We recommend to make use of Mkango Resources fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Mkango Resources as well as the relationship between them. We were able to interpolate twenty-eight available fundamentals for Mkango Resources, which can be compared to its peers in the industry. The stock experiences a very speculative upward sentiment. Check odds of Mkango Resources to be traded at C$0.1425 in 90 days. Key indicators impacting Mkango Resources' financial strength include:
Please note, the imprecision that can be found in Mkango Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mkango Resources. Check Mkango Resources' Beneish M Score to see the likelihood of Mkango Resources' management manipulating its earnings.
Mkango Resources Stock Summary
Mkango Resources competes with Midnight Sun, and Montero Mining. Mkango Resources Ltd., through its subsidiary, Lancaster Exploration Limited, explores for and develops rare earth elements and associated minerals in the Republic of Malawi, Africa. It also holds 100 percent interests in the Thambani and Chimimbe Hill licenses. MKANGO RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Mkango Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mkango Stock, because this is throwing your money away. Analyzing the key information contained in Mkango Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mkango Resources Key Financial Ratios
There are many critical financial ratios that Mkango Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mkango Resources reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Mkango Resources's current stock value. Our valuation model uses many indicators to compare Mkango Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mkango Resources competition to find correlations between indicators driving Mkango Resources's intrinsic value. More Info.
Mkango Resources is regarded third in return on equity category among its peers. It is regarded fourth in return on asset category among its peers . At this time, Mkango Resources' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mkango Resources' earnings, one of the primary drivers of an investment's value.
Mkango Resources Systematic Risk
Mkango Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mkango Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Mkango Resources correlated with the market. If Beta is less than 0 Mkango Resources generally moves in the opposite direction as compared to the market. If Mkango Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mkango Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mkango Resources is generally in the same direction as the market. If Beta > 1 Mkango Resources moves generally in the same direction as, but more than the movement of the benchmark.
Mkango Resources Total Assets Over Time
Today, most investors in Mkango Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mkango Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mkango Resources growth as a starting point in their analysis.
Mkango Resources December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mkango Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mkango Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mkango Resources based on widely used predictive technical indicators. In general, we focus on analyzing Mkango Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mkango Resources's daily price indicators and compare them against related drivers.
When running Mkango Resources' price analysis, check to measure Mkango Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mkango Resources is operating at the current time. Most of Mkango Resources' value examination focuses on studying past and present price action to predict the probability of Mkango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mkango Resources' price. Additionally, you may evaluate how the addition of Mkango Resources to your portfolios can decrease your overall portfolio volatility.