Mkango Resources Ltd.

Mkango Resources Ltd. - ROEverified

MKNGF

Price:

$0.5711

Market Cap:

$213.23M

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.

Industry

Industrial Materials

IPO Date

2020-11-06

Stock Exchange

OTC

Ticker

MKNGF

The ROE as of June 2026 (TTM) for Mkango Resources Ltd. (MKNGF) is 750.47%

According to Mkango Resources Ltd.’s latest financial reports and current stock price. The company's current ROE is 750.47%. This represents a change of 1.08% compared to the average of 63.47% of the last 4 quarters.

Mkango Resources Ltd. (MKNGF) Historical ROE (quarterly & annually)

How has MKNGF ROE performed in the past?

The mean historical ROE of Mkango Resources Ltd. over the last ten years is 88.68%. The current 750.47% ROE has changed 746.25% with respect to the historical average. Over the past ten years (40 quarters), MKNGF's ROE was at its highest in in the September 2025 quarter at 271.39%. The ROE was at its lowest in in the June 2022 quarter at -409.71%.

Quarterly (TTM)
Annual

Average

88.68%

Median

-16.96%

Minimum

-170.88%

Maximum

523.63%

Mkango Resources Ltd. (MKNGF) 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 = 624.25%

Maximum Annual ROE = 523.63%

Minimum Annual Increase = -2684.65%

Minimum Annual ROE = -170.88%

Quarterly (TTM)
Annual
YearROEChange
2025523.63%-2684.65%
2024-20.26%-87.28%
2023-159.28%-131.03%
2022513.33%-421.15%
2021-159.84%624.25%
2020-22.07%61.67%
2019-13.65%-92.01%
2018-170.88%-184.69%
2017201.78%3.98%
2016194.06%-367.80%

Mkango Resources Ltd. (MKNGF) Average ROE

How has MKNGF ROE performed in the past?

The current ROE of Mkango Resources Ltd. (MKNGF) 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

114.70%

5-year avg

139.52%

10-year avg

88.68%

Mkango Resources Ltd. (MKNGF) ROE vs. Peers

How is MKNGF’s ROE compared to its peers?

Mkango Resources Ltd.’s ROE is greater than Sovereign Metals Limited (-63.51%), greater than Syrah Resources Limited (-30.65%), greater than Eagle Mountain Mining Limited (-45.95%), greater than Aldebaran Resources Inc. (-7.84%), greater than Lotus Resources Limited (-12.76%), greater than Osisko Metals Incorporated (-0.35%), greater than St. Augustine Gold and Copper Limited (-6.72%), greater than Greenwing Resources Ltd (2.30%), greater than Regulus Resources Inc. (-6.60%), greater than Syrah Resources Limited (-30.65%),

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