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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$0.38 - C$3.01
Previous CloseN/A
Volume75.00K
Average Volume (3M)108.49K
Market Cap
C$302.22M
Enterprise ValueC$228.76M
Total Cash (Recent Filing)C$1.22M
Total Debt (Recent Filing)C$1.84M
Price to Earnings (P/E)―
Beta-1.30
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 Mine-to-magnet IntegrationMkango's explicit strategy to integrate upstream rare earth assets with downstream magnet-related processing creates a durable business model advantage. Vertical integration can capture more value across the chain, improve margin control once commercialized, and better secure offtake relationships in EV and wind supply chains.
Downstream Recycling Presence In EuropePursuing European recycling and processing capabilities addresses structural supply risks and aligns with regional critical-minerals policies. Local downstream facilities and partnerships can shorten customer lead times, reduce geopolitical exposure, and position Mkango to monetize recovered magnet materials as circular-demand grows.
Meaningful Asset Base With Modest Absolute DebtA tangible asset base of ~12.9M provides collateral and project value that can be used in financing or joint ventures. Combined with modest absolute debt, this supports the company’s ability to structure project financing or partner deals, mitigating but not eliminating capital access challenges while projects advance.
Bears Say
Negative Shareholders' EquityThe shift to negative equity reduces financial flexibility and increases the likelihood of dilution or restructurings. Negative equity distorts leverage ratios, weakens creditor comfort, and can raise funding costs or limit access to traditional lenders, making sustained project development more dependent on partner capital.
Persistent Cash Burn And Negative Operating Cash FlowOngoing negative operating and free cash flow signal structural funding needs to sustain operations and advance projects. Continued cash burn increases execution risk, forces dependence on external financing or dilutive equity, and can delay permitting, construction or downstream scale-up if capital markets or partners tighten.
Minimal Commercial Revenue And Worsening ProfitabilityWith negligible revenue and a materially larger TTM loss, the company's economics remain unproven. Persistent losses reduce runway and make the business outcome contingent on successful project commercialization and offtake contracts; failure to achieve these milestones would sustain funding and viability pressure.
Mkango Resources News
MKA FAQ
What was Mkango Resources’s price range in the past 12 months?
Mkango Resources lowest stock price was C$0.38 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$302.22M.
When is Mkango Resources’s upcoming earnings report date?
Mkango Resources’s upcoming earnings report date is Aug 31, 2026 which is in 59 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
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
530.57%
12-Months-Change
Fundamentals
Return on Equity
9999.00%
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
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Options Prices
Currently, No data available
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