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Millennial Potash (TSE:MLP)
:MLP
MLP Stock Chart & Stats
C$3.12
-C$0.02(-4.35%)
At close: 4:00 PM EST
C$3.12
-C$0.02(-4.35%)
Day’s Range― - ―
52-Week RangeC$0.49 - C$3.98
Previous CloseN/A
Volume33.88K
Average Volume (3M)401.17K
Market Cap
C$344.46M
Enterprise ValueC$328.31M
Total Cash (Recent Filing)C$16.27M
Total Debt (Recent Filing)C$120.58K
Price to Earnings (P/E)―
Beta0.86
Next Earnings
May 04, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
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$6.00Price Target Upside92.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.07
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Balance Sheet LeverageExtremely low leverage reduces solvency and refinancing risk during the multi-year exploration phase. Higher equity and asset balances suggest recent financing or asset build that provides runway to progress drilling, resource definition and technical studies without immediate debt pressure.
Successful Recent Financing / Asset BuildA material increase in equity and assets indicates the company has been able to secure capital and deploy it into project assets. That durable ability to raise and invest funds supports continued project development, permitting and study work needed to de-risk a future mine or strategic transaction.
Improving Cash-burn TrendAlthough still negative, operating and free cash flow have improved year-over-year, reflecting tighter spending or more efficient project staging. A sustained reduction in burn extends runway, lowers near-term financing frequency and increases the chance of reaching value-driving milestones before further dilution.
Bears Say
Pre-revenue ProfileBeing pre-revenue means the company's core economics are unproven: commercialisation, production timelines and pricing risk remain unresolved. This structural stage creates a multi‑period dependency on capital markets and delays any sustainable operating cash generation or margin validation.
Reliance On External FundingOngoing negative operating and free cash flow necessitate external financing to fund exploration and development. That structural reliance raises dilution risk, ties project progress to capital market access, and can slow timelines or force less favorable strategic choices if funding becomes constrained.
Negative Returns On CapitalA persistently negative ROE shows current capital deployment destroys value rather than creates it. Until resource economics and scalable production are demonstrated through studies or partners, the company faces structural execution risk and uncertain investor appetite for further capital.
Millennial Potash News
MLP FAQ
What was Millennial Potash’s price range in the past 12 months?
Millennial Potash lowest stock price was C$0.48 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$344.46M.
When is Millennial Potash’s upcoming earnings report date?
Millennial Potash’s upcoming earnings report date is May 04, 2026 which is in 52 days.
How were Millennial Potash’s earnings last quarter?
Currently, no data Available
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?
Currently, no data Available
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$6.00 (92.31% Upside)
C$6.00 (92.31% Upside)
Insider Transactions
Bought Shares
Worth C$2.1M 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
811.11%
12-Months-Change
Fundamentals
Return on Equity
-39.03%
Trailing 12-Months
Asset Growth
128.62%
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$6.00
▲(92.31% Upside)
Technical Analysis
Options Prices
Currently, No data available
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