AuKing Mining Ltd (AU:AKN)
ASX:AKN
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AuKing Mining Ltd
(Sydney:AKN)
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Rating:44Neutral
Price Target:
AU$0.02
â–²(50.00% Upside)
Action:ReiteratedDate:03/28/26
The score is primarily constrained by weak financial performance (no revenue, ongoing losses, and sustained cash burn despite some 2025 improvement). Technical indicators add caution due to extreme overbought signals, while valuation is difficult to support given negative earnings and no dividend data.
Positive Factors
Balance sheet stability
Positive equity and low leverage provide durable financial flexibility versus many junior miners. Modest debt levels reduce near-term default risk and preserve optionality to fund project advancement or JV participation, helping sustain operations while pursuing resource development.
Negative Factors
No revenue generation
Operating without any revenue leaves the company reliant on capital markets or partners to fund exploration and development. This structural lack of self-generated receipts makes long-term sustainability contingent on successful resource monetization events or consistent external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet stability
Positive equity and low leverage provide durable financial flexibility versus many junior miners. Modest debt levels reduce near-term default risk and preserve optionality to fund project advancement or JV participation, helping sustain operations while pursuing resource development.
Read all positive factors
AuKing Mining Ltd (AKN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$25.66M
Dividend YieldN/A
Average Volume (3M)600.68K
Price to Earnings (P/E)―
Beta (1Y)1.76
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,710,535,300
10 Day Avg. Volume600,683
30 Day Avg. Volume600,683
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.48
Price to Sales (P/S)0.00
P/FCF Ratio-1.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AuKing Mining Ltd Business Overview & Revenue Model
Company Description
AuKing Mining Limited, an early-stage exploration company, acquires, explores for, and develops mineral projects in Australia. The company primarily focuses on exploring copper, gold, and other base metals. It has an agreement to earn up to 75% in...
How the Company Makes Money
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AuKing Mining Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
55
Neutral
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -20.95K | -40.78K | -47.40K | -38.94K | -13.67K |
| EBITDA | -2.57M | -5.09M | -11.54M | -2.31M | -1.06M |
| Net Income | -2.84M | -5.55M | -12.66M | -2.35M | -1.76M |
Balance Sheet | |||||
| Total Assets | 8.11M | 8.23M | 9.37M | 10.28M | 7.73M |
| Cash, Cash Equivalents and Short-Term Investments | 113.69K | 33.86K | 396.31K | 1.66M | 2.50M |
| Total Debt | 900.95K | 801.62K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.81M | 1.95M | 377.58K | 417.31K | 626.48K |
| Stockholders Equity | 6.30M | 6.27M | 8.99M | 9.86M | 7.10M |
Cash Flow | |||||
| Free Cash Flow | -2.36M | -2.22M | -4.44M | -6.29M | -6.39M |
| Operating Cash Flow | -2.36M | -1.98M | -3.67M | -1.85M | -1.85M |
| Investing Cash Flow | 257.71K | -161.47K | -509.57K | -3.87M | -4.54M |
| Financing Cash Flow | 2.18M | 1.78M | 2.92M | 4.87M | 8.87M |
AuKing Mining Ltd Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
45 Neutral | AU$9.35M | -32.58 | -29.48% | ― | ― | 76.12% | |
44 Neutral | AU$25.66M | -1.07 | -77.38% | ― | ― | ― | |
44 Neutral | AU$6.92M | -1.64 | -72.11% | ― | -100.00% | -190.80% | |
43 Neutral | AU$4.54M | -3.75 | 3.77% | ― | ― | 62.22% | |
42 Neutral | AU$4.18M | -1.02 | -380.56% | ― | ― | 24.09% |
* Basic Materials Sector Average
AU:AKN
AuKing Mining Ltd
0.02
<0.01
50.00%
AU:DTM
Dart Mining NL
0.03
-0.04
-56.00%
DE:RM9
Enterprise Metals Limited
0.01
0.00
0.00%
AU:C29
C29 Metals Limited
0.02
-0.03
-51.02%
AU:EMT
eMetals Limited
0.01
<0.01
10.00%
AU:SBR
Sabre Resources Ltd
0.01
0.00
0.00%
AuKing Mining Ltd Corporate Events
AuKing Mining Files Updated Corporate Governance Statement with ASX
Mar 25, 2026
AuKing Mining Ltd has lodged its updated corporate governance statement and accompanying Appendix 4G with the ASX for the financial year ended 31 December 2025. The governance statement, current as of 25 March 2026 and approved by the board, is ho...
AuKing Mining updates governance statement, flags gaps on diversity targets
Mar 25, 2026
AuKing Mining Ltd has released its updated Corporate Governance Statement as at 25 March 2026, outlining how its board oversees the company in line with the ASX Corporate Governance Principles and Recommendations. The statement confirms compliance...
AuKing Mining Details Corporate Structure in 2025 Annual Report
Mar 25, 2026
AuKing Mining Limited has released its annual financial report for the year ended 31 December 2025, detailing its corporate governance framework and key administrative arrangements. The report highlights the company’s board and management st...
AuKing Mining Issues 310 Million Unquoted Options to Support Future Capital Needs
Mar 24, 2026
AuKing Mining Ltd has notified the market of the issue of 310,000,000 unquoted options, exercisable at $0.005 and expiring on 31 December 2029. The options, which are not intended to be quoted on the ASX, form part of previously announced transact...
AuKing Mining Issues 143 Million Shares to Complete Goldtrace Acquisition
Mar 24, 2026
AuKing Mining has issued 142,857,143 fully paid ordinary shares following shareholder approval at its 10 March 2026 extraordinary general meeting to complete the acquisition of Goldtrace Exploration Pty Ltd. The new shares, which are of a class al...
AuKing Mining Seeks ASX Quotation for 142.9 Million New Shares
Mar 24, 2026
AuKing Mining has applied to the ASX for quotation of 142,857,143 new fully paid ordinary shares, with an issue date of 24 March 2026. The substantial increase in quoted securities is expected to expand the company’s free float and capital b...
AuKing Mining Switches Share Registry Provider to Automic
Mar 20, 2026
AuKing Mining has changed its shareholder registry service provider from MUFG Corporate Markets to Automic Pty Ltd, effective 23 March 2026. The move shifts registry administration to Automic’s Melbourne- and Sydney-based operations, with al...
AuKing Mining grants 50m performance rights to director Peter Tighe
Mar 18, 2026
AuKing Mining Ltd has updated the market on a change in director Peter Tighe’s interests, reflecting the issue of performance-based securities rather than any sale or purchase of existing shares. The announcement confirms that his substantia...
AuKing Mining issues over 450 million unlisted options
Mar 16, 2026
AuKing Mining Ltd has notified the market of the issue of a substantial volume of unquoted equity securities in the form of options. The company has created two new classes of unlisted options, each exercisable at $0.005 and expiring on 31 Decembe...
AuKing Mining Issues Large Tranche of Unquoted Performance Rights and Options
Mar 16, 2026
AuKing Mining has notified the market of the issue of a substantial volume of new unquoted equity securities, including 150,000,000 director performance rights and 142,857,142 unlisted options exercisable at $0.005 and expiring on 31 December 2029...
AuKing Mining Confirms Regulatory Compliance on Major Share Issue
Mar 12, 2026
AuKing Mining has issued 340,428,571 fully paid ordinary shares following shareholder approval at an extraordinary general meeting held on 10 March 2026. The new shares form part of the company’s existing quoted class on the ASX and were iss...
AuKing Mining Seeks ASX Quotation for 142.9 Million New Shares
Mar 12, 2026
AuKing Mining Ltd has applied to the ASX for quotation of 142,857,142 new ordinary fully paid shares, with an issue date of 13 March 2026. The move significantly increases the company’s quoted share base, indicating a substantial capital-rel...
AuKing Mining Seeks ASX Quotation for 197.6 Million New Shares
Mar 12, 2026
AuKing Mining Ltd has applied for quotation on the ASX of 197,571,429 new ordinary fully paid shares, expanding its listed securities base. The new shares, issued on 13 March 2026 under a previously announced transaction, will increase the company...
AuKing Mining plans major equity issuance with options and performance rights
Mar 11, 2026
AuKing Mining has lodged an Appendix 3B with the ASX outlining a proposed issue of new securities, including 142,857,142 fully paid ordinary shares and large tranches of unlisted options and director performance rights. The placement, scheduled fo...
AuKing Wins Shareholder Backing for Major Capital Raising and Tin Acquisition
Mar 9, 2026
AuKing Mining shareholders have approved a broad suite of capital-raising and incentive measures at an extraordinary general meeting, including ratification of a prior share placement and authorization for further share issues and free-attaching o...
AuKing Mining Expands Capital Base With Exercise of Options and New Share Issue
Mar 2, 2026
AuKing Mining Limited has issued 16,666,667 new fully paid ordinary shares following the exercise of an equivalent number of December 2026 options priced at $0.006. The new shares form part of the company’s existing quoted class on the ASX, ...
AuKing Mining Seeks ASX Quotation for 16.7 Million New Shares
Mar 2, 2026
AuKing Mining has applied to the Australian Securities Exchange for the quotation of 16,666,667 new fully paid ordinary shares. The securities, issued on 3 March 2026 following the exercise or conversion of existing instruments, will expand the co...
AuKing Mining Expands Share Capital Through Option Exercise
Feb 24, 2026
AuKing Mining has issued 946,979 fully paid ordinary shares following the exercise of an equivalent number of December 2026 options priced at $0.006, expanding its quoted share capital on the ASX. The company confirmed the shares were issued witho...
AuKing Mining Seeks ASX Quotation for Nearly 947,000 New Shares
Feb 24, 2026
AuKing Mining has applied for quotation on the ASX of 946,979 new fully paid ordinary shares, to be traded under its existing ticker AKN. The new securities, issued on 24 February 2026 following the exercise or conversion of existing instruments, ...
AuKing Mining Corrects ASX Filing on Planned Securities Issue
Feb 11, 2026
AuKing Mining has updated its disclosure to the ASX regarding a proposed non‑pro rata issue of securities under a disclosure document or product disclosure statement. The revision clarifies that the associated options will now be issued usin...
AuKing Mining outlines target market for limited cleansing options offer
Feb 9, 2026
AuKing Mining has issued a target market determination alongside a prospectus for an offer of 1,000 cleansing options at an issue price of $0.01, to be made only to specifically invited investors. The options, to be quoted on the ASX following app...
AuKing Mining outlines targeted non‑pro rata options offer
Feb 9, 2026
AuKing Mining has lodged a notice with the ASX outlining a proposed non-pro rata offer of new securities under a disclosure document or product disclosure statement. The company plans to issue up to 1,000 options, exercisable at $0.006 and expirin...
AuKing Mining Lodges Cleansing Prospectus for Speculative Options Offer
Feb 9, 2026
AuKing Mining Ltd has issued a transaction-specific options cleansing prospectus under section 713 of the Corporations Act to offer 1,000 Cleansing Options at an issue price of $0.01 each, with the offer closing on 13 February 2026. The document&#...
AuKing Mining Issues New Shares on Exercise of Options
Feb 9, 2026
AuKing Mining Limited has issued 9,477,352 fully paid ordinary shares following the exercise of an equivalent number of December 2026 options priced at $0.006 each. The new shares form part of the company’s existing class of quoted securitie...
AuKing Mining Calls March Extraordinary General Meeting, Urges Online Proxy Voting
Feb 6, 2026
AuKing Mining Limited has called an Extraordinary General Meeting (EGM) for 9:00am on 10 March 2026 in Brisbane, with shareholders invited to vote on resolutions via poll either in person or by proxy. The company is moving to electronic distributi...
AuKing Mining Calls March 2026 Extraordinary General Meeting, Moves to Digital Notices
Feb 6, 2026
AuKing Mining Limited has called an Extraordinary General Meeting (EGM) of shareholders to be held on 10 March 2026 at 9:00am in Brisbane, with voting on all resolutions to be conducted by poll based on proxy submissions and in-person votes. In li...
AuKing Mining Plans Major Share and Option Issue to Bolster Capital Base
Feb 3, 2026
AuKing Mining Ltd has lodged an Appendix 3B outlining a proposed capital raising that will involve the issue of up to 142,857,143 new fully paid ordinary shares and a combined total of 452,857,143 unlisted options, each exercisable at $0.005 and e...
AuKing Mining Advances $2m Capital Raising and Signs Bullseye Marketing Deal
Feb 3, 2026
AuKing Mining Ltd plans to complete a $2 million share placement, with the first tranche of 231 million shares already issued at $0.0035 per share and a second tranche of 340,428,571 shares at the same price to raise approximately $1.195 million, ...
AuKing Mining Issues New Shares on Exercise of Options
Feb 2, 2026
AuKing Mining Limited has issued 3,379,122 fully paid ordinary shares following the exercise of an equivalent number of options expiring on 31 December 2026 at an exercise price of $0.006. The new shares, which are part of an existing class alread...
AuKing Mining Seeks ASX Quotation for 3.38 Million New Shares
Feb 2, 2026
AuKing Mining Limited has applied for quotation on the ASX of 3,379,122 new ordinary fully paid shares, effective 2 February 2026. The additional securities, issued following the exercise or conversion of existing options or convertible instrument...
AuKing Mining Expands Share Capital Through Option Exercise and Confirms Compliance
Jan 29, 2026
AuKing Mining Limited has issued 29,434,250 fully paid ordinary shares following the exercise of an equivalent number of options expiring 31 December 2026 at an exercise price of $0.006, expanding its quoted share capital on the ASX. The company c...
AuKing Mining Seeks ASX Quotation for 29.4 Million New Shares
Jan 29, 2026
AuKing Mining Ltd has applied to the ASX for quotation of 29,434,250 new fully paid ordinary shares, with an issue date of 29 January 2026. The enlarged quoted share base will affect the company’s capital structure and may influence liquidit...
AuKing Mining Plans Major Share Placement to Raise Fresh Capital
Jan 28, 2026
AuKing Mining Limited has announced a proposed placement of up to 142,857,143 new ordinary fully paid shares, with an intended issue date of 9 March 2026. The substantial share issuance signals a capital-raising move that could support the company...
AuKing Moves into Tier-One Tasmanian Tin District with New Exploration Acquisition
Jan 28, 2026
AuKing Mining has agreed to acquire a 100% interest in two tin and silver exploration licence applications in north-western Tasmania, covering about 203 square kilometres adjacent to the world-class Renison Bell tin mine and near the undeveloped M...
AuKing Mining Issues 231 Million New Shares in Tranche One Placement
Jan 22, 2026
AuKing Mining has issued 231 million fully paid ordinary shares at $0.0035 per share as the first tranche of a previously announced share placement, expanding its quoted capital base on the ASX. The company confirmed the shares were issued without...
AuKing Mining Seeks ASX Quotation for 231 Million New Shares
Jan 22, 2026
AuKing Mining Limited has applied to the ASX for quotation of 231 million new ordinary fully paid shares, expanding its listed capital base under the code AKN as of 22 January 2026. The substantial new share issue, previously flagged to the market...
AuKing Mining Narrows Cash Outflow with Asset Sales and Equity Raising in December Quarter
Jan 19, 2026
AuKing Mining reported a net cash outflow from operating activities of A$535,000 for the quarter ended 31 December 2025, reflecting continued spending on exploration across its Tanzania, Canada and Orion projects, along with staff, administration ...
AuKing Mining Advances Critical Minerals Portfolio as Cloncurry Deal Collapses and Sparks Legal Dispute
Jan 19, 2026
AuKing Mining’s latest quarterly report highlights progress across its exploration portfolio, including final airborne survey results at the Myoff Creek niobium and rare earths project in Canada that suggest a possible extension of known car...
AuKing Mining Withdraws Comment on Impact of Orion Litigation on Cloncurry Sale
Jan 15, 2026
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 th...
AuKing Mining Plans Major Share and Option Issue to Bolster Capital Base
Jan 14, 2026
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 ...
AuKing Mining Secures A$1.5m in Two-Tranche Share Placement for Exploration and Growth
Jan 14, 2026
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 opt...
AuKing Mining Issues 6 Million Unquoted Options Expiring in 2026
Jan 13, 2026
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 transa...
AuKing Mining Issues 50 Million Unquoted Options Expiring in 2026
Jan 13, 2026
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 trans...
AuKing Mining Issues 36.3 Million New Shares After Shareholder Approval
Jan 13, 2026
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, ex...
AuKing Mining Seeks ASX Quotation for 36.3 Million New Shares
Jan 13, 2026
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 increa...
AuKing Mining Announces Resignation of Director Nick Harding, Confirms Ongoing Indirect Shareholding
Jan 13, 2026
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 ...
AuKing Mining Reshapes Board and Drops Orion Acquisition as Cloncurry Dispute Heads to Court
Jan 13, 2026
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 t...
AuKing Mining Announces Departure of Director Mark Fisher
Jan 8, 2026
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...
AuKing Mining Announces Immediate Retirement of Director Mark Fisher
Jan 8, 2026
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 hi...
AuKing Mining Wins Strong Shareholder Backing for Capital Raisings and Grand Codroy Acquisition
Jan 8, 2026
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 measu...
AuKing Mining Options Expire, Streamlining Capital Structure
Jan 4, 2026
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...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.