Want to see TSE:MKA full AI Analyst Report?
MKA Stock Chart & Stats
C$0.90
C$0.04(25.00%)
At close: 4:00 PM EST
C$0.90
C$0.04(25.00%)
Day’s Range― - ―
52-Week RangeC$0.55 - C$3.01
Previous CloseN/A
Volume75.00K
Average Volume (3M)108.49K
Market Cap
C$288.66M
Enterprise ValueC$234.04
Total Cash (Recent Filing)C$1.22M
Total Debt (Recent Filing)C$1.84M
Price to Earnings (P/E)―
Beta-1.09
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding387,460,300
10 Day Avg. Volume154,966
30 Day Avg. Volume108,494
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-61.40
Price to Sales (P/S)0.00
P/FCF Ratio-30.88
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)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strategic Position In Rare Earths For Clean-techMkango targets rare earths used in permanent magnets, aligning with structural demand from EVs and wind turbines. This end-market orientation supports long-term demand visibility and potential pricing power for magnet materials if projects reach commercial scale, underpinning strategic relevance.
Downstream Processing And Recycling CapabilityPursuing European downstream processing and recycling via partnerships reduces capital and execution burden for Mkango, shortens time to market for processed materials, and creates a potential recurring-margin business (recycling fees/products). This integration de-risks upstream exposure long-term.
Sizable Asset Base With Modest Nominal DebtA meaningful asset base provides collateral and development optionality, while low absolute debt limits immediate solvency pressure. These balance sheet features give Mkango structural capacity to seek project financing or partnership deals, even as equity metrics are weak.
Bears Say
Negative Operating Cash Flow And Ongoing Cash BurnPersistent negative operating and free cash flow means Mkango must rely on external funding to sustain operations and advance projects. Over the medium term, this raises probability of dilutive financings or constrained project timelines, creating structural funding and execution risk for commercialization.
Pre-revenue With Large Reported LossesWith negligible commercial revenue and sizable net losses, Mkango remains an early-stage developer. Until mining or recycling operations deliver recurring sales, profitability and cash generation are unlikely, leaving long-term viability contingent on project execution and securing stable offtake or recycling customers.
Negative Shareholders' Equity And Deteriorated Capital StructureThe move to negative shareholders' equity signals erosion of capital and reduces financial flexibility. This condition can limit access to non-dilutive funding, worsen borrowing terms, and heighten creditor and investor scrutiny, increasing the structural difficulty of funding project development and scaling operations.
Mkango Resources News
MKA FAQ
What was Mkango Resources’s price range in the past 12 months?
Mkango Resources lowest stock price was C$0.55 and its highest was C$3.01 in the past 12 months.
What is Mkango Resources’s market cap?
Mkango Resources’s market cap is C$288.66M.
When is Mkango Resources’s upcoming earnings report date?
Mkango Resources’s upcoming earnings report date is Aug 31, 2026 which is in 38 days.
How were Mkango Resources’s earnings last quarter?
Currently, no data Available
Is Mkango Resources overvalued?
According to Wall Street analysts Mkango Resources’s price is currently Overvalued.
Does Mkango Resources pay dividends?
Mkango Resources does not currently pay dividends.
What is Mkango Resources’s EPS estimate?
Mkango Resources’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Mkango Resources have?
Mkango Resources has 387,460,300 shares outstanding.
What happened to Mkango Resources’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Mkango Resources?
Currently, no hedge funds are holding shares in TSE:MKA
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
Mkango Resources Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Insider Transactions
Bought Shares
Worth C$283.6K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
530.57%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
1.08%
Trailing 12-Months
Company Description
Mkango Resources
Mkango Resources Ltd., operating through its subsidiaries, specializes in the exploration and subsequent development of rare earth elements and related minerals. Their primary operations are situated in the Republic of Malawi, Africa. Beyond its core rare earth activities, the firm also seeks out deposits of a broad spectrum of other valuable resources, including uranium, tantalum, niobium, zircon, nickel, cobalt, rutile, graphite, and gold. Central to its portfolio is the Songwe Hill property, located within the Phalombe exploration license in southeastern Malawi. Furthermore, Mkango maintains full ownership (100% interest) of several other licenses: Thambani, Chimimbe Hill, and Mchinji. The company's corporate headquarters are situated in Vancouver, Canada.
Technical Analysis
Frontier Lithium
―
Lithium Chile Inc
―
Graphite One
―
Canada Nickel Company
―
Lithium Ionic Corp
―