Shares Magazine
7.10p+0.15 (+2.16%)10 May 2024, 16:06
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Mkango Resources LTD Fundamentals
| Company Name | Mkango Resources LTD | Last Updated | 2024-05-10 |
|---|---|---|---|
| Industry | Other Industrial Metals & Mining | Sector | Basic Materials |
| Shares in Issue | 268.454 m | Market Cap | £19.06 m |
| PE Ratio | 0.00 | Dividend per Share | 0 |
| Dividend Yield | 0 | Dividend Cover | 0 |
| EPS | -$0.02 | EPS Growth (%) | 0 |
| PEG | 0 | DPS Growth (%) | 0 |
| Debt Ratio | 0 | Debt Equity Ratio | 0 |
| Asset Equity Ratio | 2.0374 | Cash Equity Ratio | 0.2185 |
| Quick Ratio | 0.7108 | Current Ratio | 0.71 |
| Price To Book Value | 9.3721 | ROCE | 0 |
Mkango Resources LTD Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|
Mkango Resources LTD Company Financials
| Assets | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible Assets | $1.34 m | $321,962.00 | $40,577.00 |
| Intangible Assets | $6.41 m | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Total Fixed Assets | $7.85 m | $846,519.00 | $718,207.00 |
| Stocks | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 |
| Cash & Equivalents | $996,782.00 | $493,703.00 | $4.45 m |
| Other Assets | 0 | 0 | 0 |
| Total Assets | $9.29 m | $1.53 m | $5.26 m |
| Liabilities | 2023 | 2022 | 2021 |
|---|---|---|---|
| Creditors within 1 year | $2.04 m | $959,671.00 | $1.26 m |
| Creditors after 1 year | $2.70 m | $1.73 m | 0 |
| Other Liabilities | 0 | 0 | 0 |
| Total Liabilities | $4.73 m | $2.69 m | $1.26 m |
| Net assets | $4.56 m | -$1.17 m | $4.00 m |
| Equity | 2023 | 2022 | 2021 |
|---|---|---|---|
| Called up share capital | $43.52 m | $38.38 m | $38.15 m |
| Share Premium | $5.68 m | $5.12 m | $4.16 m |
| Profit / Loss | -$4.24 m | -$5.99 m | -$9.33 m |
| Other Equity | $2.55 m | -$1.17 m | $4.00 m |
| Preference & Minorities | $2.01 m | 0 | 0 |
| Total Capital Employed | $4.56 m | -$1.17 m | $4.00 m |
| Ratios | 2023 | 2022 | 2021 |
|---|---|---|---|
| Debt Ratio | 0 | 0 | 0 |
| Debt-to-Equity | 0 | 0 | 0 |
| Assets / Equity | 2.0374 | 2.0374 | 2.0374 |
| Cash / Equity | 0.2185 | 0.2185 | 0.2185 |
| EPS | -$0.02 | -$0.03 | -$0.04 |
| Cash Flow | 2023 | 2022 | 2021 |
|---|---|---|---|
| Cash from operating activities | -$3.56 m | -$5.14 m | -$7.14 m |
| Cashflow before financing | $2.93 m | -$3.31 m | -$282,582.00 |
| Increase in Cash | $503,079.00 | -$3.95 m | -$477,717.00 |
| Income | 2023 | 2022 | 2021 |
|---|---|---|---|
| Turnover | 0 | 0 | 0 |
| Cost of sales | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 |
| Operating Profit | 0 | 0 | 0 |
| Pre-Tax profit | -$4.24 m | -$5.99 m | -$9.33 m |
Mkango Resources LTD Company Background
| Sector | Basic Materials |
|---|---|
| Activities | Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The Company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project. |
| Latest Interim Date | 24 Aug 2023 |
| Latest Fiscal Year End Date | n/a |
Mkango Resources LTD Directors
| Appointed | Name | Position |
|---|---|---|
| 2021-11-01 | Mr. Adrian James Reynolds | Non-Executive Director |
| 2024-05-10 | Mr. Alexander Mark Lemon | Executive Director,President and Co-Founder |
| 2024-05-10 | Mr. William Drummond Dawes | Executive Director,Chief Executive Officer and Co-Founder |
| 2020-09-14 | Mr. David Andrew Berg | Non-Executive Director,Company Secretary |
| 2019-12-30 | Mr. Eugene Chen | Non-Executive Director |
| 2024-05-10 | Mr. Derek Norman Linfield | Non-Executive Director,Chairman |
| 2023-05-30 | Ms. Susan Ann Muir | Non-Executive Director,Company Secretary |
| 2020-06-03 | Ms. Sandra du Toit | Non-Executive Director |
| 2023-05-30 | Mr. Shaun Reginald Treacy | Non-Executive Director |
| 2023-05-30 | Ms. Philipa Varris | Non-Executive Director |
Mkango Resources LTD Contact Details
| Company Name | Mkango Resources Ltd |
|---|---|
| Address | 550 Burrard Street, Suite 2900, Vancouver, V6C 0A3 |
| Telephone | +1 4034445979 |
| Website | https://www.mkango.ca |
Mkango Resources LTD Advisors
| Financial PR Adviser | Blytheweigh |
|---|---|
| Phone | +44 2071383204 |
| Solicitor | Gowling WLG |
|---|---|
| Phone | +44 2073790000 |
| Fax | +44 2073796854 |
| Auditor | MNP LLP |
|---|---|
| Phone | +1 416 596-1711 |
| Fax | +1 416 596-7894 |
| Registrar | Computershare Trust Company of Canada |
|---|---|
| Phone | +1 403 267 6800 |
| Fax | +1 403 267 6529 |
| Stockbroker | SP Angel |
|---|---|
| Phone | +44 2034700470 |
| Fax | +44 2076291341 |
| Nominated Adviser | SP Angel |
|---|---|
| Phone | +44 2034700470 |
| Fax | +44 2076291341 |
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