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AuKing Mining Ltd
(Sydney:AKN)
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Rating:43Neutral
Price Target:
AU$0.01
▲(30.00% Upside)
Action:Reiterated
Date:10/15/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow), indicating continued dependence on external funding. Technicals also lean bearish with the price below key moving averages and negative MACD. Valuation offers limited support due to negative earnings (negative P/E) and no dividend yield data.
Positive Factors
Positive Equity and Modest Leverage
A positive equity base and modest recent leverage provide greater financial stability than a highly debt-funded exploration model. This should preserve flexibility to fund technical work and permitting, while reducing near-term pressure from debt servicing as projects advance.
Negative Factors
No Operating Revenue
Zero revenue means the company has not yet demonstrated commercial operating traction or an internally funded business model. Until a project reaches development and production, future spending and corporate activities remain dependent on financing, partnerships or other external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive Equity and Modest Leverage
A positive equity base and modest recent leverage provide greater financial stability than a highly debt-funded exploration model. This should preserve flexibility to fund technical work and permitting, while reducing near-term pressure from debt servicing as projects advance.
Read all positive factors
AuKing Mining Ltd (AKN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$29.04M
Dividend YieldN/A
Average Volume (3M)9.89M
Price to Earnings (P/E)―
Beta (1Y)2.00
Revenue GrowthN/A
EPS Growth9.73%
CountryAU
Employees4
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding2,420,258,500
10 Day Avg. Volume10,826,003
30 Day Avg. Volume9,885,230
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.48
Price to Sales (P/S)0.00
P/FCF Ratio-1.27
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
AuKing Mining Ltd Business Overview & Revenue Model
Company Description
AuKing Mining Limited is an emerging exploration firm dedicated to identifying, purchasing, and advancing mining ventures across Australia. Its core activities revolve around the search for copper, gold, and various base metal deposits. A signific...
AuKing Mining Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
55
Neutral
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -15.59K | -20.95K | -40.78K | -47.40K | -38.94K | -13.67K |
| EBITDA | -14.27M | -2.26M | -5.09M | -11.54M | -2.31M | -1.06M |
| Net Income | -15.36M | -2.84M | -5.55M | -12.66M | -2.35M | -1.76M |
Balance Sheet | ||||||
| Total Assets | 9.42M | 8.11M | 8.23M | 9.37M | 10.28M | 7.73M |
| Cash, Cash Equivalents and Short-Term Investments | 1.33M | 113.69K | 33.86K | 396.31K | 1.66M | 2.50M |
| Total Debt | 0.00 | 900.95K | 801.62K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 2.97M | 1.81M | 1.95M | 377.58K | 417.31K | 626.48K |
| Stockholders Equity | 6.45M | 6.30M | 6.27M | 8.99M | 9.86M | 7.10M |
Cash Flow | ||||||
| Free Cash Flow | -4.60M | -2.39M | -2.22M | -4.44M | -6.29M | -6.39M |
| Operating Cash Flow | -4.60M | -2.36M | -1.98M | -3.67M | -1.85M | -1.85M |
| Investing Cash Flow | 281.89K | 257.71K | -161.47K | -509.57K | -3.87M | -4.54M |
| Financing Cash Flow | 5.61M | 2.18M | 1.78M | 2.92M | 4.87M | 8.87M |
AuKing Mining 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$31.21M | -17.71 | -8.00% | ― | ― | 64.96% | |
45 Neutral | AU$49.70M | -15.57 | -2.63% | ― | ― | 11.63% | |
43 Neutral | AU$29.04M | -1.08 | -240.94% | ― | ― | 9.73% | |
43 Neutral | AU$40.52M | -2.76 | -38.32% | ― | ― | -113.13% | |
43 Neutral | AU$91.98M | -21.55 | -18.98% | ― | ― | 30.00% | |
42 Neutral | AU$33.75M | -6.13 | -8.90% | ― | ― | ― |
* Basic Materials Sector Average
AU:AKN
AuKing Mining Ltd
0.01
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AuKing Mining Ltd Corporate Events
AuKing Mining Lifts Cash Reserves Through Equity Raising Amid Ongoing Exploration Spend
Oct 21, 2026
AuKing Mining reported net operating cash outflows of A$2.8 million for the September 2026 quarter, driven by exploration spending on its Malawi and Tanzania projects, staff costs and corporate administration. Investing cash flows were minimal, wi...
AuKing Mining Corrects ASX Notice on Unquoted Securities Issue
Oct 14, 2026
AuKing Mining Ltd has filed an updated Appendix 3G with the ASX to correct the reported number of newly issued unquoted securities. The company clarified that the issuance involves 20,000,000 securities rather than the 10,000,000 previously disclo...
AuKing Mining Details Greenland Niobium Acquisition and Exploration Data Caution
Oct 13, 2026
AuKing Mining has released an investor presentation outlining its acquisition of a high-grade niobium project in Greenland, known as the Qeqertaasaq Niobium Project. The presentation also references the Tundulu Rare Earth Project and notes that hi...
Tusker Minerals completes $800,000 Green Exploration sale to AuKing Mining
Oct 13, 2026
Tusker Minerals Ltd has completed the sale of its subsidiary Green Exploration Ltd to AuKing Mining Ltd, transferring ownership of the Machinga heavy rare earths project and the Ngala Hill, Salambidwe and Karonga projects in Malawi. Tusker will co...
AuKing Mining Issues New Shares and Advances Tundulu Drilling Assays
Oct 13, 2026
AuKing Mining Ltd has issued 45,191,584 fully paid ordinary shares on the ASX, comprising 40 million shares tied to the acquisition of Green Exploration Ltd and 5,191,584 shares from the exercise of December 2026 options, and confirmed the new sec...
AuKing Mining Issues 10 Million Unquoted Performance Shares
Oct 13, 2026
AuKing Mining Limited has notified the market of the issue of 10,000,000 unquoted performance shares, designated under the ASX security code AKNAW, effective 13 October 2026. The new securities form part of previously announced transactions and ar...
AuKing Mining Issues 50 Million Unquoted Performance Shares
Oct 13, 2026
AuKing Mining Ltd has notified the market of the issue of 50,000,000 unquoted performance shares, designated under the ASX security code AKNAW, effective 13 October 2026. These securities form part of previously announced transactions and are not ...
AuKing Mining Seeks ASX Quotation for 10 Million New Shares
Oct 13, 2026
AuKing Mining Ltd has applied for quotation of 10,000,000 new ordinary fully paid shares on the ASX, with an issue date of 13 October 2026. The additional securities, lodged under an Appendix 2A application, expand the company’s quoted share...
AuKing Mining Seeks ASX Quotation for 30 Million New Shares
Oct 13, 2026
AuKing Mining Ltd has applied for quotation of 30,000,000 new ordinary fully paid shares on the ASX, with the securities issued on 13 October 2026. The application, lodged as an Appendix 2A new announcement, reflects the formal move to have these ...
AuKing Moves Into Greenland With High-Grade Niobium and Rare Earths Deal
Oct 12, 2026
AuKing Mining Ltd has signed a binding term sheet to acquire up to a 75% interest in the Qeqertaasaq Project in West Greenland, a district-scale carbonatite complex prospective for niobium and rare earth elements. The deal involves no upfront cost...
AuKing Mining Shares Halted Ahead of Project Acquisition Announcement
Oct 11, 2026
AuKing Mining Limited has requested and received a trading halt on its securities from the ASX, effective 12 October 2026. The halt will remain in place until either the company issues a pending announcement or normal trading resumes on Wednesday,...
AuKing hits multiple high-grade rare earth zones at Malawi’s Nathace Hill
Oct 8, 2026
AuKing Mining reported multiple high-grade total rare earth oxide intersections across several zones at Nathace Hill within its Tundulu project in Malawi. The latest reverse circulation drilling has confirmed significant mineralisation in western,...
AuKing expands high-grade rare earth footprint at Malawi’s Tundulu project
Sep 20, 2026
AuKing Mining reported strong rare earth drill results from step-out reverse circulation holes on the western flank of Nathace Hill at its Tundulu project in southern Malawi. The latest assays show wide, high-grade total rare earth oxide intervals...
AuKing Mining to Brief Investors on Tundulu Rare Earths Drilling Progress
Sep 14, 2026
AuKing Mining Limited has scheduled an investor webinar to update shareholders and interested parties on its Tundulu Rare Earths Project in Malawi. The session will feature Managing Director Paul Williams and Exploration Manager Ian McBride, who w...
AuKing Greenlights 1,000m Deep Drill Test at Malawi Rare Earths Project
Sep 14, 2026
AuKing Mining Ltd, an Australia-listed rare earths explorer, is advancing its Tundulu Rare Earths Project in southern Malawi, where it targets carbonatite-hosted rare earth mineralisation. Supported by solid funding and operating alongside major r...
AuKing’s Tundulu drilling uncovers exceptional heavy rare earth grades
Sep 13, 2026
AuKing Mining Ltd has reported exceptional initial assay results from its maiden reverse circulation drilling program at the Tundulu Rare Earth Project in southern Malawi, with broad high-grade total rare earth oxide intersections that exceed hist...
AuKing Mining Moves EGM Notices and Voting Online for October Meeting
Sep 10, 2026
AuKing Mining Ltd has called an Extraordinary General Meeting for 19 October 2026 in Brisbane, with resolutions to be decided by poll using proxy votes and votes from shareholders attending in person. The company is shifting to electronic distribu...
AuKing Mining Sets October 2026 Extraordinary General Meeting and Voting Timetable
Sep 10, 2026
AuKing Mining Ltd has called an Extraordinary General Meeting for 9.00am Brisbane time on 19 October 2026 at HopgoodGanim’s offices on Queen Street, Brisbane. The company will rely on electronic access to meeting materials, with shareholders...
AuKing Extends Tundulu Diamond Drilling as Carbonatite System Broadens
Sep 2, 2026
AuKing Mining has issued a supplementary announcement clarifying compliance with ASX requirements on visual mineralisation reporting at its Tundulu project. The company has provided estimated abundances of minerals logged in diamond drill hole 26N...
AuKing Builds Assay Pipeline to Advance Tundulu Rare Earths Resource
Aug 30, 2026
AuKing Mining has secured eight Malawi export approvals covering 4,133 reverse circulation drill samples from its Tundulu Rare Earths Project, with further approvals to be sought for samples from ongoing diamond drilling. Assay results for the fir...
AuKing widens interim loss as it moves to acquire Malawi rare earths project
Aug 28, 2026
AuKing Mining Limited has reported a significantly wider interim loss of $14.1 million for the half-year to 30 June 2026, compared with a $1.6 million loss a year earlier. The result reflects heightened investment and acquisition activity as the c...
AuKing Mining expands share capital through option exercises
Aug 24, 2026
AuKing Mining Limited has issued 6,571,429 new fully paid ordinary shares on the ASX following the exercise of two tranches of options maturing in December 2026 and December 2029. The issuance, conducted without a prospectus under the Corporations...
AuKing Mining Seeks ASX Quotation for New Share Issue
Aug 24, 2026
AuKing Mining has applied for quotation of 6,571,429 new ordinary fully paid shares on the ASX, expanding its listed securities base. The shares are scheduled to be issued and quoted on August 24, 2026, signaling a fresh capital move that may supp...
AuKing Mining Plans Share Placement and New Performance Securities
Aug 17, 2026
AuKing Mining Ltd has lodged an Appendix 3B detailing a proposed issue of securities on the ASX, comprising up to 10 million ordinary fully paid shares and 20 million unlisted performance shares maturing in September 2029. The placement, scheduled...
AuKing Mining seeks ASX quotation for 10 million options
Aug 6, 2026
AuKing Mining Ltd has applied to the ASX for quotation of 10 million options under the code AKNO, with an expiry date of 31 December 2026. The options, issued as part of previously disclosed transactions, expand the company’s listed securiti...
AuKing Mining seeks ASX quotation for 34.7 million new shares
Aug 6, 2026
AuKing Mining Ltd has applied for quotation of 34,684,710 ordinary fully paid shares on the ASX, with an issue date of 7 August 2026. The new securities result from the exercise or conversion of existing options or other convertible instruments, e...
AuKing Mining Plans Issue of 20 Million Options to Boost Capital Flexibility
Aug 6, 2026
AuKing Mining Ltd has notified the ASX of a proposed issue of new securities, outlining plans to issue up to 20 million options with an expiry date of 31 December 2026. The options, designated under the ASX security code AKNO, are scheduled for is...
AuKing Mining Sets Investor Webinar to Detail Malawi Rare Earths Deal and Funding
Aug 4, 2026
AuKing Mining Limited will host an investor webinar on 5 August 2026 to brief shareholders and interested parties on its recently announced acquisition of the Machinga Heavy Rare Earths Project in south-eastern Malawi. Managing director Paul Willi...
AuKing Mining Locks In $9.14m Option Underwriting Deal With GBA Capital
Aug 4, 2026
AuKing Mining Limited has secured an underwriting agreement with GBA Capital to fully underwrite up to 304,734,034 unlisted options exercisable at $0.03 and expiring in April 2027, ensuring the company can raise about $9.14 million if the options ...
AuKing Mining Plans Major Equity Issue to Fund Growth
Aug 3, 2026
AuKing Mining Ltd has lodged an Appendix 3B with the ASX outlining a proposed issue of new securities, comprising up to 30,000,000 ordinary fully paid shares and 50,000,000 unlisted performance shares. The placement or other type of issue is sched...
Tusker Minerals Sells Malawi Rare Earths Project to AuKing in A$4m Refocus Deal
Aug 3, 2026
Tusker Minerals has entered a binding agreement to sell 100% of its Machinga rare earth elements project in southern Malawi to AuKing Mining for total consideration of up to A$4 million. The package includes staged cash payments, ordinary shares a...
AuKing Moves to Buy High-Grade Machinga Rare Earths Project in Malawi
Aug 3, 2026
AuKing Mining Ltd has agreed to acquire 100% of the Machinga Heavy Rare Earths Project in southern Malawi, adding a second rare earth asset in the Chilwa Alkaline Province. The project covers 200.4km² across two exploration licences near the ...
AuKing advances Tundulu rare earths drilling with carbonatite hits and diamond program
Jul 30, 2026
AuKing Mining has completed the reverse circulation phase of its maiden 15,000m drilling program at the Tundulu Rare Earths Project, logging 4,300m across 31 holes and confirming carbonatite intersections in 28 holes, including step-out targets be...
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.