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ARK Mines Ltd
(Sydney:AHK)
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Rating:54Neutral
Price Target:
AU$0.34
▼(-0.88% Downside)
Action:Reiterated
Date:10/02/26
The score is primarily supported by improved FY2026 financial results and a low-leverage balance sheet, but is held back by a lack of multi-year consistency after several years of losses/cash burn. Technical indicators are mixed with only modest momentum and an unrecovered long-term trend, while valuation is weakened by a negative P/E and no dividend yield data.
Positive Factors
FY2026 profitability turnaround
The FY2026 shift to meaningful revenue and strong reported profitability indicates a potentially improved earnings base. If maintained, positive EBIT, EBITDA, and net income can fund operations internally, support reinvestment, and improve financial resilience over the coming quarters.
Negative Factors
Limited multi-year earnings consistency
The latest turnaround has not yet established a durable earnings track record because several preceding years produced minimal revenue and operating losses. This history makes future revenue and profit sustainability uncertain and increases dependence on repeating the FY2026 improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
FY2026 profitability turnaround
The FY2026 shift to meaningful revenue and strong reported profitability indicates a potentially improved earnings base. If maintained, positive EBIT, EBITDA, and net income can fund operations internally, support reinvestment, and improve financial resilience over the coming quarters.
Read all positive factors
ARK Mines Ltd (AHK) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$23.51M
Dividend YieldN/A
Average Volume (3M)57.13K
Price to Earnings (P/E)24.8
Beta (1Y)0.81
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees6
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.01
Shares Outstanding72,338,240
10 Day Avg. Volume25,247
30 Day Avg. Volume57,131
Financial Highlights & Ratios
PEG Ratio-0.11
Price to Book (P/B)1.97
Price to Sales (P/S)8.25
P/FCF Ratio5.63
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
ARK Mines Ltd Business Overview & Revenue Model
Company Description
Based in Australia, Ark Mines Limited primarily engages in mineral exploration and resource extraction. It wholly owns three key Australian properties: the Gunnawarra Project (34.1 hectares), the Pluton Gold Project (18.6 hectares), and the Mount ...
How the Company Makes Money
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ARK Mines Ltd Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
74
Positive
Cash Flow
49
Neutral
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.01M | 6.00K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.98M | 6.00K | -24.33K | -8.26K | -1.45K |
| EBITDA | 563.53K | -1.12M | -1.18M | -985.78K | -366.00K |
| Net Income | 893.73K | -1.19M | -1.20M | -994.04K | -2.44M |
Balance Sheet | |||||
| Total Assets | 10.77M | 7.18M | 6.35M | 4.77M | 5.53M |
| Cash, Cash Equivalents and Short-Term Investments | 3.85M | 1.30M | 1.35M | 1.14M | 2.90M |
| Total Debt | 0.00 | 575.75K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.38M | 774.19K | 250.45K | 367.86K | 133.47K |
| Stockholders Equity | 8.40M | 6.40M | 6.10M | 4.41M | 5.40M |
Cash Flow | |||||
| Free Cash Flow | 2.94M | -2.09M | -2.69M | -1.76M | -1.42M |
| Operating Cash Flow | 2.94M | -1.16M | -1.13M | -866.65K | -808.80K |
| Investing Cash Flow | -1.00M | -925.89K | -1.56M | -889.66K | -610.59K |
| Financing Cash Flow | 610.88K | 2.04M | 2.90M | 0.00 | 4.32M |
ARK Mines Ltd Technical Analysis
Negative
0.34
Price Trends
0.33
Negative
0.30
Negative
0.36
Negative
Market Momentum
>-0.01
Positive
42.50
Neutral
46.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AHK, the sentiment is Negative. The current price of 0.34 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.33, and below the 200-day MA of 0.36, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.50 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:AHK.
ARK Mines 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% | |
54 Neutral | AU$23.51M | 24.80 | 11.00% | ― | ― | ― | |
48 Neutral | AU$52.05M | -23.81 | -9.39% | ― | ― | 80.82% | |
46 Neutral | AU$18.85M | -11.82 | -50.22% | ― | ― | 53.85% | |
45 Neutral | AU$20.87M | -16.67 | -11.59% | ― | ― | -47.00% | |
43 Neutral | AU$14.32M | -3.88 | -15.95% | 3.15% | ― | 15.52% |
* Basic Materials Sector Average
AU:AHK
ARK Mines Ltd
0.31
-0.08
-19.74%
AU:KRM
Kingsrose Mining Ltd
0.02
-0.03
-60.42%
AU:HMG
Hamelin Gold Limited
0.20
0.13
185.71%
AU:MVL
Marvel Gold Ltd.
0.01
>-0.01
-23.53%
AU:CVR
Cavalier Resources Limited
0.25
-0.11
-31.94%
ARK Mines Ltd Corporate Events
Ark Mines Updates Corporate Governance Framework to Align with ASX Standards
Sep 29, 2026
Ark Mines Ltd has formalized a comprehensive corporate governance framework, approved as of 25 September 2026, to guide its Board in overseeing the company’s operations on behalf of shareholders. The framework follows ASX Corporate Governanc...
Ark Mines Sets Out 2026 Governance and Corporate Framework in Annual Report
Sep 29, 2026
Ark Mines Ltd has released its annual report for the year ended 30 June 2026, outlining its status as a rare earth and critical minerals developer on the ASX. The report highlights the company’s established corporate infrastructure, includin...
ARK Mines triples Sandy Mitchell rare earths resource, boosts project confidence
Sep 21, 2026
ARK Mines Ltd has reported a substantially expanded mineral resource estimate at its 100%-owned Sandy Mitchell rare earth elements and heavy minerals project in North Queensland, now totalling about 629 million tonnes at 1,769 ppm monazite equival...
Ark Mines Seeks Shareholder Approval on Capital Moves and Director Options
Sep 4, 2026
Ark Mines Ltd has called a general meeting for 6 October 2026 in Sydney, asking shareholders to approve several capital and governance-related resolutions. The agenda includes ratifying a prior share issue to former director Ian Mitchell, a select...
ARK Mines addresses ASX price query and clarifies Sandy Mitchell exploration status
Aug 20, 2026
ARK Mines Ltd has responded to an ASX price query, stating it is not aware of any undisclosed information that would explain recent trading in its shares beyond an accompanying announcement on Sandy Mitchell stage 3 mineralogical results. The comp...
Ark Mines expands Sandy Mitchell rare earth resource with Stage 3 drilling
Aug 20, 2026
Ark Mines Ltd has completed Stage 3 resource expansion drilling at its Sandy Mitchell Rare Earth and Heavy Minerals Project in North Queensland, adding 218 vertical holes over 1,924.4 hectares to the existing drilled area. The program, designed on...
Ark Mines Reshapes Governance Roles After Company Secretary Retires
Aug 5, 2026
Ark Mines Ltd has announced the retirement of company secretary Ian Burnham Mitchell, who also stepped down as a director on 30 June 2026. The board has acknowledged his contribution and extended well wishes for his retirement.Following Mitchell&#...
ARK Mines Corrects Historical Share Rounding Error in ASX Quotation
Aug 4, 2026
ARK Mines Ltd has lodged a new application with the ASX for quotation of a small parcel of ordinary fully paid shares under code AHK, correcting a historical rounding error in securities issued on 17 December 2021. The adjustment concerns 30 share...
Ark Mines Boosts Cash Reserves Through Royalty Sale and Equity Raising
Jul 30, 2026
Ark Mines Ltd reported a net cash outflow from operating activities of A$309,000 for the June quarter, reflecting continued spending on exploration and evaluation and administration, with no revenue from customers. Over the full year, operating ca...
Ark Mines Advances Sandy Mitchell with Saleable Rare Earth and Titanium Products
Jul 30, 2026
Ark Mines reported a key technical breakthrough at its Sandy Mitchell project, confirming that commercially saleable monazite rare earth and leucoxene titanium products can be produced from heavy mineral concentrates using dry magnetic and electro...
Ark Mines Moves to Remedy ASX Listing Rule Breach Over Director Share Issue
Jul 30, 2026
Ark Mines Ltd has disclosed that it inadvertently breached ASX Listing Rule 10.11 in relation to the conversion of unsecured loans held by former director Ian Mitchell into equity. The company issued 2,750,000 shares more than one month after shar...
ARK Mines Options Expire, Trimming Potential Dilution
Jul 30, 2026
ARK Mines Ltd, an ASX-listed mining company trading under the code AHK, maintains a portfolio of listed options and other convertible instruments as part of its capital structure. These securities provide investors with exposure to the companyR...
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.