Mkango Resources Ltd MKNGF

Morningstar Rating
$0.58 +0.23 (64.74%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

MKNGF is trading within a range we consider fairly valued.
Price
$0.58
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation

Trading Information

Previous Close Price
$0.35
Day Range
$0.580.58
52-Week Range
$0.223.00
Bid/Ask
$0.35 / $0.60
Shares Outstanding
387.60M
Market Cap
$223.41M
Volume/Avg
500 / 4,297

Key Statistics

Price/Earnings (Normalized)
Price/Sales
3,793.42
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project. The company operates in three reportable segments: Rare earths recycling projects; Rare earths mining and refining projects; and Corporate. Geographically, it operates in United Kingdom; Malawi; Germany; and Poland. It derives maximum revenue from Germany.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Small Growth
Total Number of Employees

Valuation

Metric
MKNGF
Price/Earnings (Normalized)
Price/Book Value
Price/Sales
3,793.42
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
MKNGF
Quick Ratio
0.14
Current Ratio
0.14
Interest Coverage
−49.86
Quick Ratio
MKNGF

Profitability

Metric
MKNGF
Return on Assets (Normalized)
−55.02%
Return on Equity (Normalized)
Return on Invested Capital (Normalized)
−196.22%
Return on Assets
MKNGF

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