Mkango Resources Ltd.

Mkango Resources Ltd.verified

MKA.V

Price:

$0.105

Market Cap:

$22.19M

Mkango Resources Ltd., together with its subsidiaries, explores for and develops rare earth elements and associated minerals in the Republic of Malawi, Africa. It explores for uranium, tantalum, niobium, zircon, nickel, cobalt, rutile, graphite, and gold ores. The company's flagship project is the Songwe Hill property within the Phalombe exploration license located in southeast Malawi. It also holds 100% interests in the Thambani, Chimimbe Hill, and Mchinji licenses. The company is based in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2011-01-25

Stock Exchange

TSXV

Ticker

MKA.V

The ROE as of November 2024 (TTM) for Mkango Resources Ltd. (MKA.V) is -202.44%

According to Mkango Resources Ltd.’s latest financial reports and current stock price. The company's current ROE is -202.44%. This represents a change of 269.69% compared to the average of -54.76% of the last 4 quarters.

Mkango Resources Ltd. (MKA.V) Historical ROE (quarterly & annually)

How has MKA.V ROE performed in the past?

The mean historical ROE of Mkango Resources Ltd. over the last ten years is 49.62%. The current -202.44% ROE has changed -508.02% with respect to the historical average. Over the past ten years (40 quarters), MKA.V's ROE was at its highest in in the March 2016 quarter at 227.27%. The ROE was at its lowest in in the June 2022 quarter at -522.56%.

Quarterly (TTM)
Annual

Average

49.62%

Median

-17.86%

Minimum

-169.34%

Maximum

513.32%

Mkango Resources Ltd. (MKA.V) ROE by Quarter and Year

Discovering the peaks and valleys of Mkango Resources Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 667.44%

Maximum Annual ROE = 513.32%

Minimum Annual Increase = -403.12%

Minimum Annual ROE = -169.34%

Quarterly (TTM)
Annual
YearROEChange
2023-159.28%-131.03%
2022513.32%-403.12%
2021-169.34%667.44%
2020-22.07%61.67%
2019-13.65%-87.98%
2018-113.57%-156.28%
2017201.79%4.00%
2016194.03%-367.77%
2015-72.46%-152.75%
2014137.37%-121.52%

Mkango Resources Ltd. (MKA.V) Average ROE

How has MKA.V ROE performed in the past?

The current ROE of Mkango Resources Ltd. (MKA.V) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

61.57%

5-year avg

29.80%

10-year avg

49.62%

Mkango Resources Ltd. (MKA.V) ROE vs. Peers

How is MKA.V’s ROE compared to its peers?

Mkango Resources Ltd.’s ROE is less than Midnight Sun Mining Corp. (0%), less than null (0%), greater than null (-16.80%), less than null (0%), less than null (0%),

CompanyROEMarket cap
0%$81.16M
0%$0
-16.80%$0
0%$0
0%$0

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