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AuKing Mining Ltd
(Sydney:AKN)
AuKing Mining Ltd (AKN) vs. iShares MSCI Australia ETF (EWA)
AuKing Mining Ltd Business Overview & Revenue Model
AuKing Mining Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -29.72K | -40.78K | -47.40K | -38.94K | -13.67K | -1.04K |
| EBITDA | -3.76M | -5.09M | -11.54M | -2.31M | -1.06M | -1.21M |
| Net Income | -4.61M | -5.55M | -12.66M | -2.35M | -1.76M | -1.43M |
Balance Sheet | ||||||
| Total Assets | 8.30M | 8.23M | 9.37M | 10.28M | 7.73M | 133.17K |
| Cash, Cash Equivalents and Short-Term Investments | 180.73K | 33.86K | 396.31K | 1.66M | 2.50M | 21.16K |
| Total Debt | 1.53M | 801.62K | 0.00 | 0.00 | 0.00 | 2.28M |
| Total Liabilities | 2.65M | 1.95M | 377.58K | 417.31K | 626.48K | 3.60M |
| Stockholders Equity | 5.65M | 6.27M | 8.99M | 9.86M | 7.10M | -3.47M |
Cash Flow | ||||||
| Free Cash Flow | -1.14M | -2.22M | -4.44M | -6.29M | -6.39M | -333.50K |
| Operating Cash Flow | -1.72M | -1.98M | -3.67M | -1.85M | -1.85M | -333.50K |
| Investing Cash Flow | -21.14K | -161.47K | -509.57K | -3.87M | -4.54M | -100.00K |
| Financing Cash Flow | 1.67M | 1.78M | 2.92M | 4.87M | 8.87M | 358.00K |
AuKing Mining Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
46 Neutral | AU$4.34M | -7.06 | -4.35% | ― | ― | 62.22% | |
45 Neutral | AU$4.05M | ― | -71.65% | ― | ― | ― | |
45 Neutral | AU$5.10M | ― | -29.48% | ― | ― | 76.12% | |
43 Neutral | AU$7.76M | -0.13 | -64.71% | ― | -100.00% | -190.80% | |
42 Neutral | AU$3.48M | -0.58 | -126.15% | ― | ― | 24.09% |
AuKing Mining Ltd Corporate Events
AuKing Mining Limited has announced the expiry of 15,625,000 unexercised options (AKNAN) with an exercise price of A$0.10, which lapsed on 31 December 2025. The cessation of these options reduces the company’s potential future share dilution and simplifies its capital structure, which may marginally affect existing shareholders’ ownership dynamics but does not immediately alter the company’s current issued share capital or operational activities.
The most recent analyst rating on (AU:AKN) stock is a Hold 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.
AuKing Mining Ltd has announced a proposed issue of securities, including 6,000,000 options expiring on December 31, 2026, and 36,314,288 fully paid ordinary shares. This move is part of a placement or other type of issue, with the proposed issue date set for January 9, 2026. The issuance aims to enhance the company’s capital structure and potentially strengthen its market position by increasing its financial resources.
AuKing Mining Ltd has announced an Extraordinary General Meeting (EGM) scheduled for January 8, 2026, in Brisbane. The meeting will address resolutions to be decided by poll, with outcomes to be released on the ASX platform. Shareholders are encouraged to submit proxy votes by January 6, 2026, and the meeting will determine voting entitlements based on share registration as of that date.
AuKing Mining Ltd has announced a proposed issue of securities, which includes the issuance of 50 million options expiring on December 31, 2026, and 80 million fully paid ordinary shares. This move is part of a placement or other type of issue, with the proposed issue date set for November 25, 2025. The announcement signifies the company’s efforts to raise capital, potentially impacting its financial position and providing opportunities for growth and expansion within the mining sector.
AuKing Mining Limited has successfully raised A$400,000 through a share placement to sophisticated investors and clients of GBA Capital. The funds will be used for working capital as the company continues to explore gold project opportunities in the Cloncurry region. The placement involves issuing 80,000,000 new shares and 40,000,000 options, with GBA Capital acting as the lead manager. This financial move supports AuKing’s strategy to expand its gold asset portfolio and maintain its growth trajectory.
AuKing Mining Ltd has announced an update regarding the acquisition of the Cloncurry Gold Project assets by Orion Resources Pty Ltd. Orion secured financing to complete the purchase, but the settlement was delayed due to an unmet condition precedent related to asset security. Negotiations are underway for an extension of the settlement date. Additionally, AuKing will not proceed with acquiring Orion due to ASX Listing Rules implications.
AuKing Mining Limited has requested a trading halt on its securities as it seeks clarification regarding the status of the Orion Resources sale agreement related to the Cloncurry Gold Project. This trading halt will remain in effect until the company releases an announcement or until normal trading resumes on 6 November 2025. The outcome of this clarification could impact the company’s operations and its strategic positioning in the mining industry.
AuKing Mining Ltd has announced the issuance of 4,034,426 fully paid ordinary shares following the conversion of unlisted options at an exercise price of $0.006, generating proceeds of $24,207. This move reflects the company’s ongoing compliance with the Corporations Act and supports its capital management strategy, potentially impacting its market position and stakeholder interests.
AuKing Mining Ltd has announced the quotation of 4,034,426 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective October 22, 2025. This move is part of the company’s strategic efforts to enhance its financial flexibility and operational capacity, potentially impacting its market position and offering new opportunities for stakeholders.
AuKing Mining Ltd has announced the final results of an airborne survey at its Myoff Creek Niobium/Rare Earths Project in British Columbia, confirming potential extensions of carbonatite mineralization. This development aligns with historical drilling data and highlights new exploration targets, potentially enhancing the company’s resource base. Additionally, AuKing is progressing with the acquisition of Orion Resources, which will grant full ownership of the Cloncurry Gold Project, simplifying its project portfolio and potentially increasing its market positioning in the gold sector.
AuKing Mining Limited is set to finalize the acquisition of the Cloncurry Gold Project in early November, marking a significant step in its transition to a gold developer and near-term producer. This acquisition includes a 100% shareholding interest in Orion Resources Pty Ltd, enabling AuKing to utilize the strategically located Lorena processing plant for both its ore and third-party mill feed, enhancing revenue potential. The project spans 447km² with numerous exploration targets, offering substantial district-scale exploration potential. The acquisition is contingent on ASX approval and shareholder consent, with short-term funding secured by Orion to complete the purchase obligations.
AuKing Mining Ltd reported significant progress in its quarterly activities ending September 2025. The company secured a A$5 million loan facility with RiverFort Global Capital and initiated a $500k drawdown. The Cobalt Blue JV at Koongie Park saw advancements with plans for increased project activities. An airborne survey at the Myoff Creek niobium/REE project in British Columbia suggested potential extensions of known mineralization. Progress was also made in the Cloncurry Gold Project acquisition, with Nebari Natural Resources Fund completing due diligence and further financial arrangements underway. Additionally, the company completed a second tranche of share placement, raising $497k, contributing to a total of $1.177 million.