Mkango Resources (LSE:MKA) Tax Rate %: -66.67% (As of Mar. 2026)

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LSE:MKA Mkango Resources Ltd LSE:MKA
31 GF Score
Price £0.40
! 4 Warning Signs
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What is Mkango Resources Tax Rate %?

Mkango Resources LSE:MKA +2.07% 31 Tax Rate % is -66.67% as of Mar. 2026. GuruFocus rates LSE:MKA with a GF Score™ of 31/100. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mkango Resources's Tax Expense for the three months ended in Mar. 2026 was £-0.03 Mil. Mkango Resources's Pre-Tax Income for the three months ended in Mar. 2026 was £0.04 Mil. Therefore, Mkango Resources's Tax Rate % for the quarter that ended in Mar. 2026 was -66.67%.

Mkango Resources Tax Rate % Related Terms

Mkango Resources Tax Rate % Historical Data

* Premium members only.

The historical data trend for Mkango Resources's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mkango Resources Tax Rate % Chart

Mkango Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.40 25.28 0.81

Mkango Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.40 2.94 0.29 2.51 -66.67
LSE:MKA
31GF Score
Mkango Resources Ltd LSE:MKA
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mkango Resources Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Mkango Resources's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=-0.107/-13.288
=0.81 %

Mkango Resources's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=-0.026/0.039
=-66.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -66.67% mean?
Mkango Resources (LSE:MKA) has a Tax Rate % of -66.67% as of Mar. 2026.
Is Mkango Resources' Tax Rate % too high?
Mkango Resources' current Tax Rate % is -66.67%. Overall, Mkango Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Mkango Resources' Tax Rate % compare to competitors?
Mkango Resources' Tax Rate % of -66.67% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Mkango Resources's current Tax Rate % is -66.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mkango Resources stock overvalued right now?
Mkango Resources (LSE:MKA) has a current Tax Rate % of -66.67%. The current Tax Rate % is -66.67%. Mkango Resources' overall GF Score™ is 31/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Mkango Resources (LSE:MKA), the current Tax Rate % is -66.67% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mkango Resources Business Description

Address 550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project. The company operates in three reportable segments: Rare earths recycling projects; Rare earths mining and refining projects; and Corporate. Geographically, it operates in United Kingdom; Malawi; Germany; and Poland. It derives maximum revenue from Germany.
31GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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