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AuKing Mining Ltd ( (AU:AKN) ) has provided an announcement.
AuKing Mining reported a net cash outflow from operating activities of A$535,000 for the quarter ended 31 December 2025, reflecting continued spending on exploration across its Tanzania, Canada and Orion projects, along with staff, administration and finance costs. These outflows were partially offset by proceeds from the disposal of non-current assets and new equity funding, resulting in a modest increase in quarter-end cash to A$113,000, underscoring the company’s ongoing reliance on capital markets and asset sales to fund exploration in the absence of operating revenue.
The most recent analyst rating on (AU:AKN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on AuKing Mining Ltd stock, see the AU:AKN Stock Forecast page.
More about AuKing Mining Ltd
AuKing Mining Limited is an Australian-listed mining exploration company focused on mineral exploration and evaluation activities, with projects in Tanzania, Canada, and the Koongie Park project in Australia (including the Orion project). The company is in the exploration stage, with cash flows primarily driven by exploration expenditure, corporate costs, and periodic capital raisings and asset disposals rather than operating revenues from production.
Technical Sentiment Signal: Sell
Current Market Cap: A$4.68M
Find detailed analytics on AKN stock on TipRanks’ Stock Analysis page.