Kuniko Ltd. (AU:KNI)
ASX:KNI
Want to see AU:KNI full AI Analyst Report?
Top Page
Kuniko Ltd.
(Sydney:KNI)
Select Model
Select Model
Rating:43Neutral
Price Target:
AU$0.04
▼(-47.14% Downside)
Action:ReiteratedDate:04/29/26
The score is driven primarily by weak financial performance (persistent losses, unstable/declining revenue, and sustained cash burn), reinforced by bearish technical signals (price below all key moving averages and negative MACD). Valuation offers only limited support because the negative P/E reflects ongoing losses and no dividend yield is indicated.
Positive Factors
Balance sheet strength
A roughly $12M shareholders' equity position and historically modest leverage provide a meaningful capital buffer for an exploration company. This balance-sheet strength extends runway for staged exploration, supports access to financing on better terms, and reduces immediate pressure to monetise assets, forming a durable support for project advancement.
Negative Factors
Persistent cash burn
Consistent negative operating cash flow (about -$2.0M in 2025) demonstrates structural cash consumption. Ongoing cash burn forces repeated external funding, dilutes shareholders or draws on the balance sheet, and restricts the company's ability to sustain multi-year exploration programmes without clear financing plans.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
A roughly $12M shareholders' equity position and historically modest leverage provide a meaningful capital buffer for an exploration company. This balance-sheet strength extends runway for staged exploration, supports access to financing on better terms, and reduces immediate pressure to monetise assets, forming a durable support for project advancement.
Read all positive factors
Kuniko Ltd. (KNI) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$7.57M
Dividend YieldN/A
Average Volume (3M)664.45K
Price to Earnings (P/E)―
Beta (1Y)0.55
Revenue GrowthN/A
EPS Growth36.59%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding204,613,830
10 Day Avg. Volume1,166,537
30 Day Avg. Volume664,446
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.56
Price to Sales (P/S)0.00
P/FCF Ratio-3.36
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
Kuniko Ltd. Business Overview & Revenue Model
Company Description
Kuniko Limited engages in the exploration and development of mineral properties for electromobility in Scandinavia. The company explores for copper, nickel, and cobalt deposits. It holds interest in the Ertelien Nickel-Copper-Cobalt Project; Ringe...
How the Company Makes Money
null...
Kuniko Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 114.69K | 193.60K | 28.00K | 227.00 |
| Gross Profit | -15.47K | -19.48K | 193.60K | 13.36K | 227.00 |
| EBITDA | -2.69M | -4.67M | -4.47M | -2.71M | -1.63M |
| Net Income | -3.22M | -4.69M | -5.14M | -2.73M | -2.04M |
Balance Sheet | |||||
| Total Assets | 13.97M | 12.65M | 16.85M | 12.52M | 7.74M |
| Cash, Cash Equivalents and Short-Term Investments | 1.44M | 928.76K | 6.74M | 6.70M | 5.77M |
| Total Debt | 1.15M | 271.15K | 13.73K | 57.44K | 888.42K |
| Total Liabilities | 1.95M | 1.01M | 624.10K | 449.77K | 1.05M |
| Stockholders Equity | 12.02M | 11.64M | 16.23M | 12.07M | 6.69M |
Cash Flow | |||||
| Free Cash Flow | -1.99M | -5.78M | -7.62M | -6.56M | -2.28M |
| Operating Cash Flow | -1.99M | -2.08M | -3.00M | -1.81M | -826.80K |
| Investing Cash Flow | -516.09K | -3.70M | -4.62M | -4.76M | -1.45M |
| Financing Cash Flow | 3.02M | 0.00 | 7.78M | 7.53M | 8.03M |
Kuniko 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$51.08M | -1.07 | -47.54% | ― | ― | 77.37% | |
45 Neutral | AU$5.95M | -32.58 | -27.10% | ― | ― | 60.00% | |
43 Neutral | AU$7.57M | -1.43 | -28.62% | ― | ― | 36.59% | |
42 Neutral | AU$42.51M | -7.10 | -99.27% | ― | ― | 54.55% | |
41 Neutral | AU$4.48M | -0.09 | -139.83% | ― | ― | 57.55% |
* Basic Materials Sector Average
AU:KNI
Kuniko Ltd.
0.04
-0.11
-74.48%
AU:MRD
Mount Ridley Mines Limited
0.03
0.02
166.67%
AU:AKN
AuKing Mining Ltd
0.03
0.02
160.00%
AU:EMT
eMetals Limited
0.01
<0.01
10.00%
AU:IMI
Infinity Mining Limited
0.01
0.00
0.00%
Kuniko Ltd. Corporate Events
Kuniko sets 28 May 2026 AGM, pushes digital engagement and proxy voting
Apr 28, 2026
Kuniko Ltd. has called its annual general meeting of shareholders for 28 May 2026 at 9:00 a.m. WST in Subiaco, Western Australia, and confirmed that the notice of meeting and explanatory materials are available online through its website and ASX a...
Kuniko details speculative new options offer in transaction-specific prospectus
Apr 27, 2026
Kuniko Limited has released a transaction-specific prospectus dated 27 April 2026 outlining offers of up to 34,433,963 new options to placement participants, 943,396 new options to participating directors, and 15,801,886 new options to joint lead ...
Kuniko director Gavin Rezos increases indirect shareholding
Apr 24, 2026
Kuniko Limited has reported a change in the relevant interests of director Gavin Rezos, disclosing indirect holdings through related entities Vivien Enterprises Pte Ltd, Floreant Ambo Pty Ltd and Aymon Pacific Pty Ltd. The filing, made under ASX l...
Kuniko Issues 43 Million New Shares as It Expands Critical Minerals Focus
Apr 24, 2026
Kuniko Limited, an Australian mineral exploration company with projects in silver, gold, base metals and European battery metals, is focused on supplying critical and strategic minerals for the energy transition. The company emphasises ethical sou...
Kuniko Seeks ASX Quotation for Director Fee Shares
Apr 23, 2026
Kuniko Limited has applied to the ASX for quotation of 4,529,620 new ordinary fully paid shares, issued on 23 April 2026. The shares were created through the conversion of director fees into equity, following shareholder approval granted on 15 Apr...
Kuniko seeks ASX quotation for 38.4 million new shares
Apr 23, 2026
Kuniko Ltd. has applied for the quotation of 38,422,344 ordinary fully paid shares on the Australian Securities Exchange, with an issue date of April 23, 2026. The move formalizes the listing of these previously issued securities and is likely aim...
Kuniko Extends High-Grade Sulphide Zone at Commonwealth Main Shaft
Apr 21, 2026
Kuniko has reported initial assay results from its maiden Phase I diamond drilling program at the Commonwealth–Silica Hill Project, confirming high-grade massive sulphide mineralisation at the Commonwealth Main Shaft. The first two holes, dr...
Kuniko Announces Lapse of 1.88 Million Performance Rights
Apr 17, 2026
Kuniko Ltd. has informed the market that 1,880,000 performance rights, trading under ASX code KNIAC, have ceased due to the lapse of conditional rights that could no longer be satisfied.The cessation of these performance rights reduces Kuniko̵...
Kuniko Highlights High-Grade Gold-Silver Project and Experienced Team in Quarterly Update
Apr 16, 2026
Kuniko presented its March quarterly update highlighting a high-grade gold-silver project it describes as having strategic optionality, suggesting potential flexibility in future development or transaction pathways. The presentation emphasizes the...
Kuniko Expands Commonwealth Gold–Silver Footprint With New Discoveries and Strong Cash Position
Apr 15, 2026
Kuniko Limited reported a strong March quarter as it advanced its Commonwealth–Silica Hill Gold–Silver Project in New South Wales and broadened its exploration footprint. The company completed a A$3.75 million capital raising and ended...
Kuniko Wins Strong Shareholder Backing for Capital Raising Resolutions
Apr 15, 2026
Kuniko Limited shareholders have overwhelmingly approved all resolutions put to a general meeting on 15 April 2026, including ratification of prior share issues and approval of new share and option placements. The strong backing for director parti...
Kuniko Sets 28 May 2026 for AGM and Director Nomination Deadline
Apr 2, 2026
Kuniko Limited has scheduled its Annual General Meeting of shareholders to be held in Subiaco, Western Australia, on 28 May 2026 at 9 a.m. WST. The company has notified that, in line with its constitution and ASX listing requirements, valid nomina...
Kuniko Outlines Governance Structure in 2025 Annual Report
Mar 31, 2026
Kuniko Limited has released its annual report for the year ended 31 December 2025, detailing its current board composition, recent director resignations and key corporate appointments. The report also outlines the company’s registered office...
Kuniko Outlines Strong Alignment With ASX Corporate Governance Standards
Mar 31, 2026
Kuniko has confirmed that, as at 31 March 2026, it largely complies with the ASX Corporate Governance Council’s fourth edition Principles and Recommendations, supported by a detailed Corporate Governance Plan available on its website. The co...
Kuniko shifts to digital-first communications for April shareholder meeting
Mar 16, 2026
Kuniko Ltd. has called a general meeting of shareholders for 9:00 a.m. WST on 15 April 2026 at its Subiaco, Western Australia venue, setting 5:00 p.m. WST on 13 April 2026 as the shareholder registration cut-off for voting eligibility. The company...
Kuniko to Release 1.69 Million Escrowed Shares in March–April 2026
Mar 12, 2026
Kuniko Limited has announced that a total of 1,687,500 escrowed shares will be progressively released to the market in March and April 2026. The release comprises 250,000 KNIESC1 shares on 11 March 2026 and 1,437,500 KNIESC2 shares on 2 April 2026...
Kuniko Intersects Massive Sulphides, Fast-Tracks Phase 2 Drilling at Commonwealth–Silica Hill
Mar 4, 2026
Kuniko has reported encouraging early drilling results from its Phase 1 diamond program at the Commonwealth–Silica Hill Project in the Lachlan Fold Belt, where three of six planned holes have been completed for 540 metres. The company has in...
Kuniko Issues Tranche 1 Shares Under Placement With Cleansing Notice
Mar 1, 2026
Kuniko Limited has issued 32,332,371 fully paid ordinary shares as part of Tranche 1 of a previously announced placement, expanding its share capital to support ongoing project and corporate activities. The company has confirmed that the shares we...
Kuniko Plans Significant Equity Placement and Option Issue
Feb 19, 2026
Kuniko Ltd. has outlined a proposed securities issue comprising 38,422,346 new fully paid ordinary shares and two tranches of options exercisable at A$0.07, expiring three years from issue, totaling 51,179,245 options. The placement, scheduled for...
Kuniko plans major placement of new ordinary shares on ASX
Feb 19, 2026
Kuniko Ltd. has notified the ASX of a proposed issue of up to 32,332,371 new fully paid ordinary shares. The securities will be issued via a placement or similar mechanism, with the proposed issue date set for 2 March 2026, reflecting a significan...
Kuniko raises A$3.75m to accelerate drilling at NSW gold–silver project
Feb 19, 2026
Kuniko Ltd. has secured firm commitments for a A$3.75 million equity placement at A$0.053 per share, backed by existing shareholders and domestic and international institutional investors. The capital raise is intended to accelerate resource valid...
Kuniko Fast-Tracks Drill Program at High-Grade Commonwealth Gold–Silver Project
Jan 30, 2026
Kuniko Limited reported strong progress at its Commonwealth Gold–Silver Project in New South Wales’ Lachlan Fold Belt during the December 2025 quarter, moving the historically drilled, high‑grade gold–silver–base meta...
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.