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 | ||||
2.44M | 1.35M | 1.14M | 2.90M | 1.22K | 162.74K | Total Assets |
6.91M | 6.35M | 4.77M | 5.53M | 5.50K | 3.34M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 14.00K | 750.00K | Net Debt |
-2.44M | -1.35M | -1.14M | -2.90M | 12.78K | 709.52K | Total Liabilities |
190.60K | 250.45K | 367.86K | 133.47K | 823.13K | 11.05M | Stockholders Equity |
6.72M | 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 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
51 Neutral | $2.02B | -1.19 | -21.37% | 3.64% | 2.88% | -30.57% | |
34 Underperform | AU$13.56M | ― | -14.97% | ― | ― | 47.42% | |
$19.49B | 25.14 | 11.01% | 2.41% | ― | ― | ||
$11.52B | 25.20 | 16.97% | 1.37% | ― | ― | ||
$2.39B | ― | -0.38% | ― | ― | ― | ||
$2.14B | 9.08 | 26.42% | 2.88% | ― | ― |
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 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 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 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 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.