LSE Equity Snapshot

MKA Weekly Equity Report

Mkango Resources Ltd.

Latest Close 42.90 GBP 12 Jun 2026
1W Return 4.6% latest completed week
4W Return -10.6% short-term follow-through
12W Return -6.7% quarterly tape
Trend Breadth 76.9% 40 of 52 weeks active
Volume Ratio 0.5x vs 13-week average
Company Brief

What the company does

Mkango Resources Ltd., together with its subsidiaries, explores for and develops rare earth elements and associated minerals in Malawi, United Kingdom, and Poland. The company also explores for uranium, tantalum, niobium, rutile, nickel, cobalt, corundum, zircon, ilmenite, gold, graphite, base metals, platinum group metals, vanadium, chromium, and niobium deposits. Its flagship project is the Songwe Hill property which consist of one of a block of eleven retention licences located in southeast Malawi. Mkango Resources Ltd. was formerly known as Lancaster Exploration Limited. The company is based in Vancouver, Canada.

Snapshot

What the weekly tape is saying

MKA closed the latest completed week at 42.90 GBP. The 4-week return is -10.6% and the 12-week return is -6.7%. Trend Signal is inactive, Market Dynamics is -0.28. Setup signature: Risk-first tape with a 23/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -10.4%
Volume 0.5x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 42 Persistence of active Trend Signal over the last year and current streak.
Momentum 19 Blend of 4-week and 12-week follow-through.
Dynamics 50 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 2 Relative leadership and short-term RS change.
Volume 22 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
47.90 GBP
Vs Trend Line
-10.4%
Fair Value
21.01 GBP
Vs Fair Value
104.2%
52W High
82.50 GBP
52W Low
14.12 GBP
Drawdown
-48.0%
Range Position
42.1%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W 4.6%
4W -10.6%
12W -6.7%
26W -17.5%
52W 160.0%

Trend read

Active Streak
0 weeks
52W Active Weeks
40
52W Active Breadth
76.9%
Sector Scope
GB Basic Materials
Sector Rank
22 of 171
Sector Percentile
87.6%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.28
4W MD Change
58.5%
Relative Strength
-9.99
4W RS Change
-222.1%
Expectation
Negative
Probability
34.80%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
5.4M
13W Average
10.2M
52W Average
10.9M
Vs 13W
0.5x
Vs 52W
0.5x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
11.5%
52W Volatility
18.7%
Upside Weeks
24
Downside Weeks
28
Downside Breadth
53.8%
Avg Gain / Loss
16.6% / -8.2%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
LSE
Country
GB
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Currency
GBP
Market Cap
189.5M

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.
  • Latest weekly return ranks in the strongest part of its sector group.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 42.90 GBP 4.6% 47.90 GBP 21.01 GBP -0.28 -9.99 5.4M Off
5 Jun 2026 41.00 GBP -16.2% 48.05 GBP 20.80 GBP -0.27 -12.29 9.1M Off
29 May 2026 48.90 GBP -9.4% 48.20 GBP 20.61 GBP -0.36 5.12 3.7M Off
22 May 2026 54.00 GBP 12.5% 48.71 GBP 20.37 GBP -0.49 16.82 12.2M Off
15 May 2026 48.00 GBP 7.9% 49.11 GBP 20.09 GBP -0.66 8.19 8.3M Off
8 May 2026 44.50 GBP -3.3% 49.44 GBP 19.86 GBP -0.66 1.20 7.0M Off
1 May 2026 46.00 GBP -6.9% 49.92 GBP 19.64 GBP -0.56 4.42 10.4M Off
24 Apr 2026 49.40 GBP 22.0% 50.01 GBP 19.41 GBP -0.63 13.22 19.8M Off
17 Apr 2026 40.50 GBP 3.8% 49.84 GBP 19.16 GBP -0.86 -8.56 17.9M Off
10 Apr 2026 39.00 GBP 13.0% 49.65 GBP 18.97 GBP -1.00 -10.80 19.1M Off
3 Apr 2026 34.50 GBP -13.8% 49.48 GBP 18.79 GBP -1.04 -19.23 10.1M Off
27 Mar 2026 40.00 GBP -13.0% 49.57 GBP 18.64 GBP -0.84 -1.34 5.3M Off
20 Mar 2026 46.00 GBP -5.7% 49.60 GBP 18.46 GBP -0.50 15.44 4.5M On
13 Mar 2026 48.80 GBP -8.8% 49.46 GBP 18.24 GBP -0.31 20.23 4.7M On