Mkango Resources Stock Today
| MKA Stock | CAD 0.17 0.01 5.56% |
Performance7 of 100
| Odds Of DistressOver 62
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Mkango Resources is selling for under 0.17 as of the 28th of December 2024; that is 5.56 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.17. Mkango Resources has more than 62 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 28th of November 2024 and ending today, the 28th of December 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Mkango Resources Ltd., through its subsidiary, Lancaster Exploration Limited, explores for and develops rare earth elements and associated minerals in the Republic of Malawi, Africa. It also holds 100 percent interests in the Thambani and Chimimbe Hill licenses. The company has 295.04 M outstanding shares of which 686 shares are now shorted by private and institutional investors with about 0.16 days to cover all short positions. More on Mkango Resources
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Mkango Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mkango Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mkango Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Mkango Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mkango Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsMkango Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mkango Resources' financial leverage. It provides some insight into what part of Mkango Resources' total assets is financed by creditors.
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Mkango Resources (MKA) is traded on TSX Venture Exchange in Canada and employs 4 people. Mkango Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 50.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mkango Resources's market, we take the total number of its shares issued and multiply it by Mkango Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mkango Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 295.04 M outstanding shares of which 686 shares are now shorted by private and institutional investors with about 0.16 days to cover all short positions.
Mkango Resources has accumulated about 11.06 M in cash with (3.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
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Ownership AllocationMkango Resources maintains a total of 295.04 Million outstanding shares. Mkango Resources holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Mkango Resources Risk Profiles
Although Mkango Resources' alpha and beta are two of the key measurements used to evaluate Mkango Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.94 | |||
| Semi Deviation | 5.47 | |||
| Standard Deviation | 11.13 | |||
| Variance | 123.89 |
Mkango Stock Against Markets
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Additional Tools for Mkango Stock Analysis
When running Mkango Resources' price analysis, check to measure Mkango Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mkango Resources is operating at the current time. Most of Mkango Resources' value examination focuses on studying past and present price action to predict the probability of Mkango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mkango Resources' price. Additionally, you may evaluate how the addition of Mkango Resources to your portfolios can decrease your overall portfolio volatility.