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AuKing Mining Ltd ( (AU:AKN) ) has shared an announcement.
AuKing Mining Limited has applied to the ASX for quotation of 231 million new ordinary fully paid shares, expanding its listed capital base under the code AKN as of 22 January 2026. The substantial new share issue, previously flagged to the market, is expected to increase the company’s free float and liquidity, potentially broadening its shareholder base and providing additional financial capacity for its ongoing operational and growth objectives.
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 resources company focused on mining and exploration activities, with its ordinary fully paid shares traded on the ASX under the code AKN.
Technical Sentiment Signal: Sell
Current Market Cap: A$7.49M
For an in-depth examination of AKN stock, go to TipRanks’ Overview page.