Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
MKA.V
STRONG SELLREMOVEMkango Resources Ltd. · Basic Materials · Canada · $230M · Avg Vol: $32K/d
Mkango Resources is a mineral exploration company focused on rare earth elements in Malawi. While critical minerals are a key second-order theme, Mkango is an early-stage, pre-revenue explorer with high capital requirements and no current cash flows, failing our quality and margin of safety criteria.
COMPANY DESCRIPTION
Mkango Resources Ltd. is a mineral exploration and development company focused on rare earth elements, with its flagship Songwe Hill project in Malawi. The company is vertically integrated, developing both the mining asset and downstream rare earth separation and recycling capabilities in Europe and the UK. Mkango's competitive advantage is its strategic alignment with Western supply chain security initiatives for critical green transition metals.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | — |
| EPS | -0.03 | -0.02 | -0.00 | -0.05 | — |
| Shares | 215.2M | 253.5M | 297.1M | 347.2M | +61.3% |
| Debt | 1.6M | 0 | 1.2M | 1.7M | 2.2% |
| Equity | -1.2M | 2.5M | 3.9M | -3.3M | 52.3% |
| Op CF | -5.1M | -3.6M | -2.1M | -4.2M | — |
| Inv CF | -0.2M | -2.0M | -0.7M | -2.5M | — |
| Fin CF | 1.8M | 6.5M | 2.9M | 8.5M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of MKA.V are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| MKA.V | Mkango Resources Ltd.(you) | $230M | 1 | STRONG SELL |
| ERD.TO | Erdene Resource Development Corporation | $230M | 5 | STRONG SELL |
| AAG.V | Aftermath Silver Ltd. | $166M | 1 | STRONG SELL |
| AHR.V | Amarc Resources Ltd. | $161M | 1 | STRONG SELL |
| PNPN.V | Power Metallic Mines Inc. | $176M | 4 | STRONG SELL |
| TI.TO | Titan Mining Corporation | $220M | 9 | STRONG SELL |
| LIB.V | LibertyStream Infrastructure Partners Inc. | $213M | 10 | STRONG SELL |
| CNC.V | Canada Nickel Company Inc. | $246M | 11 | STRONG SELL |
| MLP.V | Millennial Potash Corp. | $155M | 5 | STRONG SELL |
| BMM.V | Black Mammoth Metals Corporation | $139M | 3 | STRONG SELL |
Peer medians: ROE -11.7% · P/E 15.4x · Gross margin 0.0%