Akora Resources Ltd. (AKO) AI Stock Analysis

• Market Cap: AU$14.22M
• Dividend Yield: N/A
• Average Volume (3M): 165.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.77
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 173,424,740
• 10 Day Avg. Volume: 174,451
• 30 Day Avg. Volume: 165,660
• PEG Ratio: -0.78
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 578.92
• P/FCF Ratio: -2.35
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: AU$0.08 ▲(2.50% Upside)

The score is held down primarily by persistent losses and ongoing cash burn, which increase reliance on future funding. A debt-free balance sheet provides some offset, but technical signals remain weak (below longer-term moving averages with negative MACD) and valuation support is limited due to negative earnings and no dividend data.

Akora Resources Ltd. Business Overview & Revenue Model

Company Description

AKORA Resources Limited engages in the exploration and development of iron ore projects in Madagascar. The company's flagship project is the Bekisopa property that consists of three granted research permits and one granted small scale mining permit covering 93.5 square kilometers located in south central Madagascar. It also holds interests in Tratramarina and Ambodilafa projects. The company was formerly known as Indian Pacific Resources Limited. AKORA Resources Limited was incorporated in 2009 and is based in Carlton North, Australia.

How the Company Makes Money

Akora Resources Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.55K	19.27K	10.56K	148.00	78.00	31.00
Gross Profit	12.55K	19.27K	10.56K	-4.68K	-5.41K	-4.77K
EBITDA	-1.07M	-2.20M	-1.30M	-1.50M	-1.16M	-1.45M
Net Income	-1.99M	-2.20M	-1.59M	-1.50M	-1.08M	-1.46M
Balance Sheet
Total Assets	14.29M	13.91M	11.27M	9.63M	8.29M	8.58M
Cash, Cash Equivalents and Short-Term Investments	374.53K	663.00K	1.32M	724.08K	1.05M	4.77M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	296.45K	363.38K	176.66K	189.22K	629.13K	271.63K
Stockholders Equity	13.99M	13.54M	11.09M	9.44M	7.66M	8.31M
Cash Flow
Free Cash Flow	-2.31M	-4.75M	-2.83M	-3.59M	-4.12M	-1.97M
Operating Cash Flow	-1.64M	-1.58M	-1.40M	-1.39M	-1.12M	-1.18M
Investing Cash Flow	-2.64M	-3.16M	-1.42M	-2.20M	-3.00M	-788.33K
Financing Cash Flow	1.66M	4.09M	3.42M	3.27M	290.62K	4.78M

Akora Resources Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AKO	45 Neutral	AU$14.22M	-5.29	-14.33%	―	―	―
AMU	45 Neutral	AU$17.41M	-6.82	-6.61%	―	―	―
LML	42 Neutral	AU$38.87M	-12.73	-31.20%	―	―	26.67%

Akora Resources Ltd. Corporate Events

AKORA Resources Gains Government Support for Bekisopa Iron Ore Project

AKORA Resources Limited has received strong support from the new Madagascan government for its Bekisopa High-Grade Iron Ore Project, following the submission of a mining license application. This endorsement marks a significant milestone, as it will enable the company to advance strategic investments, detailed development planning, and community engagement, positioning AKORA to accelerate value creation for stakeholders.

AKORA Resources Advances Bekisopa Iron Ore Project with Mining Licence Application

AKORA Resources Limited has submitted an application to convert its Bekisopa Iron Ore Project Exploration Licence into a Mining Licence, marking a significant advancement for the project. This move aligns with Madagascar’s new mining code and follows recent political changes that have created a more supportive business environment. The project, which has completed all necessary pre-requisites including a comprehensive Pre-Feasibility Study, is expected to contribute significantly to Madagascar’s economy. The granting of the mining licence would unlock the development pathway for the project, enhancing investor confidence and potentially leading to a larger iron concentrate operation.

Akora Resources Advances Bekisopa Iron Ore Project with Successful Trenching

Akora Resources Ltd. has successfully completed its trenching program at the Bekisopa iron ore project in Madagascar, marking a significant step in defining the surface DSO mineralisation between planned mining pits. The program involved 339 metres of trenching and 365 samples for analysis, with initial data confirming consistent iron mineralisation. This progress supports Akora’s confidence in the Bekisopa deposit’s scale and quality, and the company is preparing to apply for a mining license to unlock the project’s full economic potential. The recent political stability in Madagascar, with a new government focused on reform, is expected to facilitate Akora’s operations and attract international support.

Akora Resources Advances Bekisopa Iron Ore Project with Community Support

Akora Resources Ltd. has made significant progress in its Bekisopa Iron Ore Project in Madagascar, completing 260 meters of a planned 300-meter trenching exploration program. The company emphasizes strong community engagement, providing employment, medical supplies, and educational support to local communities. The project is recognized as nationally significant in Madagascar, and Akora maintains open dialogue with government and World Bank representatives to advance its development.

Akora Resources Advances Bekisopa Iron Ore Project with Successful Funding

Akora Resources Ltd has successfully completed a placement and entitlement offer, raising over $2.9 million to fund the development of its Bekisopa Iron Ore Project in Madagascar. The project aims to produce 2 million tonnes per annum of high-grade iron ore for export, with plans to upgrade to a premium iron concentrate for greener steel production. The company’s efforts have received strong support from local communities and the government, positioning Akora as a significant player in the iron ore market with a focus on sustainable practices.