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Mkango Resources Ltd.TSXV:MKA Stock Report

Market Cap CA$321.6m
Share Price
CA$0.79
CA$4.46
82.3% undervalued intrinsic discount
1Y150.8%
7D-12.2%
1D
Portfolio Value
View

Mkango Resources Ltd.

TSXV:MKA Stock Report

Market Cap: CA$321.6m

Mkango Resources (MKA) Stock Overview

Engages in exploration and development of rare earth elements and associated minerals in Malawi, United Kingdom, and Poland. More details

MKA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health2/6
Dividends0/6

MKA Community Fair Values

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Mkango Resources Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mkango Resources
Historical stock prices
Current Share PriceCA$0.79
52 Week HighCA$3.01
52 Week LowCA$0.27
Beta1.7
1 Month Change-1.25%
3 Month Change-22.55%
1 Year Change150.79%
3 Year Change338.89%
5 Year Change41.07%
Change since IPO-56.11%

Recent News & Updates

Recent updates

Analysis Article Aug 01

Will Mkango Resources (CVE:MKA) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Nov 30

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

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 11

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

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Sep 26

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 28

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

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, Mkango Resources...
Analysis Article Mar 15

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

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Nov 30

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

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

Shareholder Returns

MKACA Metals and MiningCA Market
7D-12.2%0.8%1.8%
1Y150.8%79.5%33.9%

Return vs Industry: MKA exceeded the Canadian Metals and Mining industry which returned 79.5% over the past year.

Return vs Market: MKA exceeded the Canadian Market which returned 32.3% over the past year.

Price Volatility

Is MKA's price volatile compared to industry and market?
MKA volatility
MKA Average Weekly Movement10.8%
Metals and Mining Industry Average Movement11.4%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.9%

Stable Share Price: MKA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MKA's weekly volatility has decreased from 39% to 11% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aWill Dawesmkango.ca

Mkango Resources Ltd., together with its subsidiaries, engages in exploration and development of rare earth elements and associated minerals in Malawi, United Kingdom, and Poland. The company also explores for uranium, tantalum, niobium, rutile, nickel, cobalt, corundum, zircon, ilmenite, gold, graphite, base metals, platinum group metals, vanadium, chromium, neodymium, praseodymium, dysprosium, terbium, monazite, and niobium deposits. Its flagship project is the Songwe Hill property which consist of one of a block of eleven retention licences 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$321.59m
Earnings (TTM)-CA$19.90m
Revenue (TTM)CA$71.77k
4,265x
P/S Ratio
-15.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MKA income statement (TTM)
RevenueUS$51.62k
Cost of RevenueUS$65.14k
Gross Profit-US$13.52k
Other ExpensesUS$14.30m
Earnings-US$14.31m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.037
Gross Margin-26.19%
Net Profit Margin-27,719.61%
Debt/Equity Ratio-144.8%

How did MKA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 06:04
End of Day Share Price 2026/06/04 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Mkango Resources Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Roger BellHannam & Partners (Advisory) LLP