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Millennial Potash Corp. Stock AnalysisComprehensive stock analysis for Millennial Potash Corp. (MLP.V) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisMLP.V
MLP.V
Millennial Potash Corp.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
MLP.V
Home🔹Stocks🔹Millennial Potash Corp.

Millennial Potash Corp.

FRC Coverage
🇨🇦MLP.V•TSXV

Millennial Potash Corp.

FRC Coverage
🇨🇦MLP.V•TSXV
Sentiment

Your view on MLP.V

Sentiment
Your view
MLP.V
Millennial Potash Corp.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
MLP.V
Company Overview

Overview

What the company does, where it operates, and who runs it.

*Millennial Potash Corp. has paid FRC a fee for research coverage and distribution of reports.

About Millennial Potash Corp.

Industry
Other Industrial Metals & Mining
Sector
Basic Materials
CEO
Jason Wilkinson BSc, CSci, MIMMM, MSc
Headquarters
1455 Bellevue Avenue, Vancouver, BC, CA
Industry
Other Industrial Metals & Mining
Sector
Basic Materials
CEO
Jason Wilkinson BSc, CSci, MIMMM, MSc
Headquarters
1455 Bellevue Avenue, Vancouver, BC, CA
Description

Millennial Potash Corp. engages in the acquisition, exploration, and development of mineral properties with a primary focus on potash deposits. It holds an option to acquire a 100% interest in the Banio Potash project located on the Atlantic coast of Gabon, Western Africa.

FRC Research
Buy
Fair Value Estimate
CAD$4.74

Big Catalysts Ahead as Middle East Tensions Tighten Potash Supply

Report · Mar 21, 2026

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FRC Research
Buy
Fair Value Estimate
CAD$4.74

Big Catalysts Ahead as Middle East Tensions Tighten Potash Supply

Report · Mar 21, 2026

Sign in to view

FRC Research

Research Reports

FRC analyst coverage and recommendations.

Past Reports

Historical coverage archive.

Analyst Notes

Ongoing commentary and updates from FRC analysts.

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks the stock is worth vs. the current price.

FRC's fair value estimate for Millennial Potash Corp., and the rating behind it. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Millennial Potash Corp.. Starting points for Millennial Potash Corp.: EPS -C$0.12, beta 1.46 — an Other Industrial Metals & Mining name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Millennial Potash Corp.. Millennial Potash Corp. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Millennial Potash Corp.. Trailing twelve-month EPS for Millennial Potash Corp. stands at -C$0.12. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Millennial Potash Corp.. Millennial Potash Corp. has reported as a listed company since 2020. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Millennial Potash Corp. valued side by side against its closest peers. Millennial Potash Corp. is measured against Other Industrial Metals & Mining peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Which funds and firms own the stock.

Which institutions hold Millennial Potash Corp., and how their positions are changing. At a C$334.3M market value, institutional positions materially move Millennial Potash Corp.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.

Insider Trading

Recent buying and selling by company executives.

Buying and selling by Millennial Potash Corp. executives and directors. Shares of Millennial Potash Corp. have traded between C$0.27 and C$3.49 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.

Senate Trading

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Millennial Potash Corp.. Millennial Potash Corp. is a C$334.3M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely.

House Trading

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Millennial Potash Corp.. Representatives' reported transactions in this security, shown next to the company's fundamentals.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Millennial Potash Corp.. Coverage tracks Millennial Potash Corp. within Other Industrial Metals & Mining (Basic Materials). Press releases and market coverage, newest first.

Peer companies

  • AHR.V — Amarc Resources Ltd.
  • BYN.V — Banyan Gold Corp.
  • DMX.V — District Metals Corp.
  • LUCA.V — Luca Mining Corp.
  • MMA.V — Midnight Sun Mining Corp.
  • PNPN.V — Power Metallic Mines Inc.
  • SFR.V — Sandfire Resources America Inc.
  • SLVR.V — Silver Tiger Metals Inc.

More Other Industrial Metals & Mining companies

  • GRDM.V — Grid Metals Corp.
  • GRG.V — Golden Arrow Resources Corporation
  • HAN.V — Hannan Metals Ltd.
  • ION.V — Ion Energy Ltd.
  • LIT.V — Argentina Lithium & Energy Corp.
  • LITH.V — Lithium Chile Inc.
  • LKE.AX — Lake Resources NL
  • LMR.V — Lomiko Metals Inc.

Research Reports

6 reports

*Millennial Potash Corp. has paid FRC a fee for research coverage and distribution of reports.

Mar 21, 2026

Big Catalysts Ahead as Middle East Tensions Tighten Potash Supply

Explore MLP's latest report on potash supply challenges, institutional backing, and expanded project areas amid rising Middle East tensions.

Thumbnail for Big Catalysts Ahead as Middle East Tensions Tighten Potash Supply
Nov 22, 2025

Transformational Resource Growth / Rising M&A Potential

MLP is up 972% YoY, ranking among the top-performing junior resource stocks globally.

Thumbnail for Transformational Resource Growth / Rising M&A Potential
Aug 12, 2025

Tight Potash Market and Strategic U.S. DFC Funding Boost Valuation

Millennial Potash’s Banio project gains US$3M DFC funding. Report highlights market trends, infrastructure progress.

Thumbnail for Tight Potash Market and Strategic U.S. DFC Funding Boost Valuation
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3 reports
Feb 1, 2024

Expands and Upgrades a Large Potash Resource in Africa

PDF
Mar 16, 2023

A Low-Cost Alternative for Africa and Brazil’s Fertilizer Demand – Resuming Coverage

PDF
Oct 6, 2021

Management Just Sold a Company for $377 Million; This is Their Next Focus – Initiating Coverage

PDF
14 notes

*Millennial Potash Corp. has paid FRC a fee for research coverage and distribution of reports.

Mar 2, 2026·5 months agoLatest
Company Announcement

Strategically expands land package of Banio potash project (Gabon)

FRC Analyst's Comment

MLP has secured a new exploration permit covering 261 km², adjacent to the company’s main exploration permit, bringing the total area of the project to 1,500 km². The new permit is strategically important, as it covers a coastal road and provides access to the ocean, offering potential infrastructure routes that could support project development.

A 2024 independent study (PEA) indicated the project could support 25 years of production, with an after-tax NPV10% of US$1.1B. MLP’s MCAP of US$222M suggests the shares are trading at only about 20% of the project’s NPV, highlighting significant potential upside. We believe an updated resource estimate in 2025 has improved the project economics presented in the 2024 study. MLP plans additional drilling this year, followed by a resource update ahead of an advanced economic study (feasibility study).

Mar 2, 20265 months agoLatest
Jan 19, 2026·7 months ago
Company Announcement

Announces $15.25M bought deal financing

FRC Analyst's Comment

MLP is up 528% since we initiated coverage in March 2023. Potash was recently added to the U.S. Critical Minerals List to reduce reliance on imports from Russia and Belarus. A 2024 independent study (PEA) on MLP’s Banio potash project in Gabon showed the project could support 25 years of production, with an after-tax NPV10% of US$1.1B, while MLP is currently trading at only 25% of this value, indicating potential upside. Funds will be primarily used for a feasibility study, the next detailed step after a PEA, which will show whether the project can be built and run profitably.

Jan 19, 20267 months ago
Nov 17, 2025·9 months ago
Company Announcement
Reports significant increase in resource estimate (QP: Sebastiaan van der Klauw, EurGeol, of ERCOSPLAN, and Peter J. MacLean, Ph.D., P. Geo, Director of MLP)
FRC Analyst's Comment
Positive - We view the updated resource estimate as a major milestone. Measured and indicated resources have increased by 275%, and inferred resources by 210%. We believe this growth could support a higher production profile than assumed in the 2024 Preliminary Economic Assessment (PEA), significantly improving project economics. The 2024 PEA reported robust economics, with an after-tax NPV10% of US$1.1 B using a long-term granular Muriate of Potash (gMOP) price of US$387/t (spot price: US$352/t). MLP is trading at just 17% of its NPV, and we plan to publish a detailed update shortly, adjusting our fair value estimate to incorporate the latest resource.
Nov 17, 20259 months ago
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News

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