Mkango Resources
Mkango Resources Ltd., through its subsidiary, Lancaster Exploration Limited, explores for and develops rare earth elements and associated minerals in the Republic of Malawi, Africa. The last earnings update was 143 days ago. More info.
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- Mkango Resources has significant price volatility in the past 3 months.
MKA Share Price and Events
7 Day Returns
1 Year Returns
MKA Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Mkango Resources (MKA) | -11.1% | -22.6% | -25% | -7.7% | 100% | -70.4% |
| CA Metals and Mining | -2.4% | -0.5% | 8.7% | -7.1% | -4.2% | -18.2% |
| CA Market | 0.6% | 1.9% | 8.1% | 3.6% | 14.8% | 6.7% |
1 Year Return vs Industry and Market
- MKA underperformed the Market in Canada which returned 3.6% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Mkango Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.12.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Mkango Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Mkango Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in USD | $-0.06 |
| TSXV:MKA Share Price ** | TSXV (2019-04-18) in CAD | CA$0.12 |
| TSXV:MKA Share Price converted to USD reporting currency | Exchange rate (CAD/ USD) 0.748 | $0.09 |
| Canada Metals and Mining Industry PE Ratio | Median Figure of 113 Publicly-Listed Metals and Mining Companies | 13.52x |
| Canada Market PE Ratio | Median Figure of 554 Publicly-Listed Companies | 15.17x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Mkango Resources.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = TSXV:MKA Share Price ÷ EPS (both in USD) = 0.09 ÷ -0.06 |
-1.44x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Mkango Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
- Mkango Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does
Mkango Resources's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -1.44x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| Canada Metals and Mining Industry PEG Ratio | Median Figure of 33 Publicly-Listed Metals and Mining Companies | 0.79x |
| Canada Market PEG Ratio | Median Figure of 254 Publicly-Listed Companies | 1.22x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Mkango Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Mkango Resources's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in USD | $0.05 |
| TSXV:MKA Share Price * | TSXV (2019-04-18) in CAD | CA$0.12 |
| TSXV:MKA Share Price converted to USD reporting currency | Exchange rate (CAD/ USD) 0.748 | $0.09 |
| Canada Metals and Mining Industry PB Ratio | Median Figure of 1,082 Publicly-Listed Metals and Mining Companies | 1.35x |
| Canada Market PB Ratio | Median Figure of 2,370 Publicly-Listed Companies | 1.51x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = TSXV:MKA Share Price ÷ Book Value per Share (both in USD) = 0.09 ÷ 0.05 |
1.67x |
* Primary Listing of Mkango Resources.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Mkango Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
Value checks
We assess Mkango Resources's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check) Mkango Resources has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mkango Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare Mkango Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Mkango Resources's earnings growth to the Canada market average as no estimate data is available.
- Unable to compare Mkango Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| Canada Metals and Mining Industry Earnings Growth Rate | Market Cap Weighted Average | 36.2% |
| Canada Metals and Mining Industry Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
| Canada Market Earnings Growth Rate | Market Cap Weighted Average | 18.4% |
| Canada Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | -4 | -7 | |
| 2018-06-30 | -2 | -4 | |
| 2018-03-31 | -1 | -3 | |
| 2017-12-31 | -1 | -3 | |
| 2017-09-30 | -1 | 0 | |
| 2017-06-30 | -1 | -1 | |
| 2017-03-31 | -1 | -1 | |
| 2016-12-31 | -1 | -1 | |
| 2016-09-30 | -1 | -2 | |
| 2016-06-30 | -1 | -1 | |
| 2016-03-31 | -1 | 0 | |
| 2015-12-31 | -1 | 1 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Mkango Resources Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-09-30 | -0.06 |
| 2018-06-30 | -0.04 |
| 2018-03-31 | -0.03 |
| 2017-12-31 | -0.03 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | -0.01 |
| 2017-03-31 | -0.02 |
| 2016-12-31 | -0.01 |
| 2016-09-30 | -0.04 |
| 2016-06-30 | -0.03 |
| 2016-03-31 | 0.01 |
| 2015-12-31 | 0.02 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Mkango Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Mkango Resources's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Mkango Resources has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Mkango Resources performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Mkango Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare Mkango Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Mkango Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
All data from Mkango Resources Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | -6.56 | 5.31 | 0.29 | |
| 2018-06-30 | -4.35 | 2.89 | 0.28 | |
| 2018-03-31 | -2.86 | 2.07 | ||
| 2017-12-31 | -2.53 | 1.38 | ||
| 2017-09-30 | -0.36 | 1.25 | ||
| 2017-06-30 | -0.69 | 1.29 | ||
| 2017-03-31 | -1.13 | 1.24 | ||
| 2016-12-31 | -0.86 | 1.14 | ||
| 2016-09-30 | -1.72 | 1.03 | ||
| 2016-06-30 | -1.38 | 0.91 | ||
| 2016-03-31 | 0.49 | 0.89 | ||
| 2015-12-31 | 0.53 | 0.90 | ||
| 2015-09-30 | 2.90 | 1.20 | ||
| 2015-06-30 | 0.20 | 1.61 | ||
| 2015-03-31 | -2.13 | 2.28 | ||
| 2014-12-31 | -2.31 | 2.52 | ||
| 2014-09-30 | -4.55 | 2.65 | ||
| 2014-06-30 | -2.25 | 2.45 | ||
| 2014-03-31 | -1.91 | 2.20 | ||
| 2013-12-31 | -1.90 | 2.14 | ||
| 2013-09-30 | -2.21 | 2.14 | ||
| 2013-06-30 | -2.06 | 2.13 | ||
| 2013-03-31 | -1.68 | 2.38 | ||
| 2012-12-31 | -2.86 | 3.75 | ||
| 2012-09-30 | -1.93 | 3.29 | ||
| 2012-06-30 | -3.12 | 4.29 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Mkango Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Mkango Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Mkango Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Mkango Resources's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Mkango Resources has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Mkango Resources's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Mkango Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
- Mkango Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Mkango Resources's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 396.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Mkango Resources Company Filings, last reported 6 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 2.28 | 0.01 | 4.52 |
| 2018-06-30 | 4.92 | 0.01 | 6.88 |
| 2018-03-31 | 6.87 | 0.01 | 8.56 |
| 2017-12-31 | -1.25 | 0.01 | 0.69 |
| 2017-09-30 | -0.58 | 0.02 | 0.34 |
| 2017-06-30 | -1.18 | 0.02 | 0.50 |
| 2017-03-31 | -0.88 | 0.01 | 0.67 |
| 2016-12-31 | -0.44 | 0.03 | 0.39 |
| 2016-09-30 | -2.60 | 0.00 | 0.49 |
| 2016-06-30 | -2.26 | 0.03 | 1.12 |
| 2016-03-31 | -1.02 | 0.03 | 0.09 |
| 2015-12-31 | -0.73 | 0.03 | 0.21 |
| 2015-09-30 | -0.47 | 0.05 | 0.33 |
| 2015-06-30 | -0.62 | 0.05 | 0.06 |
| 2015-03-31 | -1.86 | 0.04 | 0.06 |
| 2014-12-31 | -1.68 | 0.01 | 0.16 |
| 2014-09-30 | -3.86 | 0.01 | 0.52 |
| 2014-06-30 | -1.26 | 0.03 | 1.27 |
| 2014-03-31 | -0.15 | 0.00 | 1.43 |
| 2013-12-31 | 0.30 | 0.01 | 0.44 |
| 2013-09-30 | 0.30 | 0.00 | 1.07 |
| 2013-06-30 | 0.75 | 0.00 | 1.42 |
| 2013-03-31 | 0.68 | 0.00 | 0.93 |
| 2012-12-31 | 0.30 | 0.00 | 0.32 |
| 2012-09-30 | 0.61 | 0.02 | 0.65 |
| 2012-06-30 | 0.90 | 0.02 | 1.13 |
- Mkango Resources's level of debt (0.5%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (0% vs 0.5% today).
CASH RUNWAY ANALYSIS
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
- Mkango Resources has less than a year of cash runway based on current free cash flow.
- Mkango Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 54.3% each year.
Financial health checks
We assess Mkango Resources's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Mkango Resources has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Mkango Resources's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
CA$2,000 of
Mkango Resources
shares you are expected to receive
CA$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Mkango Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Mkango Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Canada Metals and Mining Industry Average Dividend Yield | Market Cap Weighted Average of 28 Stocks | 1.1% |
| Canada Market Average Dividend Yield | Market Cap Weighted Average of 331 Stocks | 3.5% |
| Canada Minimum Threshold Dividend Yield | 10th Percentile | 1.2% |
| Canada Bottom 25% Dividend Yield | 25th Percentile | 2% |
| Canada Top 25% Dividend Yield | 75th Percentile | 5.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Mkango Resources has not reported any payouts.
- Unable to verify if Mkango Resources's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Mkango Resources's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Mkango Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Mkango Resources has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $136,615 |
| TENURE AS CEO | 8.3 years |
CEO Bio
Mr. William Dawes is a graduate of Bristol University (BSc Geology) and Royal School of Mines, Imperial College, London (MSc Mineral Exploration with distinction). Having trained as a geologist in South Africa, he worked as a mining analyst based in London and then for Rio Tinto's exploration division. Subsequently, he gained significant global mining transaction experience in the metals and mining team of Robert Fleming & Co, Chase Manhattan Bank and JPMorgan. Mr. Dawes is a Director of Mkango Resources Limited since December 20, 2010. He serves as Director of Leominex, and since 2004 has been involved in the exploration and evaluation of a variety of projects throughout Central Asia, the Middle East and Africa. He has 13 years' experience in exploration and business development and 9 years in mining finance, mergers and acquisitions. He is a Fellow of the Geological Society, a Professional Member of the Institute of Materials, Minerals and Mining and holds the Chartered Financial Analyst designation. He has been an Executive Director of Leo Mining & Exploration Limited and of Lancaster since September 2007.
CEO Compensation
- William's compensation has been consistent with company performance over the past year.
- William's remuneration is about average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the Mkango Resources management team in years:
- The average tenure for the Mkango Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
William Dawes
Co-Founder
$137K
8.3 yrs
Alex Lemon
Co-Founder
$137K
8.3 yrs
Sandra Evans
Chief Financial Officer
$35K
59
7.8 yrs
Board of Directors Tenure
Average tenure and age of the Mkango Resources board of directors in years:
- The tenure for the Mkango Resources board of directors is about average.
Board of Directors
Derek Linfield
Chairman of the Board
$17K
61
5.3 yrs
William Dawes
Co-Founder
$137K
8.3 yrs
Alex Lemon
Co-Founder
$137K
8.3 yrs
Adrian Reynolds
Director
$10K
63
7.8 yrs
Susan Muir
Non-Executive Director
61
0.7 yrs
Sandra du Toit
Non-Executive Director
43
0.7 yrs
Shaun Treacy
Non-Executive Director
0.5 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (CA$) | Value (CA$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 12. Sep 18 | Buy | Susan Muir | Individual | 11. Sep 18 | 11. Sep 18 | 12,000 | CA$0.19 | CA$2,195 | ||
| 11. Sep 18 | Buy | Derek Linfield | Individual | 11. Sep 18 | 11. Sep 18 | 100,000 | CA$0.18 | CA$18,000 | ||
| 12. Sep 18 | Buy | Derek Linfield | Individual | 12. Sep 18 | 12. Sep 18 | 100,000 | CA$0.18 | CA$18,000 | ||
Management checks
We assess Mkango Resources's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Mkango Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Could Mkango Resources Ltd.'s (CVE:MKA) Investor Composition Influence The Stock Price?
Generally speaking, as a company grows, institutions will increase their ownership. … So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Mkango Resources is a smaller company with a market capitalization of CA$21m, so it may still be flying under the radar of many institutional investors.
Simply Wall St - – Full articleCould Mkango Resources Ltd's (CVE:MKA) Investor Composition Influence The Stock Price?
The big shareholder groups in Mkango Resources Ltd (CVE:MKA) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Mkango Resources is a smaller company with a market capitalization of CA$17m, so it may still be flying under the radar of many institutional investors.
Simply Wall St - – Full articleWho Owns Most Of Mkango Resources Ltd (CVE:MKA)?
In this analysis, my focus will be on developing a perspective on Mkango Resources Ltd’s (CVE:MKA) latest ownership structure, a less discussed, but important factor. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … View out our latest analysis for Mkango Resources
Simply Wall St - – Full articleWhat You Must Know About Mkango Resources Ltd's (CVE:MKA) Major Investors
This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: Institutional ownership in MKA is not at a level that would concern investors.
Simply Wall St - – Full articleCan Mkango Resources Ltd (CVE:MKA) Improve Your Portfolio Returns?
A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … MKA's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … I test MKA’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.
Simply Wall St - – Full articleDoes Mkango Resources Ltd's (CVE:MKA) CEO Salary Compared Well With Others?
Check out our latest analysis for Mkango Resources What has MKA's performance been like? … Therefore I will use earnings as a proxy of Dawes's performance in the past year. … Typically I'd use market cap and profit as factors determining performance, however, MKA's negative earnings reduces the effectiveness of this method.
Simply Wall St - – Full articleBasic Materials Industry Trends And Its Impact On Mkango Resources Ltd (TSXV:MKA)
Moreover, the basic materials sector can be affected by shifts in the housing market, as many produced raw materials are components of construction projects. … TSXV:MKA PE PEG Gauge Nov 15th 17 The metals and mining industry is trading at a PE ratio of 11x, lower than the rest of the Canadian stock market PE of 17x. … If MKA has been on your watchlist for a while, now may be the time to enter into the stock, if you like its ability to deliver growth and are not highly concentrated in the metals and mining industry.
Simply Wall St - – Full articleCompany Info
Description
Mkango Resources Ltd., through its subsidiary, Lancaster Exploration Limited, explores for and develops rare earth elements and associated minerals in the Republic of Malawi, Africa. It explores for uranium, niobium, tantalum, zircon, nickel, and cobalt ores. The company’s principal project is the Songwe Hill property within the Phalombe exploration license, which covers an area of 849.1 square kilometers located in southeast Malawi. Mkango Resources Ltd. is headquartered in Vancouver, Canada.
Details
| Name: | Mkango Resources Ltd. |
| MKA | |
| Exchange: | TSXV |
| Founded: | |
| CA$13,748,484 | |
| 114,570,702 | |
| Website: | http://www.mkango.ca |
| Address: |
Mkango Resources Ltd. 550 Burrard Street, Suite 2900, Vancouver, British Columbia, V6C 0A3, Canada |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| TSXV | MKA | Common Shares | TSX Venture Exchange | CA | CAD | 07. Jan 2011 | |
| BST | ZMK | Common Shares | Boerse-Stuttgart | DE | EUR | 07. Jan 2011 | |
| AIM | MKA | Common Shares | London Stock Exchange AIM Market | GB | GBP | 07. Jan 2011 | |
| LSE | MKA | NPV(POST CONSOLIDATION) | London Stock Exchange | GB | GBP | 19. Apr 2019 |
Number of employees
Current staff
Industry
| Diversified Metals and Mining | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/19 00:24 |
| End of day share price update: | 2019/04/18 00:00 |
| Last earnings filing: | 2018/11/27 |
| Last earnings reported: | 2018/09/30 |
| Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
