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ARK Mines Ltd (AU:AHK)
ASX:AHK
Australian Market

ARK Mines Ltd (AHK) AI Stock Analysis

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AU

ARK Mines Ltd

(Sydney:AHK)

Rating:34Underperform
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 (AHK) vs. iShares MSCI Australia ETF (EWA)

ARK Mines Ltd Business Overview & Revenue Model

Company DescriptionArk 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 Moneynull

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
10
Very Negative
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
30
Negative
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
20
Very Negative
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
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
6.00K0.000.000.000.000.00
Gross Profit
-21.84K-24.33K-8.26K-1.45K0.000.00
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-2.44M6.89M-2.45M
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.44M1.35M1.14M2.90M1.22K162.74K
Total Assets
6.91M6.35M4.77M5.53M5.50K3.34M
Total Debt
0.000.000.000.0014.00K750.00K
Net Debt
-2.44M-1.35M-1.14M-2.90M12.78K709.52K
Total Liabilities
190.60K250.45K367.86K133.47K823.13K11.05M
Stockholders Equity
6.72M6.10M4.41M5.40M-817.63K-7.71M
Cash FlowFree 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
350.00K2.90M0.004.32M1.18M349.44K

ARK Mines Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.20
Price Trends
50DMA
0.17
Positive
100DMA
0.16
Positive
200DMA
0.17
Positive
Market Momentum
MACD
<0.01
Positive
RSI
56.54
Neutral
STOCH
8.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AHK, the sentiment is Positive. The current price of 0.2 is below the 20-day moving average (MA) of 0.20, above the 50-day MA of 0.17, and above the 200-day MA of 0.17, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 56.54 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 Positive sentiment for AU:AHK.

ARK Mines Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
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%
AUAHK
34
Underperform
AU$13.56M-14.97%47.42%
$19.49B25.1411.01%2.41%
$11.52B25.2016.97%1.37%
$2.39B-0.38%
$2.14B9.0826.42%2.88%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:AHK
ARK Mines Ltd
0.20
0.04
25.00%
NESRF
Northern Star Resources Ltd
13.70
4.71
52.39%
CAHPF
Evolution Mining Limited
6.10
3.61
144.98%
RGRNF
Regis Resources Limited
3.04
1.76
137.50%
RMLRF
Ramelius Resources Limited
1.84
0.62
50.82%

ARK Mines Ltd Corporate Events

Ark Mines Ltd. Announces Share Placement to Boost Capital
May 5, 2025

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
May 1, 2025

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
Mar 11, 2025

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
Feb 27, 2025

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
Feb 17, 2025

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.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.