Mkango Resources (MKA) Sets New 12-Month Low at $6.53

Shares of Mkango Resources Ltd (LON:MKA) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 6.53 ($0.09) and last traded at GBX 6.85 ($0.09), with a volume of 258417 shares traded. The stock had previously closed at GBX 6.85 ($0.09).

The stock has a market capitalization of $8.93 million and a P/E ratio of -1.23. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.59 and a current ratio of 1.69.

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About Mkango Resources (LON:MKA)

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 explores for uranium, niobium, tantalum, zircon, nickel, and cobalt ores. The company's principal project is the Songwe Hill property within the Phalombe exploration license, which covers an area of 849.1 square kilometers located in southeast Malawi.

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