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Mkango Resources Cmn Shs Npv Di

17:53 on 17/11/2017

Current Price 10.75p | Bid 9.25p | Ask 10.00p | Change -4.94%

Company Overview

Mkango Resources Ltd's primary business is the exploration for rare earth elements and associated minerals in the Republic of Malawi, a country whose hospitable people have earned it a reputation as 'the warm heart of Africa'. Mkango holds, through its wholly owned subsidiary Lancaster Exploration Limited, a 100% interest in two exclusive prospecting licenses in southern Malawi. The main exploration target in the Phalombe licence is the Songwe Hill rare earth deposit, which features carbonatite hosted rare earth mineralisation and was subject to previous exploration in the late 1980s and for which Mkango completed an updated Pre-feasibility study in November 2015.

Stock Details

Shares in Issue 124,695,823
Market cap £ 4.05m
Sector Mining
Indices FTSE AIM All-Share Index

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Price Summary

Mid Price ? 9.63p
Bid Price ? 9.25p
Ask Price ? 10.00p
Volume ? 28913869
Change Today -0.50p
% Change Today -4.94%
Open 10.88p
Previous Close 9.63p
Intraday High 12.84p
Intraday Low 8.71p
52 Week High 0.00p
52 Week Low 0.00p

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