# Mkango Resources Ltd. (MKA.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Basic Materials / Metals & Mining. Price 43p, market value 165 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Mkango Resources Ltd. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / book: 23.0×**. The shares trade at 23.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -4.1%** (5-yr avg -0.1%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Return on equity: 513.7%**. A 513.7% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 149.5%**. Return on all capital, debt included, is 149.5%: comfortably above what that capital costs.
- **Return on assets: -113.2%**. Each dollar of assets produces -113.2% of profit.

## Growth
- **EPS growth (1 yr): -1696.6%**. Earnings per share fell 1696.6%.

## Financial health
- **Net debt / EBITDA: 0.2×**. It would take 0.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -37.1×**. Operating profit covers interest only -37.1×: fragile.
- **Current ratio: 0.27** (quick 0.27). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 3.66**. A Z-score of 3.66 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Mkango Resources Ltd. does not currently pay a dividend, but it returned -9.8% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: strong_buy** (1 analyst). 1 analysts cover Mkango Resources Ltd.; the consensus is strong_buy, with an average price target of 239p (+460% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 8.4%** (YTD -13.2%, 3-mo -3.8%). The shares are up 8.4% over twelve months including dividends.
- **From 52-week high: -48.3%** (39.9% above the low). Trading 48% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 0.60** (volatility 76%). Beta of 0.60 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MKA.L · Page: https://foliofundamentals.com/stocks/mka.l

Not investment advice.