Mkango Resources Ltd. (MKNGF) Research
Mkango Resources Ltd., operating through its various subsidiaries, specializes in the exploration and development of rare earth elements and other strategic minerals within Malawi, Africa. The company's geological surveys also target deposits of uranium, tantalum, niobium, zircon, nickel, cobalt, rutile, graphite, and gold. Its primary undertaking is the Songwe Hill property, located within the Phalombe exploration license in southeastern Malawi. Additionally, Mkango holds complete ownership of the Thambani, Chimimbe Hill, and Mchinji licenses. The firm's corporate headquarters are situated in Vancouver, Canada.
Market snapshot
- Symbol
- MKNGF
- Price
- $0.57
- Day change
- -0.78%
- Market cap
- $213.4M
- P/E ratio
- -13.38x
- 52-week range
- 0.2-3
- 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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