Millennial Potash (TSE:MLP)
:MLP
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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$0.97 - C$3.98
Previous CloseN/A
Volume33.88K
Average Volume (3M)401.17K
Market Cap
C$259.45M
Enterprise ValueC$230.72M
Total Cash (Recent Filing)C$28.82M
Total Debt (Recent Filing)C$93.49K
Price to Earnings (P/E)―
Beta1.29
Next Earnings
Aug 04, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding110,403,564
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 Target
C$4.74Price Target Upside146.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.07
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage And Rising EquityVery low debt and materially higher equity improve financial flexibility for an exploration developer. This reduces near-term refinancing pressure, supports continued project studies and permitting, and preserves optionality to fund Banio development over the next several quarters.
Focused Project Pipeline (Banio Potash)A concentrated asset strategy around the Banio project provides clear strategic focus: staged exploration and technical studies aim to de-risk a potential mine. This concentrated development path preserves capital efficiency and creates a tangible pathway to production value over a multiquarter horizon.
Exposure To Durable Fertilizer DemandPotash is a core fertilizer input tied to long-term agricultural demand and population-driven food needs. Millennial Potash’s target end-market is structurally stable, providing enduring demand if the Banio project reaches production, supporting long-term revenue prospects.
Bears Say
Pre-revenue And Widening LossesBeing pre-revenue with rapidly widening net losses signals the company is in a capital-intensive development phase without operational cash inflows. Continued negative profitability erodes returns on equity and implies a prolonged timeline before commercial cash generation is achievable.
Persistent Negative Operating And Free Cash FlowSustained negative operating and free cash flow means the business cannot self-fund exploration or development activity. Ongoing cash burn increases liquidity risk and raises the probability of dilutive financing rounds or project delays if capital access tightens.
Reliance On External Funding Despite Low DebtThough leverage is low, the firm’s execution depends on continued access to capital markets. Repeated equity raises or other financing pose dilution risks and could constrain project timelines if investor appetite falls or financing terms worsen over the medium term.
Millennial Potash News
MLP FAQ
What was Millennial Potash’s price range in the past 12 months?
Millennial Potash lowest stock price was C$0.97 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$259.45M.
When is Millennial Potash’s upcoming earnings report date?
Millennial Potash’s upcoming earnings report date is Aug 04, 2026 which is in 79 days.
How were Millennial Potash’s earnings last quarter?
Millennial Potash released its earnings results on May 04, 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 Undervalued.
Does Millennial Potash pay dividends?
Millennial Potash does not currently pay dividends.
What is Millennial Potash’s EPS estimate?
Millennial Potash’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Millennial Potash have?
Millennial Potash has 110,403,564 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 3.721%.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$4.74 (146.88% Upside)
C$4.74 (146.88% Upside)
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
811.11%
12-Months-Change
Fundamentals
Return on Equity
-32.31%
Trailing 12-Months
Asset Growth
233.56%
Trailing 12-Months
Company Description
Millennial Potash
Millennial Potash Corp. engages in the exploration and evaluation of mineral properties in the United States. It holds an option to acquire a 90% interest in the Banio Potash project covering an area of approximately 1,238 square kilometers located in Atlantic coast of Gabon. The company was formerly known as Black Mountain Gold USA Corp. and changed its name to Millennial Potash Corp. in January 2023. Millennial Potash Corp. was incorporated in 2015 and is headquartered in Vancouver, Canada.
MLP Stock 12 Month Forecast
Average Price Target
C$4.74
▲(146.88% Upside)
Technical Analysis
Options Prices
Currently, No data available
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