identifiable project platform rather than a purely conceptual strategy. Continued development could create long-term production optionality and establish a base for future rare-earth product sales.
Modest Absolute DebtAbsolute debt is relatively modest, which may limit interest and repayment pressure compared with a heavily indebted developer. However, this benefit is constrained by negative equity and the company’s continuing need for external funding.
Bears Say
Minimal Commercial RevenueMinimal revenue indicates that Mkango has not yet reached a self-sustaining commercial scale. This leaves future value dependent on project advancement, financing and eventual production rather than established operating cash inflows.
Persistent And Worsening LossesPersistent losses, combined with a sharp TTM deterioration, signal weak earnings durability and limited operating leverage. Sustained losses can increase dilution or financing requirements while the company works toward commercial operations.
Negative Equity And Cash BurnNegative operating and free cash flow show that the business is consuming capital, while negative equity reduces financial flexibility. This combination heightens dependence on external funding and creates execution risk for development plans.
Mkango Resources News
MKA FAQ
What was Mkango Resources’s price range in the past 12 months?
Mkango Resources lowest stock price was C$0.58 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$255.72M.
When is Mkango Resources’s upcoming earnings report date?
Mkango Resources’s upcoming earnings report date is Nov 26, 2026 which is in 83 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 387,460,300 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
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
0.00%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
1.08%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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