Company Overview:

Mongoose Mining Ltd. (CSE: MNG) is engaged in the acquisition, exploration, and evaluation of mineral properties. Mongoose Mining, through its wholly-owned subsidiary Spark Minerals Inc., is the holder of exploration licences to explore an area covering approximately 3,264 hectares or 32.64 km2, located in Londonderry and Debert, Nova Scotia (the “Property”).  The Property is recognized to indicate potential for IOCG mineralization.

This Report covers the Price Action, Technical Indicators Analysis along with the Support Levels, Resistance Levels, and Recommendations on this stock.

Fundamental Highlights:

Compelling Geological Optionality from Existing Data Assets: Mongoose Mining’s strategic review identified that its Nova Scotia land package is underpinned by high-quality geological fundamentals and a substantial legacy data set. Historical drill core, geophysical surveys, and structural models—originally developed for IOCG exploration—now align with emerging scientific frameworks for natural hydrogen systems. This creates meaningful upside optionality, allowing the Company to leverage sunk technical capital and established geological attributes to pursue a new, potentially high-impact opportunity without abandoning the intrinsic value of its existing asset base.

Key Investment Risks: Price Volatility, Technological Risk, Permitting & Regulatory Risk, Inflation, low volume, thin liquidity, etc

MNG’s Technical Observation:

Technically, the stock remains constructive despite recent volatility. Price continues to hold above its longer-term base, with the 14-day SMMA acting as near-term support. RSI remains neutral-to-positive, suggesting momentum has reset without entering oversold territory. Higher lows over the past year point to improving trend structure and potential for renewed upside on volume confirmation.

MNG’s Daily Price Chart

As per the above-mentioned price action and technical indicators analysis, a ‘Speculative Buy’ rating has been given Mongoose Mining Ltd. (CSE: MNG) at the closing market price of CAD 0.07, as of 4^th February 2026. Individuals can evaluate the stock based on the support and resistance levels provided in the report in case of keen interest taking into consideration the risk-reward scenario.

Markets are trading in a highly volatile zone currently due to certain Macro & Micro-economic data and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels as on February 4, 2026. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Dividend Yield may vary as per the stock price movement. 

Note 5: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and the uptrend may take a pause due to profit booking or selling interest.

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.