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Duketon Mining Ltd (AU:DKM)
ASX:DKM

Duketon Mining Ltd (DKM) AI Stock Analysis

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AU

Duketon Mining Ltd

(Sydney:DKM)

Rating:31Underperform
Price Target:
Duketon Mining Ltd's overall stock score reflects significant financial and operational challenges, with no current revenue and continuous losses. The technical analysis shows a bearish trend, and the negative P/E ratio highlights valuation concerns. These factors collectively contribute to a low overall score, indicating substantial risks for potential investors.

Duketon Mining Ltd (DKM) vs. iShares MSCI Australia ETF (EWA)

Duketon Mining Ltd Business Overview & Revenue Model

Company DescriptionDuketon Mining Limited engages in the exploration and evaluation of mineral resources in Australia. The company explores for nickel, copper, platinum, and palladium. Its flagship property is the 100% owned Duketon project located in the Duketon Greenstone Belt, Eastern Yilgarn. The company was incorporated in 2012 and is based in West Perth, Australia.
How the Company Makes MoneyDuketon Mining Ltd generates revenue through the exploration and potential development of mineral resources, particularly nickel and gold. The company invests in exploration activities to discover and delineate mineral deposits, which can then be sold to mining companies or developed into producing mines. Revenue streams primarily include the sale of rights or interests in mineral projects to larger mining entities, joint venture partnerships, and, if successful in their exploration efforts, the direct sale of extracted minerals. The company's earnings depend significantly on successful exploration outcomes, commodity market prices, and strategic partnerships with other mining firms that can advance projects to production.

Duketon Mining Ltd Financial Statement Overview

Summary
Duketon Mining Ltd faces significant financial challenges, with no revenue generation and continuous losses. While the balance sheet shows strong equity, the persistent negative cash flows and absence of income indicate sustainability concerns.
Income Statement
10
Very Negative
Duketon Mining Ltd has reported zero revenue for the past several years, which is concerning for a sustainable business model. The company has consistently recorded negative net income and negative EBIT, indicating ongoing operational losses.
Balance Sheet
25
Negative
The company has a solid equity base with a high equity ratio, indicating financial stability. However, the absence of revenue generation raises concerns about the long-term sustainability of its assets.
Cash Flow
15
Very Negative
The cash flow analysis reveals consistent negative operating cash flows, which could be problematic in maintaining liquidity. The free cash flow has also been negative, reflecting ongoing cash burn.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit-67.21K-72.90K-65.89K-31.83K-30.53K
EBITDA-2.32M-3.63M-11.50M-2.28M-2.29M
Net Income-3.48M-2.86M-9.31M3.17M19.13M
Balance Sheet
Total Assets12.55M16.48M18.72M30.33M22.78M
Cash, Cash Equivalents and Short-Term Investments12.33M16.13M18.43M30.17M22.60M
Total Debt0.0032.45K64.78K0.000.00
Total Liabilities368.41K871.13K766.12K3.73M228.67K
Stockholders Equity12.18M15.61M17.96M26.60M22.56M
Cash Flow
Free Cash Flow-1.82M-3.72M-9.33M-58.84K18.21M
Operating Cash Flow-1.81M-3.67M-9.25M-50.31K18.26M
Investing Cash Flow-9.06K-53.42K-83.08K-8.52K-51.16K
Financing Cash Flow-32.95K-32.32K30.86K560.00K24.82K

Duketon Mining Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.14
Price Trends
50DMA
0.13
Positive
100DMA
0.12
Positive
200DMA
0.11
Positive
Market Momentum
MACD
<0.01
Negative
RSI
58.63
Neutral
STOCH
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DKM, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.13, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.63 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:DKM.

Duketon Mining Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
58
Neutral
HK$16.58B4.52-5.52%5.28%-3.57%-61.41%
AUMGU
33
Underperform
AU$15.70M-17.69%45.45%
AUDKM
31
Underperform
AU$17.14M-12.52%69.05%
DE6HS
€9.44M
€14.90M-35.98%
DEYBB
-4.06%
AUCMD
31
Underperform
AU$15.58M-186.04%-47.06%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:DKM
Duketon Mining Ltd
0.14
0.04
40.00%
DE:6HS
Horseshoe Metals Limited
0.01
0.00
0.00%
AU:MGU
Magnum Mining and Exploration Limited
0.01
0.00
0.00%
DE:R1EA
EV Resources Limited
DE:YBB
Carnavale Resources Limited
AU:CMD
Cassius Mining Ltd
0.02
0.01
100.00%

Duketon Mining Ltd Corporate Events

Duketon Mining Ltd Strengthens Financial Position and Exploration Potential
Apr 15, 2025

Duketon Mining Ltd has announced its strong financial position with $12.8 million in cash and shares as of March 2025, underpinned by substantial nickel and PGE resources. The company is poised for growth through exploration, leveraging its assets to enhance its gold and base metals portfolio, which may positively impact its market positioning and stakeholder value.

Duketon Mining Secures Option for High-Grade Killarney Gold Project
Apr 9, 2025

Duketon Mining Limited has announced an Option Agreement to acquire the Killarney Gold Project, located in Western Australia’s Mount Magnet region. This project is notable for its high-grade gold findings, with recent and historical rock chip samples showing significant gold content. The acquisition aligns with Duketon’s strategy to expand its gold assets and enhance shareholder value. The project’s strategic location and proximity to infrastructure make it an attractive addition to Duketon’s exploration portfolio, with plans for systematic exploration including drilling and geochemical surveys.

Duketon Mining Expands Barlee Project with New Tenement Acquisition
Apr 8, 2025

Duketon Mining Limited has expanded its Barlee Project in Western Australia by securing a new tenement, increasing its exploration footprint to over 510 square kilometers. The recent exploration activities have identified two significant gold anomalies, enhancing the company’s strategic position along the Youanmi/Clampton Faults. The company’s financial position remains strong with cash and shareholdings totaling $12.8 million, indicating ongoing commercial interest in external opportunities.

Duketon Mining Expands Barlee Project with New Tenement Grant
Mar 30, 2025

Duketon Mining Limited has announced the granting of a new tenement at its Barlee Project, expanding its exploration footprint to 253 square kilometers. The tenement, prospective for gold, base metals, and lithium, reveals two significant gold anomalies that have not yet been drilled. The company plans to conduct further soil sampling and aircore drilling to test these targets, potentially enhancing its resource base and strengthening its position in the mining sector.

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.Date of analysis: Apr 08, 2025