ARK Mines Ltd (AHK) AI Stock Analysis

• Market Cap: AU$12.57M
• Dividend Yield: N/A
• Average Volume (3M): 27.38K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.22
• Revenue Growth: N/A
• EPS Growth: 47.42%
• Country: AU
• Employees: 6
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Gold
• EPS (TTM): -0.02
• Shares Outstanding: 66,160,700
• 10 Day Avg. Volume: 12,634
• 30 Day Avg. Volume: 27,380
• PEG Ratio: 0.23
• Price to Book (P/B): 3.14
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 34 Underperform
• Price Target: ―

ARK Mines Ltd is currently in a challenging financial position with no revenue generation and ongoing losses, which significantly weighs down its overall stock score. The technical analysis offers some neutral signals, but the lack of earnings and dividend yield further impacts the valuation negatively. Without positive earnings or operational improvements, the stock remains risky.

ARK Mines Ltd Business Overview & Revenue Model

Company Description

Ark Mines Limited focuses in the mineral exploration and mining business in Australia. The company holds 100% interests in the Gunnawarra Project covering an area of 34.1 ha; Pluton Gold Project covering an area of 18.6 ha; and Mount Jesse Iron with Copper project that covers an area of 12.4 ha located in Australia. The company was incorporated in 2007 and is based in Sydney, Australia.

How the Company Makes Money

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ARK Mines Ltd Financial Statement Overview

Summary

ARK Mines Ltd faces significant operational and cash flow challenges, with no revenue generation and consistent losses. While the balance sheet shows some improvement in equity positioning, the overall financial health is weak due to persistent negative cash flows and operational inefficiencies. The company's reliance on external financing raises concerns about its sustainability without revenue growth or cost control.

Income Statement

ARK Mines Ltd has consistently reported zero revenue over the years, reflecting a lack of operational income. The company has also reported substantial net losses, with worsening EBIT and EBITDA margins, indicating ongoing operational challenges and a lack of profitability.

Balance Sheet

The balance sheet shows a strong equity position with no debt, which is a positive aspect, but the company has a history of negative stockholders' equity in previous years, indicating potential financial instability. The equity ratio has improved, suggesting better financial leverage management recently.

Cash Flow

Operating cash flows are consistently negative, and free cash flow is worsening, indicating cash outflow issues. Although financing cash flow is positive, it primarily reflects reliance on external financing rather than operational efficiency. The free cash flow to net income ratio remains unfavorable.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
6.00K	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-21.84K	-24.33K	-8.26K	-1.45K	0.00	0.00
	EBIT
-730.76K	-1.20M	-1.00M	-640.92K	-775.93K	-2.42M
	EBITDA
-890.14K	-1.18M	-772.58K	-365.55K	-772.95K	-2.45M
	Net Income Common Stockholders
-731.72K	-1.20M	-994.04K	-2.44M	6.89M	-2.45M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
206.71K	1.35M	1.14M	2.90M	1.22K	162.74K
	Total Assets
5.87M	6.35M	4.77M	5.53M	5.50K	3.34M
	Total Debt
351.06K	0.00	0.00	0.00	14.00K	750.00K
	Net Debt
144.35K	-1.35M	-1.14M	-2.90M	12.78K	709.52K
	Total Liabilities
503.24K	250.45K	367.86K	133.47K	823.13K	11.05M
	Stockholders Equity
5.37M	6.10M	4.41M	5.40M	-817.63K	-7.71M
Cash Flow		Free Cash Flow
-1.49M	-2.69M	-1.76M	-1.42M	-1.22M	-320.30K
	Operating Cash Flow
-857.03K	-1.13M	-866.65K	-808.80K	-1.18M	-276.88K
	Investing Cash Flow
-635.39K	-1.56M	-889.66K	-610.59K	-45.81K	-33.42K
	Financing Cash Flow
350.00K	2.90M	0.00	4.32M	1.18M	349.44K

ARK Mines Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AHK, the sentiment is Neutral. The current price of 0.18 is below the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.18, and above the 200-day MA of 0.17, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.51 is Neutral, neither overbought nor oversold. The STOCH value of -8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:AHK.

ARK Mines Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.04B	-1.15	-21.24%	3.95%	2.91%	-30.44%
AHK	34 Underperform	AU$12.57M	―	-14.97%	―	―	47.42%
NESRF		$19.48B	25.01	11.01%	2.32%	―	―
CAHPF		$11.04B	24.29	16.97%	1.58%	―	―
RGRNF		$2.37B	―	-0.38%	―	―	―
RMLRF		$2.10B	9.13	26.42%	1.04%	―	―

ARK Mines Ltd Corporate Events

Ark Mines Ltd. Announces Share Placement to Boost Capital

Ark Mines Ltd. has announced the issuance of 10,714,285 fully paid ordinary shares through a share placement. The company has lodged an application with the Australian Securities Exchange for the quotation of these shares. This move indicates Ark Mines Ltd.’s efforts to raise capital, potentially impacting its financial standing and market operations. The company has complied with relevant provisions of the Corporations Act 2001, ensuring transparency and adherence to regulatory requirements.

Ark Mines Ltd Secures $1.5 Million for Rare Earths Expansion

Ark Mines Ltd has successfully raised $1,500,000 through a share placement to professional and sophisticated investors. This funding will enable the company to accelerate its rare earths exploration and development program at the Sandy Mitchell project, highlighting its strategic focus on advancing its marketable rare earth deposits in North Queensland.

ARK Mines Ltd Releases Half-Year Financial Report for 2024

ARK Mines Ltd has released its financial report for the half-year ended 31 December 2024, detailing its financial performance and position. The report includes consolidated statements of profit or loss, financial position, cash flows, and changes in equity, providing stakeholders with insights into the company’s financial health and operational efficiency.

Ark Mines Secures R&D Tax Refund to Boost Sandy Mitchell Project

Ark Mines Limited has received a $290,091.56 tax refund from the Australian Government’s R&D tax incentive scheme for its research and development activities in the 2024 financial year. This refund supports the company’s Sandy Mitchell Project in North Queensland, which focuses on rare earth and mineral sands. The company is actively seeking further development funding and grants to advance its projects, emphasizing the unique nature of its Sandy Mitchell project and its commitment to exploring additional financial opportunities.

ARK Mines Ltd Director’s Interest Update: Loan Agreement Insights

ARK Mines Ltd announced a change in the interest of its director, Ian Burnham Mitchell, following a loan agreement between him and the company. The agreement involves a principal of $200,000 with a 10% annual interest rate and options for repayment through shares, subject to shareholder approval. This development could impact the company’s financial structuring and shareholder dynamics, highlighting a strategic financial maneuver to support its operational needs.