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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% | |
48 Neutral | AU$5.92M | -8.82 | -4.35% | ― | ― | 62.22% | |
47 Neutral | AU$5.23M | -0.71 | -126.15% | ― | ― | 24.09% | |
45 Neutral | AU$9.34M | -0.88 | -71.65% | ― | ― | ― | |
45 Neutral | AU$4.25M | ― | -29.48% | ― | ― | 76.12% | |
43 Neutral | AU$9.44M | -0.15 | -64.71% | ― | -100.00% | -190.80% |
AuKing Mining Ltd Corporate Events
AuKing Mining has issued a clarification regarding an earlier market update about Orion Resources’ proposed acquisition of the Cloncurry Gold Project assets in north-western Queensland. The company has withdrawn a prior statement implying that the project could not practically proceed until Orion’s ongoing litigation was satisfactorily resolved, acknowledging that such a comment is beyond its capacity given it has no involvement in the legal dispute and making clear it offers no representation on the sales process being run by the Receivers and Liquidators for the Cloncurry assets.
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 capital raising through a placement involving the issue of up to 428,571,429 new fully paid ordinary shares and a total of 453,571,429 unlisted options, each with an exercise price of $0.005 and expiring on 31 December 2029. The proposed securities, scheduled for issue on 21 January 2026, are intended to strengthen the company’s capital base and provide funding flexibility for its ongoing exploration and development activities, potentially affecting its capital structure and ownership dilution for existing shareholders while supporting its operational and growth plans in the mining sector.
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 Limited has secured binding commitments from sophisticated and professional investors to raise approximately A$1.5 million via an unbrokered share placement, issuing 428,571,429 new shares at A$0.0035 each with one free-attaching option per share, exercisable at A$0.005 and expiring on 31 December 2029. The capital will be raised in two tranches, with the first using existing placement capacity and the second subject to shareholder approval at an extraordinary general meeting expected in February 2026; proceeds will be directed toward advancing exploration programs, evaluating strategic opportunities, providing working capital and covering placement costs, while also offering fee-based incentives and additional options to AFSL-licensed participants who assist in the raising.
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 Limited has notified the market of the issue of 6,000,000 unquoted options, exercisable at $0.006 and expiring on 31 December 2026. The options, which are not intended to be quoted on the ASX, form part of previously announced transactions and represent a capital management step that could provide additional funding flexibility if exercised, potentially impacting existing shareholders through future dilution and supporting the company’s ongoing exploration and development activities.
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.
AuKing Mining Limited has notified the market of the issue of 50 million unquoted options, exercisable at $0.006 and expiring on 31 December 2026. The options, which are not intended to be quoted on the ASX, form part of previously announced transactions and signal an expansion of the company’s unquoted equity base, potentially affecting capital structure and future dilution for existing shareholders.
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.
AuKing Mining Limited has issued 36,314,288 new fully paid ordinary shares at $0.005 per share, following shareholder approval at an extraordinary general meeting held on 8 January 2026. The placement, detailed in a recently lodged Appendix 2A, expands the company’s quoted share capital and was conducted without a disclosure document under the Corporations Act, with AuKing confirming it is compliant with its continuous disclosure and financial reporting obligations and that there is no excluded information, reinforcing transparency for existing and new investors.
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.
AuKing Mining Ltd has applied to the ASX for quotation of 36,314,288 new ordinary fully paid shares, with an issue date of 13 January 2026, under an Appendix 2A filing. The move expands the company’s quoted capital base, signalling an increase in tradeable equity that could support future funding flexibility and potentially broaden its shareholder base, although no additional operational or transaction details are disclosed in the filing.
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.
AuKing Mining Ltd has announced that director Nick Harding ceased to be a director of the company on 13 January 2026, as disclosed in a Final Director’s Interest Notice to the ASX. While Harding holds no securities directly, he maintains an indirect interest through Twentyfour Carat Pty Ltd, which holds 1,333,333 fully paid ordinary shares and a total of 2,000,000 unlisted options in AuKing Mining, indicating that despite the board change he retains a significant financial stake, a factor existing shareholders may monitor for any future influence or alignment of interests.
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.
AuKing Mining Limited has announced the immediate retirement of two non-executive directors, Dr Kylie Prendergast and Nick Harding, who joined the board in late 2024 and have stepped down to pursue other interests, prompting further reshaping of the company’s governance structure. The company also reported that Orion Resources has commenced Supreme Court proceedings in Western Australia over the failed completion of the Cloncurry Gold Project asset sale, while confirming that AuKing is not a party to the litigation and, following an ASX determination that certain listing rules apply, will no longer proceed with its proposed $16.2 million acquisition of Orion on the previously announced terms, potentially altering its strategy for gaining exposure to the Cloncurry assets and related growth plans.
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.
AuKing Mining Ltd has announced the cessation of Mark Fisher as a director effective 9 January 2026, as disclosed in a Final Director’s Interest Notice lodged with the ASX. The filing confirms that Fisher held no relevant interests in AuKing Mining securities, either directly or indirectly, at the time of his departure, indicating no change to the company’s capital structure or major shareholdings arising from this board change.
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 Limited has announced the immediate retirement of director Mark Fisher from its board, less than two years after he joined in late 2024. The company stated that Fisher is stepping down to pursue personal interests and acknowledged his substantial contribution over his tenure, with Managing Director Paul Williams formally authorising the announcement, underscoring a routine governance change rather than a shift in strategic direction.
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 shareholders have overwhelmingly approved all eight resolutions put to an extraordinary general meeting, enabling a series of equity and option issuances as well as ratifying prior capital raisings and a financing facility. The measures include approval for advisor shares to CoPeak Pty Ltd and Spark Plus Pte Ltd, ratification of an 80 million-share placement and associated 40 million free-attaching options, issuance of 10 million options to lead manager GBA Capital, and ratification of convertible notes and related share issues under the RiverFort facility, along with up to 20 million shares to complete the Grand Codroy acquisition. The near-unanimous support, with around 99.8% of votes cast in favour across resolutions, strengthens AuKing’s capital base, secures advisory and funding arrangements, and clears the way for its acquisition and growth initiatives.
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 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.