Mkango Resources (TSE:MKA)

:MKA

MKA

Mkango Resources

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Mkango Resources (MKA) Price & Analysis

18 Followers

MKA Stock Chart & Stats

C$0.90

C$0.04(25.00%)

At close: Jan 08 4:00 PM EST

C$0.90

C$0.04(25.00%)

Day’s Range― - ―

52-Week RangeC$0.27 - C$3.01

Previous CloseN/A

Volume75.00K

Average Volume (3M)108.49K

Market Cap

C$305.82M

Enterprise ValueC$242.77M

Total Cash (Recent Filing)C$1.22M

Total Debt (Recent Filing)C$1.84M

Price to Earnings (P/E)―

Beta-1.24

Next Earnings

Aug 31, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.04

Shares Outstanding387,110,300

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

Integrated Mine-to-magnet StrategyMkango’s strategic focus on integrating upstream rare earth assets with downstream processing strengthens its long-term business model. Owning steps across the value chain can secure feedstock, capture more margin, and reduce reliance on third-party processors — a durable competitive positioning if projects progress to commercialization and offtake.

Downstream Processing And Recycling Focus In EuropeBuilding recycling and processing capability in Europe aligns with structural demand for local magnet-materials supply and circularity. European downstream presence plus recycling expertise can create long-term access to customers and regulatory-aligned markets, reducing geopolitical supply risk and supporting recurring revenue potential when scaled.

Meaningful Tangible Assets; Modest Absolute DebtA tangible asset base (~$12.9M TTM) and relatively low absolute debt (~$1.8M) provide balance-sheet levers for project financing, asset-backed funding or partner deals. These attributes offer some creditor comfort and optionality to structure joint ventures or sales, supporting execution if operational milestones are met.

Bears Say

Negative Shareholders' EquityThe shift from positive equity in 2024 to negative TTM equity (~-$2.9M) signals capital erosion and weak financial resilience. Negative equity constrains borrowing capacity, increases counterparties’ perceived risk, and typically forces reliance on dilutive equity raises or partner funding, raising long-term execution and financing risk.

Persistent Operating Cash BurnSustained negative operating cash flow (~-$4.9M TTM) and free cash flow (~-$7.4M TTM) show the business consumes cash to fund operations and investment. This continuing burn necessitates ongoing external funding, increasing dilution risk and creating a structural funding dependency until positive operating cash flow is achieved.

Minimal Revenue And Heavy Net LossesWith negligible reported revenue (~$50.8K TTM) and a large TTM net loss (~$14.3M), the company remains pre-commercial and loss-making. This weak earnings profile raises execution risk for project delivery, prolongs time to self-sustaining cash generation, and increases dependence on partners or capital markets for survival.

Mkango Resources News

Mkango Files Investor Presentation for Crown PropTech Business Combination

Mkango Resources ( ($TSE:MKA) ) has issued an update. Mkango Resources’ subsidiary Mkango Rare Earths Limited has filed...

2d ago

Mkango Subsidiary Files Amended Form F-4 Ahead of Planned Nasdaq Listing

Mkango Resources ( ($TSE:MKA) ) has issued an announcement. Mkango Rare Earths Limited, a wholly owned subsidiary of...

3d ago

Mkango shareholders back all AGM resolutions and incentive plan changes

An update from Mkango Resources ( ($TSE:MKA) ) is now available. Mkango Resources said shareholders approved all resolutions...

7d ago

Mkango-Backed HyProMag USA Secures Texas Hub for Rare Earth Magnet Recycling

An announcement from Mkango Resources ( ($TSE:MKA) ) is now available. Mkango-backed HyProMag USA has taken occupation of...

9d ago

Mkango posts Q1 2026 results as it advances strategic rare earths projects

Mkango Resources ( ($TSE:MKA) ) just unveiled an update. Mkango Resources has published its financial statements and management’s...

11d ago

Mkango Subsidiary Files U.S. Form F-4 Ahead of Nasdaq Listing and Crown PropTech Merger

Mkango Resources ( ($TSE:MKA) ) has issued an announcement. Mkango Resources said its subsidiary Mkango Rare Earths Limited...

22d ago

Mkango to Buy Heraeus Remloy Unit, Expanding Rare Earth Recycling in Germany

Mkango Resources ( ($TSE:MKA) ) just unveiled an announcement. Mkango Resources has agreed to acquire Heraeus Amloy Technologies’...

23d ago

Mkango Seeks Shareholder Backing for Option Plan Changes and TSX-V Oversight Waiver

Mkango Resources ( ($TSE:MKA) ) has provided an announcement. Mkango Resources has called an annual general and special...

28d ago

Mkango’s HyProMag Opens German Magnet Recycling Plant, Bolstering EU Supply Security

Mkango Resources ( ($TSE:MKA) ) has provided an update. Mkango Resources’ subsidiary HyProMag has officially opened a rare...

1M ago

Mkango’s HyProMag Accelerates UK Rare Earth Magnet Recycling and Siemens Tie-Up

Mkango Resources ( ($TSE:MKA) ) just unveiled an update. Mkango’s subsidiary HyProMag is advancing commissioning and scale-up of...

2M ago

MKA FAQ

What was Mkango Resources’s price range in the past 12 months?

Mkango Resources lowest stock price was C$0.27 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$305.82M.

When is Mkango Resources’s upcoming earnings report date?

Mkango Resources’s upcoming earnings report date is Aug 31, 2026 which is in 80 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. Get more investment ideas with TipRanks Premium

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 387,110,300 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

Fundamentals

Return on Equity

9999.00%

Trailing 12-Months

Asset Growth

1.08%

Trailing 12-Months

Top Smart Score Stocks >

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.