Mkango Magnetic Materials logo

Mkango Magnetic Materials(OTC) MKNGF

Market Cap$38.82MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2020)-27%
5 Year+52%
1 Year-51%
1 Month-18%
$0.52
+418.20%
+0.42Today
Mkango Magnetic Materials last closing stock price
MetricPriceDate
Last closeUSD 0.522026-10-13
Mkango Magnetic Materials stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-20.28%USD 0.652026-10-06
1 month-17.75%USD 0.632026-09-11
3 month-1.33%USD 0.532026-07-14
Year to date-14.87%USD 0.612025-12-31
1 year-50.65%USD 1.052025-10-13
3 year+306.43%USD 0.132023-07-11
5 year+51.56%USD 0.342021-10-08
Since inception-27.17%USD 0.142020-11-06

Mkango Magnetic Materials Financials at a Glance

Market Cap

$38.82MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$50.91K

Net Income (TTM)

-$16.05M

EPS (TTM)

-$0.04

P/E Ratio

-2.29

Dividend

$0.00

Beta (Volatility)

-1.46 (Low)

Price

$0.52

Volume

500

Open

$0.52

Previous Close

$0.52

Daily Range

$0.52 - $0.52

52-Week Range

$0.03 - $3.00

Estimated Earnings Date

May 3, 2027

MKNGF News

No articles available.

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About Mkango Magnetic Materials

Mkango Resources Ltd. is a Canadian company focused on the exploration and development of rare earth elements and strategic minerals in Malawi, Africa. The company is primarily engaged in its flagship project, the Songwe Hill property, while also holding several other licenses for various minerals.

Products and Services
  • Exploration of rare earth elements, including neodymium and praseodymium
  • Development of strategic minerals such as uranium, tantalum, and niobium
  • Geological surveys targeting deposits of graphite, cobalt, and gold
Growth Outlook
  • Significant potential in the rare earth market driven by global demand
  • Strategic partnerships to enhance exploration capabilities and resource development
  • Expansion plans for additional mineral licenses in Malawi
Financial Highlights
  • Recent quarterly revenue of $50,905, indicating initial sales activity
  • Trailing twelve months (TTM) net income of -$3,104,214, reflecting ongoing investment in growth
  • Cash and cash equivalents of $13,638,507, providing liquidity for future projects
Mkango Resources Ltd. operates in a sector characterized by increasing demand for rare earth elements, essential for various high-tech applications. The company's focus on the Songwe Hill property positions it strategically within the growing market for these critical materials. Recent financial data indicates a commitment to development, despite current losses, as the company invests in its future growth. The liquidity position is robust, allowing for continued exploration and operational activities. As the global landscape shifts towards sustainable technologies, Mkango's initiatives in Malawi may offer significant opportunities for growth and value creation.
AI Generated • Sep 28, 2026

Industry

Metals and Mining

Sector

Materials

CEO

William Dawes, CFA

Website

www.mkango.ca

Headquarters

Vancouver, BC V6C 0A3, CA

MKNGF Financials

Key Financial Metrics (TTM)

Gross Margin

-1072.28%

Operating Margin

-16953.07%

Net Income Margin

-31613.59%

Return on Equity

5723.40%

Return on Capital

N/A

Return on Assets

-59.71%

Earnings Yield

-43.67%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$38.82MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

388.15M

Volume

500

Avg. Volume

3.37K

Financials (TTM)

Gross Profit

-$762.03K

Operating Income

-$8.61M

EBITDA

-$19.51M

Operating Cash Flow

-$6.02M

Capital Expenditure

-$3.07M

Free Cash Flow

-$9.09M

Cash & ST Invst.

$13.64M

Total Debt

$2.45M

Mkango Magnetic Materials Performance Analysis

Mkango Magnetic Materials annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 0N/A
20232023-12-31USD 0N/A
20242024-12-31USD 0N/A
20252025-12-31USD 0N/A
Mkango Magnetic Materials sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30N/A
Q42025-12-31N/A
Q12026-03-31N/A
Q22026-06-30-100.0%
Mkango Magnetic Materials annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.03-33.5%
20232023-12-31USD -0.02-38.8%
20242024-12-31USD -0.00-82.9%
20252025-12-31USD -0.051669.0%
Mkango Magnetic Materials sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-850.0%
Q42025-12-3192.1%
Q12026-03-31130.0%
Q22026-06-30-1022.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$0.00

N/A

Gross Profit

$0.00

+100.0%

Gross Margin

0.00%

N/A

Market Cap

$38.82MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.39M

N/A

Employees

28

N/A

Net Income

-$2.89M

-146.7%

EBITDA

-$2.65M

-160.1%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$13.64M

+1029.0%

Total Debt

$2.45M

+94.5%

Accounts Receivable

$472.45K

-50.6%

Inventory

$11.27K

N/A

Long Term Debt

$1.45M

+34.8%

Short Term Debt

$1.00M

+441.2%

Return on Assets

-59.71%

N/A

Return on Invested Capital

-60.75%

N/A

Free Cash Flow

-$3.10M

-117.7%

Operating Cash Flow

-$1.75M

-175.3%

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Questions About MKNGF

What is the current price of Mkango Magnetic Materials?

Mkango Magnetic Materials is trading at $0.52 per share.

What is the 52-week range for Mkango Magnetic Materials?

Over the past 52 weeks, Mkango Magnetic Materials has traded between $0.03 and $3.00.

How much debt does Mkango Magnetic Materials have?

As of the most recent reporting period, Mkango Magnetic Materials reported total debt of $1.83M.

How much cash does Mkango Magnetic Materials have on hand?

Mkango Magnetic Materials reported $1.21M in cash and cash equivalents in its most recent financial results.

What is Mkango Magnetic Materials’s dividend yield?

Mkango Magnetic Materials does not currently have a dividend yield.

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