MKNGF
Price:
$0.5711
Market Cap:
$213.06M
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
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.
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%.
Average
88.68%
Median
-16.96%
Minimum
-170.88%
Maximum
523.63%
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%
| Year | ROE | Change |
|---|---|---|
| 2025 | 523.63% | -2684.65% |
| 2024 | -20.26% | -87.28% |
| 2023 | -159.28% | -131.03% |
| 2022 | 513.33% | -421.15% |
| 2021 | -159.84% | 624.25% |
| 2020 | -22.07% | 61.67% |
| 2019 | -13.65% | -92.01% |
| 2018 | -170.88% | -184.69% |
| 2017 | 201.78% | 3.98% |
| 2016 | 194.06% | -367.80% |
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.’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%),
| Company | ROE | Market cap |
|---|---|---|
| -63.51% | $272.72M | |
| -30.65% | $117.41M | |
| -45.95% | $7.46M | |
| -7.84% | $234.20M | |
| -12.76% | $93.37M | |
| -0.35% | $773.12M | |
| -6.72% | $114.45M | |
| 2.30% | $11.30M | |
| -6.60% | $340.23M | |
| -30.65% | $126.62M |
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