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MLP Stock Chart & Stats
C$1.92
-C$0.02(-4.35%)
At close: 4:00 PM EST
C$1.92
-C$0.02(-4.35%)
Day’s Range― - ―
52-Week RangeC$1.38 - C$3.98
Previous CloseN/A
Volume33.88K
Average Volume (3M)401.17K
Market Cap
C$241.15M
Enterprise ValueC$199.43M
Total Cash (Recent Filing)C$28.82M
Total Debt (Recent Filing)C$93.49K
Price to Earnings (P/E)―
Beta1.27
Next Earnings
Aug 04, 2026EPS Estimate
-0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding118,213,200
10 Day Avg. Volume412,868
30 Day Avg. Volume401,173
Financial Highlights & Ratios
PEG Ratio-1.21
Price to Book (P/B)6.32
Price to Sales (P/S)0.00
P/FCF Ratio-86.63
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)-0.14
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage & Rising EquityVery low debt (debt-to-equity ~0.2% TTM) and materially higher equity provide funding flexibility for exploration and development. This reduces refinancing risk, supports staged capital programs, and improves bargaining power for JV or farm-out discussions over the medium term.
Strategic Position In PotashAs a pure-play potash explorer/developer, Millennial Potash targets a commodity with persistent global agricultural demand. Structural fertilizer needs underpin long-term asset value and create clear exit routes (mine development, sale, or JV) that support durable project economics.
Cash Losses Reflect Real Cash Burn (not Large Non-cash Items)TTM free cash flow tracking net losses suggests operating cash burn is the primary driver rather than large non-cash charges. That makes near-term funding needs more predictable and reduces the risk of surprise impairments, aiding planning for financing or partner talks.
Bears Say
Pre-Revenue ProfileThe company has no operating revenues and remains pre-revenue, leaving value dependent on successful project advancement or third-party monetization. This creates multi-year execution risk and means returns hinge on milestone delivery rather than current cash generation.
Persistent Cash BurnConsistent negative operating and free cash flow indicate ongoing liquidity needs to fund exploration and studies. Persistent burn increases reliance on external financing, raising dilution and timing risks that can delay development or reduce project leverage to partners.
Negative Returns On EquityNegative ROE shows shareholder capital is being consumed to advance projects rather than generate profits. This signals low capital efficiency, a longer path to value creation, and greater probability of future equity raises that could dilute existing holders before commercial revenues emerge.
Millennial Potash News
MLP FAQ
What was Millennial Potash’s price range in the past 12 months?
Millennial Potash lowest stock price was C$1.38 and its highest was C$3.98 in the past 12 months.
What is Millennial Potash’s market cap?
Millennial Potash’s market cap is C$241.15M.
When is Millennial Potash’s upcoming earnings report date?
Millennial Potash’s upcoming earnings report date is Aug 04, 2026 which is in 14 days.
How were Millennial Potash’s earnings last quarter?
Millennial Potash released its earnings results on Apr 29, 2026. The company reported -C$0.02 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.02.
Is Millennial Potash overvalued?
According to Wall Street analysts Millennial Potash’s price is currently Overvalued.
Does Millennial Potash pay dividends?
Millennial Potash does not currently pay dividends.
What is Millennial Potash’s EPS estimate?
Millennial Potash’s EPS estimate is -0.03.
How many shares outstanding does Millennial Potash have?
Millennial Potash has 118,213,200 shares outstanding.
What happened to Millennial Potash’s price movement after its last earnings report?
Millennial Potash reported an EPS of -C$0.02 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 28.333%.
Which hedge fund is a major shareholder of Millennial Potash?
Currently, no hedge funds are holding shares in TSE:MLP
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
Millennial Potash Stock Smart Score
Underperform
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
811.11%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
233.56%
Trailing 12-Months
Company Description
Millennial Potash
Millennial Potash Corp. is dedicated to the exploration and assessment of mineral assets across the United States. Furthermore, the company possesses an option to secure a 90% stake in the Banio Potash project, an initiative spanning roughly 1,238 square kilometers and located on Gabon's Atlantic seaboard. Established in 2015, this Vancouver, Canada-headquartered firm adopted its current name, Millennial Potash Corp., in January 2023, having previously operated as Black Mountain Gold USA Corp.