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Mkango Resources TSXV:MKA Stock Report

Last Price

CA$0.15

Market Cap

CA$44.3m

7D

-9.1%

1Y

-14.3%

Updated

18 Dec, 2024

Data

Company Financials

MKA Stock Overview

Explores for and develops rare earth elements and associated minerals in the Republic of Malawi, Africa. More details

MKA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Mkango Resources Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mkango Resources
Historical stock prices
Current Share PriceCA$0.15
52 Week HighCA$0.20
52 Week LowCA$0.08
Beta2.39
1 Month Change25.00%
3 Month Change25.00%
1 Year Change-14.29%
3 Year Change-69.39%
5 Year Change7.14%
Change since IPO-91.67%

Recent News & Updates

Here's Why We're Watching Mkango Resources' (CVE:MKA) Cash Burn Situation

Nov 30
Here's Why We're Watching Mkango Resources' (CVE:MKA) Cash Burn Situation

Recent updates

Here's Why We're Watching Mkango Resources' (CVE:MKA) Cash Burn Situation

Nov 30
Here's Why We're Watching Mkango Resources' (CVE:MKA) Cash Burn Situation

We're Keeping An Eye On Mkango Resources' (CVE:MKA) Cash Burn Rate

Jan 11
We're Keeping An Eye On Mkango Resources' (CVE:MKA) Cash Burn Rate

Does Mkango Resources (CVE:MKA) Have A Healthy Balance Sheet?

Sep 26
Does Mkango Resources (CVE:MKA) Have A Healthy Balance Sheet?

Here's Why We're Watching Mkango Resources' (CVE:MKA) Cash Burn Situation

Jun 28
Here's Why We're Watching Mkango Resources' (CVE:MKA) Cash Burn Situation

Here's Why We're Not Too Worried About Mkango Resources' (CVE:MKA) Cash Burn Situation

Mar 15
Here's Why We're Not Too Worried About Mkango Resources' (CVE:MKA) Cash Burn Situation

Companies Like Mkango Resources (CVE:MKA) Are In A Position To Invest In Growth

Nov 30
Companies Like Mkango Resources (CVE:MKA) Are In A Position To Invest In Growth

Shareholder Returns

MKACA Metals and MiningCA Market
7D-9.1%-9.5%-4.1%
1Y-14.3%18.1%16.7%

Return vs Industry: MKA underperformed the Canadian Metals and Mining industry which returned 19.7% over the past year.

Return vs Market: MKA underperformed the Canadian Market which returned 17.8% over the past year.

Price Volatility

Is MKA's price volatile compared to industry and market?
MKA volatility
MKA Average Weekly Movement33.5%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market2.9%

Stable Share Price: MKA's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: MKA's weekly volatility has increased from 26% to 33% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aWill Dawesmkango.ca

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, corundum, graphite, gold ores, and base metals. The company’s flagship project is the Songwe Hill property within the Phalombe exploration license located in southeast Malawi.

Mkango Resources Ltd. Fundamentals Summary

How do Mkango Resources's earnings and revenue compare to its market cap?
MKA fundamental statistics
Market capCA$44.26m
Earnings (TTM)-CA$3.94m
Revenue (TTM)n/a

0.0x

P/S Ratio

-11.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MKA income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$2.73m
Earnings-US$2.73m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.0092
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MKA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 04:24
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mkango Resources Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution