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Mkango Resources TSXV:MKA Stock Report

Last Price

CA$0.13

Market Cap

CA$33.6m

7D

0%

1Y

-28.6%

Updated

02 Jun, 2024

Data

Company Financials

MKA Stock Overview

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

MKA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Mkango Resources Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mkango Resources
Historical stock prices
Current Share PriceCA$0.13
52 Week HighCA$0.27
52 Week LowCA$0.085
Beta2.01
1 Month Change13.64%
3 Month Change31.58%
1 Year Change-28.57%
3 Year Change-75.00%
5 Year Change-26.47%
Change since IPO-93.06%

Recent News & Updates

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

Recent updates

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
7D0%-0.2%-0.4%
1Y-28.6%8.2%11.4%

Return vs Industry: MKA underperformed the Canadian Metals and Mining industry which returned 8.2% over the past year.

Return vs Market: MKA underperformed the Canadian Market which returned 11.4% over the past year.

Price Volatility

Is MKA's price volatile compared to industry and market?
MKA volatility
MKA Average Weekly Movement9.2%
Metals and Mining Industry Average Movement10.8%
Market Average Movement8.7%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: MKA's weekly volatility has decreased from 19% to 9% 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$33.56m
Earnings (TTM)-CA$5.53m
Revenue (TTM)n/a

0.0x

P/S Ratio

-6.1x

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$4.06m
Earnings-US$4.06m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.015
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MKA perform over the long term?

See historical performance and comparison
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