Mkango Resources Ltd. (LON:MKA - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 20 ($0.27) and last traded at GBX 20 ($0.27), with a volume of 2223648 shares traded. The stock had previously closed at GBX 18.65 ($0.25).
Mkango Resources Stock Down 1.8 %
The firm has a market cap of £82.24 million, a price-to-earnings ratio of -24.82 and a beta of 2.17. The business has a 50 day moving average price of GBX 12.92 and a 200-day moving average price of GBX 9.71.
About Mkango Resources
(
Get Free Report)
Mkango's corporate strategy is to develop new sustainable primary and secondary sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric vehicles, wind turbines and other clean technologies. This integrated Mine, Refine, Recycle strategy differentiates Mkango from its peers, uniquely positioning the Company in the rare earths sector.
Mkango released a Feasibility Study for Songwe Hill, Malawi, in July 2022.
Recommended Stories
Before you consider Mkango Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mkango Resources wasn't on the list.
While Mkango Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
