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MLP Stock Chart & Stats
C$2.89
-C$0.20(-8.30%)
At close: 4:00 PM EDT
C$2.89
-C$0.20(-8.30%)
Day’s Range― - ―
52-Week RangeC$1.64 - C$3.98
Previous CloseN/A
Volume204.46K
Average Volume (3M)244.91K
Market Cap
C$371.46M
Enterprise ValueC$265.86
Total Cash (Recent Filing)C$28.82M
Total Debt (Recent Filing)C$93.49K
Price to Earnings (P/E)―
Beta1.40
Next Earnings
Dec 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding119,441,460
10 Day Avg. Volume253,958
30 Day Avg. Volume244,912
Financial Highlights & Ratios
PEG Ratio-1.21
Price to Book (P/B)6.32
Price to Sales (P/S)0.00
P/FCF Ratio-86.63
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)-0.06
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Very Low LeverageMinimal debt reduces interest and refinancing pressure while the project pipeline is being advanced. This gives Millennial Potash greater financial flexibility than a similarly early-stage developer carrying substantial borrowing.
Growing Equity BaseA larger equity base supports exploration and project development activities and provides a stronger asset funding platform. It does not eliminate financing needs, but it improves the company’s capacity to pursue its potash strategy.
Multiple Project Monetization RoutesThe business model provides several potential paths to monetize successful projects, including development, sale, farm-out, or partnership with a larger operator. This strategic flexibility could help the company advance assets without solely funding mine construction itself.
Bears Say
Pre-Revenue Business ModelWith no operating revenue, the company has not yet demonstrated commercial production, customer demand, or recurring cash inflows. Future value therefore depends heavily on exploration success, permitting, development execution, and eventual potash commercialization.
Widening Net LossesLosses are increasing as the company advances its project pipeline, indicating a rising cost base before revenue begins. Without a commercial operation to absorb these expenses, sustained losses may continue and increase dependence on successful project milestones.
Persistent Cash BurnNegative operating and free cash flow show that the business is not currently self-funding exploration and development. Continued cash consumption creates ongoing liquidity and external financing risk, particularly if project advancement takes longer or costs more than planned.
Millennial Potash News
MLP FAQ
What was Millennial Potash’s price range in the past 12 months?
Millennial Potash lowest stock price was C$1.64 and its highest was C$3.98 in the past 12 months.
What is Millennial Potash’s market cap?
Millennial Potash’s market cap is C$371.46M.
When is Millennial Potash’s upcoming earnings report date?
Millennial Potash’s upcoming earnings report date is Dec 23, 2026 which is in 110 days.
How were Millennial Potash’s earnings last quarter?
Millennial Potash released its earnings results on Aug 04, 2026. The company reported -C$0.03 earnings per share for the quarter.
Is Millennial Potash overvalued?
According to Wall Street analysts Millennial Potash’s price is currently Overvalued.
Does Millennial Potash pay dividends?
Millennial Potash does not currently pay dividends.
What is Millennial Potash’s EPS estimate?
Millennial Potash’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Millennial Potash have?
Millennial Potash has 119,441,460 shares outstanding.
What happened to Millennial Potash’s price movement after its last earnings report?
Millennial Potash reported an EPS of -C$0.03 in its last earnings report. Following the earnings report the stock price went up 0.917%.
Which hedge fund is a major shareholder of Millennial Potash?
Currently, no hedge funds are holding shares in TSE:MLP
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
Millennial Potash Stock Smart Score
Learn more about TipRanks Smart Score
Company Description
Millennial Potash
Millennial Potash Corp. is dedicated to the exploration and assessment of mineral assets across the United States. Furthermore, the company possesses an option to secure a 90% stake in the Banio Potash project, an initiative spanning roughly 1,238 square kilometers and located on Gabon's Atlantic seaboard. Established in 2015, this Vancouver, Canada-headquartered firm adopted its current name, Millennial Potash Corp., in January 2023, having previously operated as Black Mountain Gold USA Corp.