Arkle Resources PLC (ARK) AI Stock Analysis

• Market Cap: £7.12M
• Dividend Yield: N/A
• Average Volume (3M): 3.49M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 5
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 1,468,977,700
• 10 Day Avg. Volume: 1,700,665
• 30 Day Avg. Volume: 3,489,541
• PEG Ratio: <0.01
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.66
• 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: 49 Neutral
• Price Target: 0.50p ▲(24.50% Upside)

The score is held down primarily by weak financial performance (no revenue, widening losses, and ongoing cash burn with shrinking equity). Technicals provide a meaningful offset with price trading above key moving averages and positive MACD, while valuation remains unattractive/unclear due to negative earnings and no stated dividend yield.

Positive Factors

Debt-free balance sheet

A zero-debt position materially reduces refinancing and interest-rate risk for an exploration firm. This structural conservatism preserves financing optionality and limits fixed financing costs, allowing capital raised to be deployed directly into exploration or farm-out deals over the medium term.

Exploration / monetisation business model

A business model focused on discovering and monetising early-stage licences via sales, joint ventures or farm-outs aligns incentives with capital partners and can scale progress without needing to become a financier. Structurally this reduces long-term operating complexity if successful discoveries attract partners.

Lean cost base

A very small headcount indicates low fixed overheads, which lengthens runway per fundraising round and allows a higher portion of capital to fund exploration activity. Over 2–6 months, lower structural costs reduce the pace at which equity needs to be diluted to sustain programs.

Negative Factors

No operating revenue

Absence of operating revenue across multiple years means the company cannot self-fund activities, increasing dependence on external capital. This is a durable constraint for explorers: without consistent cash-generative operations, project advancement and shareholder returns rely on successful asset exits or continued financing.

Widening net losses

A sharp deterioration in profitability materially weakens the balance sheet and reduces equity, making future fundraises more dilutive and costly. Persistently rising losses constrain the firm's ability to finance exploration work, partner on favourable terms, or sustain multi-year projects without restructuring.

Consistent cash burn

Negative operating and free cash flow year-after-year creates a structural funding requirement. Reliance on external financing raises execution risk, potential dilution, and timing uncertainty for advancing projects; it also limits the company's ability to capitalize on opportunities without partner funding.

Arkle Resources PLC Business Overview & Revenue Model

Company Description

Arkle Resources PLC, together with its subsidiaries, engages in the exploration and development of mineral resources in Ireland. The company primarily explores for gold, zinc, and lead deposits. It holds interests in 28 prospecting licences throughout Ireland. The company was formerly known as Connemara Mining Company Plc and changed its name to Arkle Resources PLC in March 2019. Arkle Resources PLC was founded in 2004 and is based in Dublin, Ireland.

How the Company Makes Money

Arkle Resources PLC Financial Statement Overview

Summary

Very weak operating fundamentals: no revenue reported across 2020–2024, persistent losses that worsened sharply in 2024, and ongoing negative operating/free cash flow. The main positive is a debt-free balance sheet, but equity declined meaningfully in 2024, increasing financing/dilution risk.

Income Statement

The company reports no revenue across 2020–2024, indicating it is not generating operating sales. Losses widened sharply in 2024 (net loss of 2.0m vs. 0.26m loss in 2023), showing materially weaker profitability and cost discipline year over year. A one-off profit in 2021 did not translate into sustained earnings power, and operating results remain consistently negative.

Balance Sheet

Balance sheet leverage appears conservative with zero reported debt in every year, which reduces refinancing and interest-rate risk. However, equity has declined meaningfully (from 3.7m in 2022/2023 to 2.0m in 2024), consistent with ongoing losses and raising the risk of future dilution or funding needs. Returns to shareholders are weak, with return on equity deeply negative in 2024.

Cash Flow

Cash generation is consistently negative: operating cash flow is negative every year (including -0.13m in 2024), and free cash flow is also negative each year (around -0.38m in 2024). While 2024 free cash flow improved versus 2023, the business still relies on external funding to sustain operations, and cash burn remains a central risk.

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	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-273.00	-272.29K	-2.75K	-295.00K	-15.79K	-324.00K
Net Income	-1.96K	-2.00M	-258.00K	-299.00K	426.26K	-1.10M
Balance Sheet
Total Assets	2.58M	2.60M	4.18M	4.20M	3.94M	4.08M
Cash, Cash Equivalents and Short-Term Investments	3.00K	27.30K	91.08K	199.99K	79.68K	684.84K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	709.00K	615.00K	515.98K	481.49K	393.54K	1.08M
Stockholders Equity	1.87M	1.98M	3.67M	3.72M	3.55M	3.00M
Cash Flow
Free Cash Flow	-24.00	-383.79K	-357.79K	-333.25K	-727.59K	-553.26K
Operating Cash Flow	-24.00	-133.42K	-259.14K	-173.31K	-270.00K	-335.01K
Investing Cash Flow	-141.00	-250.37K	-98.64K	-159.94K	-457.59K	-218.25K
Financing Cash Flow	0.00	318.94K	246.13K	465.82K	96.91K	1.19M

Arkle Resources PLC 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%
TYM	53 Neutral	£5.93M	-5.25	-44.38%	―	1.77%	33.33%
ARK	49 Neutral	£7.12M	-1.53	-67.90%	―	―	―
AYM	45 Neutral	£3.03M	-4.46	-4.75%	―	―	36.36%
ALBA	43 Neutral	£4.86M	-0.63	-44.29%	―	―	―
CHF	43 Neutral	£1.97M	-1.91	-163.85%	―	―	―
SRES	41 Neutral	£2.34M	-1.50	-37.00%	―	―	-100.00%

Arkle Resources PLC Corporate Events

Arkle Resources Buys Namibian Uranium Assets and Raises £1.7m in Oversubscribed Placing

Arkle Resources PLC has acquired an 85% interest in Namibia Uranium Pty Ltd for £2.032 million, gaining four exclusive prospecting licences in Namibia’s Erongo Region that sit alongside the Trekkopje, Marenica and Rössing uranium deposits. The deal is accompanied by a significantly oversubscribed £1.7 million equity fundraise at 0.4p per share, which will part-fund the acquisition and underpin a two-phase 2026 exploration programme including geophysical surveys, sampling and up to 4,000 metres of reverse circulation drilling, while new board appointments strengthen the management team. The move positions Arkle as a new uranium exploration platform in the London market at a time of tightening uranium supply and rising demand, giving investors leveraged exposure to a tier-one uranium jurisdiction where initial sampling has already confirmed high-grade surface mineralisation and potentially enhancing the company’s growth prospects in the global nuclear fuel sector.

The most recent analyst rating on (GB:ARK) stock is a Hold with a £0.54 price target. To see the full list of analyst forecasts on Arkle Resources PLC stock, see the GB:ARK Stock Forecast page.

Arkle Resources Updates on Stonepark Zinc Project Developments

Arkle Resources PLC has provided an update on its Stonepark Zinc Project, where it holds a 22.36% interest. Recent exploration drilling at the Carrickittle West Prospect identified new priority drill targets, with additional drilling planned for late 2025 and 2026. This development could enhance Arkle’s position in the zinc exploration sector and potentially impact its operations and stakeholder interests.

Ciaran Koehane Acquires Significant Stake in Arkle Resources PLC

Arkle Resources PLC has announced that Mr. Ciaran Koehane now holds 22,930,954 ordinary shares in the company, which accounts for 3.13% of its issued share capital and voting rights. This development could potentially influence the company’s shareholder dynamics and voting outcomes, reflecting a significant stake by Mr. Koehane.