Mkango Resources Ltd. (MKA.V) Research
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.
Market snapshot
- Symbol
- MKA.V
- Price
- $0.78
- Day change
- -2.50%
- Market cap
- $213.5M
- P/E ratio
- -12.49x
- 52-week range
- 0.27-3.01
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Next earnings
- in 2 months
Recent news
- Mkango Resources shares rise 5% after £12.5m raise to fund German acquisition
Shares in Mkango Resources Ltd (AIM:MKA, TSX-V:MKA, OTC:MKNGF) rose 5% to 37.1p on Friday after the rare earths company closed a £12.5 million investment...
- Mkango Resources closes £12.5m fundraise
Mkango Resources Ltd (AIM:MKA, TSX-V:MKA, OTC:MKNGF), the rare earths company, has closed a £12.5 million investment round to fund a potential acquisition...
- Shares slide after Mkango Resources completes £12.5m fundraise, but oversubscription signals longer-term confidence
The AIM-listed rare earths company upsized its placing after strong demand, though shares fell back on dilution concerns. Shares in Mkango Resources Ltd...
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