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AuKing Mining Ltd
(Sydney:AKN)
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Rating:43Neutral
Price Target:
AU$0.01
â–²(40.00% Upside)
Action:Reiterated
Date:08/22/26
The score is primarily constrained by weak financial performance (no revenue, ongoing losses, and negative operating/free cash flow), indicating continued dependence on external funding despite some improvement in 2025. Technical conditions are also soft (below key moving averages with negative MACD), with only a near-oversold RSI providing modest offset. Valuation provides limited support due to negative earnings (negative P/E) and no dividend yield data.
Positive Factors
Positive equity and modest leverage
Positive equity and modest recent leverage provide a more stable capital base than the company’s earnings profile alone would suggest. This balance-sheet position may preserve flexibility to advance exploration activities and manage funding needs over the next several quarters.
Negative Factors
No revenue and persistent losses
Zero reported revenue and recurring net losses show that AuKing has not yet established an operating earnings base. This leaves results dependent on exploration progress and financing rather than customer cash inflows, making sustainable profitability uncertain over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive equity and modest leverage
Positive equity and modest recent leverage provide a more stable capital base than the company’s earnings profile alone would suggest. This balance-sheet position may preserve flexibility to advance exploration activities and manage funding needs over the next several quarters.
Read all positive factors
AuKing Mining Ltd (AKN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$35.63M
Dividend YieldN/A
Average Volume (3M)9.89M
Price to Earnings (P/E)―
Beta (1Y)1.81
Revenue GrowthN/A
EPS Growth9.73%
CountryAU
Employees4
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding2,375,067,000
10 Day Avg. Volume12,265,542
30 Day Avg. Volume9,893,280
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...
How the Company Makes Money
AuKing Mining Ltd’s primary economic model is typical of an early-stage exploration company: it seeks to create value by acquiring mineral tenements, conducting exploration and technical studies to define and de-risk potential mineral resources, a...
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% | |
51 Neutral | AU$95.59M | -75.71 | -16.47% | ― | ― | 84.52% | |
49 Neutral | AU$56.81M | -19.05 | -2.34% | ― | ― | 40.68% | |
43 Neutral | AU$35.63M | -1.47 | -240.94% | ― | ― | 9.73% | |
43 Neutral | AU$53.88M | -10.28 | -26.95% | ― | ― | -52.75% | |
41 Neutral | AU$50.62M | -8.94 | -8.90% | ― | ― | ― | |
37 Underperform | AU$51.18M | -4.15 | -29.24% | ― | ― | -43.78% |
* Basic Materials Sector Average
AU:AKN
AuKing Mining Ltd
0.02
<0.01
50.00%
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Sunstone Metals Limited
0.20
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Mithril Resources Ltd
0.27
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AU:COD
Coda Minerals Ltd
0.12
-0.01
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AU:KLI
Killi Resources Limited
0.27
0.23
562.50%
AuKing Mining Ltd Corporate Events
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...
AuKing Mining Issues New Securities and Flags Potential Malawi Rare Earth Deal
Jul 22, 2026
AuKing Mining has issued 202,311,190 fully paid ordinary shares and 35,000,000 options, with most of the equity stemming from a recently announced share placement and a smaller portion paid in shares for road maintenance services at its Tundulu pr...
AuKing Mining Expands ASX-Quoted Share Capital
Jul 22, 2026
AuKing Mining Ltd has applied for quotation on the ASX of 2,311,190 additional ordinary fully paid shares. The new securities, issued under previously announced transactions, modestly expand the company’s listed capital base and may enhance ...
AuKing Mining Seeks ASX Quotation for Major New Share and Option Issue
Jul 22, 2026
AuKing Mining Limited has lodged an application with the ASX for quotation of a substantial new tranche of securities, comprising 200 million ordinary fully paid shares and 35 million options expiring on 31 December 2026. The issuance, formalised ...
AuKing Drilling Extends Carbonatite Footprint at Malawi Rare Earth Project
Jul 14, 2026
AuKing Mining has reported strong progress at its Tundulu Rare Earth Project in Malawi, completing more than 3,850m of reverse circulation drilling across 27 holes in an expanded 15,000m program. Geological logging has confirmed carbonatite inters...
AuKing Mining Plans New Share Placement to Raise Capital
Jul 14, 2026
AuKing Mining Ltd has notified the ASX of a proposed issue of securities, planning a placement of up to 2,311,190 ordinary fully paid shares under its AKN code. The new shares are scheduled for issue on July 21, 2026, signalling a fresh capital in...
AuKing Mining Plans Major Share and Option Placement on ASX
Jul 13, 2026
AuKing Mining Ltd has lodged a new Appendix 3B with the ASX detailing a proposed placement of up to 200 million ordinary fully paid shares and 35 million options. The issue is scheduled for 21 July 2026, with the options expiring on 31 December 20...
AuKing Mining Seeks Trading Halt Ahead of Institutional Capital Raising
Jul 9, 2026
AuKing Mining Limited has requested and been granted a trading halt on its securities by the ASX, effective from 10 July 2026. The halt will remain in place until either the company releases a pending announcement or normal trading resumes on 14 J...
AuKing Mining to Brief Investors on Malawi Drilling in Upcoming Webinar
Jul 8, 2026
AuKing Mining Limited has scheduled an investor webinar for Thursday, 9 July 2026, to engage shareholders and interested parties. The online event underscores the company’s efforts to maintain transparent communication with the market and up...
AuKing Mining Corrects Investor Presentation, Tightens Compliance on Project Disclosures
Jul 7, 2026
AuKing Mining has issued a clarification and retraction regarding its 11 June Gold Coast Investor Showcase presentation, after identifying multiple disclosures that did not comply with ASX and JORC Code (2012) requirements. The updated presentatio...
AuKing Mining Uncovers Extensive Carbonatite System at Malawi Rare Earth Project
Jul 1, 2026
AuKing Mining reported strong early progress at its Tundulu Rare Earth Project in Malawi, having completed more than 3,000 metres of reverse circulation drilling across 21 holes in a planned 10,000-metre RC and diamond program. Geological logging ...
AuKing issues new securities tied to African rare earth push
Jun 17, 2026
AuKing Mining Limited has issued 14,874,291 fully paid ordinary shares following the exercise of existing options and granted 60,000,000 new options as consideration for technical consulting services. The options relate to work on its recently acq...
AuKing Mining Seeks ASX Quotation for 60 Million New Options
Jun 17, 2026
AuKing Mining Ltd has applied for quotation on the ASX of 60,000,000 new options, trading under the code AKNO and expiring on 31 December 2026. The options, issued on 17 June 2026, form part of previously announced transactions and signal an expan...
AuKing Mining Seeks ASX Quotation for 14.9 Million New Shares
Jun 17, 2026
AuKing Mining Ltd has applied to the ASX for quotation of 14,874,291 new ordinary fully paid shares, with an issue date of June 17, 2026. The additional securities, which result from the exercise or conversion of existing instruments, will expand ...
AuKing Mining Plans Issue of 60 Million Options to Bolster Funding
Jun 16, 2026
AuKing Mining Ltd has notified the ASX of a proposed issue of up to 60 million options, each expiring on 31 December 2026, as part of a placement or similar capital raising structure. The options are expected to be issued on 17 June 2026, signalli...
AuKing Mining Withdraws Duplicate ASX Securities Application
Jun 9, 2026
AuKing Mining Ltd has withdrawn a previously lodged Appendix 2A application for quotation of securities after identifying that the earlier form filed on 9 June 2026 had been duplicated. The company clarified that the 10 June 2026 announcement was ...
AuKing Issues New Shares to Advance Malawi Tundulu Licence Acquisition
Jun 9, 2026
AuKing Mining has issued 88,483,333 fully paid ordinary shares, comprising shares from the exercise of December 2026 options and a large tranche linked to the acquisition of the Tundulu exploration licence in Malawi. The new shares form part of it...
AuKing Mining Issues 57 Million Unquoted Performance Shares Under Appendix 3G
Jun 9, 2026
AuKing Mining Ltd has notified the market of the issue of 57,142,857 unquoted performance shares, scheduled to mature in June 2029, under an Appendix 3G filing. The new securities, which are not intended to be quoted on the ASX, form part of a pre...
Auking Mining Issues 30 Million Unquoted Performance Rights
Jun 9, 2026
Auking Mining Ltd has notified the market of the issue of 30 million unquoted performance rights, registered under the ASX security code AKNAU, with an issue date of 9 June 2026. These securities, disclosed via an Appendix 3G filing, form part of ...
AuKing Mining seeks ASX quotation for 83 million new shares
Jun 9, 2026
AuKing Mining Ltd has applied to the ASX for quotation of 83,333,333 new ordinary fully paid shares, issued on 9 June 2026 and trading under its existing code AKN. The significant share issuance, previously flagged via an Appendix 3B, is expected ...
AuKing Mining Seeks ASX Quotation for 5.15 Million New Shares
Jun 9, 2026
AuKing Mining Ltd has applied to the ASX for quotation of 5,150,000 additional ordinary fully paid shares, to be issued on June 9, 2026. The new securities arise from the exercise or conversion of existing options or other convertible securities, ...
AuKing Mining Plans 30 Million Performance Rights Issue for Staff Incentives
Jun 9, 2026
AuKing Mining Ltd has lodged an Appendix 3B notice detailing a proposed issue of up to 30 million performance rights to employees and consultants, forming Tranche 2 of its incentive arrangements. The rights, which are scheduled for issue on 9 June...
AuKing Mining Seeks ASX Quotation for 5.15 Million New Shares
Jun 9, 2026
AuKing Mining Ltd has applied for quotation of 5,150,000 new ordinary fully paid shares on the ASX, with an issue date of June 9, 2026. The additional securities, arising from the exercise or conversion of existing instruments, will expand the com...
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.