AuKing Mining (ASX:AKN) - Stock Price, News & Analysis

AKN Stock Overview

Operates as a resource exploration and development company in Australia and Tanzania.

AKN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 56.1% per year over past 5 years

Does not have a meaningful market cap (A$2M)

Makes less than USD$1m in revenue (A$0)

Highly volatile share price over the past 3 months

+ 1 more risk

AuKing Mining Limited Competitors

Bindi Metals

ASX:BIM

AU$2.5m

DMC Mining

ASX:DMM

AU$2.7m

Western Yilgarn

ASX:WYX

AU$2.5m

ENRG Elements

ASX:EEL

AU$2.1m

Price History & Performance

Summary of all time highs, changes and price drops for AuKing Mining
Historical stock prices
Current Share Price	AU$0.006
52 Week High	AU$0.069
52 Week Low	AU$0.006
Beta	0.92
11 Month Change	-45.45%
3 Month Change	-70.00%
1 Year Change	-89.09%
33 Year Change	-96.92%
5 Year Change	-98.50%
Change since IPO	-100.00%

Recent updates

Shareholder Returns

	AKN	AU Metals and Mining	AU Market
7D	-25.0%	1.0%	0.4%
1Y	-89.1%	-12.9%	10.9%

Return vs Industry: AKN underperformed the Australian Metals and Mining industry which returned -12.9% over the past year.

Return vs Market: AKN underperformed the Australian Market which returned 10.9% over the past year.

Price Volatility

Is AKN's price volatile compared to industry and market?
AKN volatility
AKN Average Weekly Movement	20.3%
Metals and Mining Industry Average Movement	11.1%
Market Average Movement	8.4%
10% most volatile stocks in AU Market	16.7%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: AKN's share price has been volatile over the past 3 months.

Volatility Over Time: AKN's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
1995	n/a	Paul Williams	www.aukingmining.com

AuKing Mining Limited operates as a resource exploration and development company in Australia and Tanzania. It primarily explores for copper, zinc, gold, silver, lead, uranium, and other base metals. The company was formerly known as Chinalco Yunnan Copper Resources Limited and changed its name to AuKing Mining Limited in May 2017.

AuKing Mining Limited Fundamentals Summary

How do AuKing Mining's earnings and revenue compare to its market cap?
AKN fundamental statistics
Market cap	AU$2.23m
Earnings (TTM)	-AU$12.66m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.2x

P/E Ratio

Is AKN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKN income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$12.66m
Earnings	-AU$12.66m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.04
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did AKN perform over the long term?

See historical performance and comparison

AKN Stock Overview

Rewards

Risk Analysis

AuKing Mining Limited Competitors

ASX:BIM

AU$2.5m

ASX:DMM

AU$2.7m

ASX:WYX

AU$2.5m

ASX:EEL

AU$2.1m

Price History & Performance

Recent News & Updates

AuKing Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.13 million.

New major risk - Shareholder dilution

AuKing Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.151 million.

AuKing Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.151 million.

AuKing Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.6 million.

New major risk - Share price stability

Recent updates

AuKing Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.13 million.

New major risk - Shareholder dilution

AuKing Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.151 million.

AuKing Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.151 million.

AuKing Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.6 million.

New major risk - Share price stability

AuKing Mining Limited, Annual General Meeting, May 30, 2024

AuKing Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.25 million.

AuKing Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.25 million.

AuKing Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.25 million.

AuKing Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.25 million.

New major risk - Share price stability

Auking Mining Limited Appoints Zuliang (Park) Wei as Additional Non-Executive Director

Auking Mining Limited Updates Maiden Mineral Resource Estimate for Emull

No independent directors

Auking Mining Limited Confirms Intersection of Further Copper Mineralisation at Emull Deposit at its Koongie Park Copper/Zinc Project in Western Australia's Halls Creek Region

Auking Mining Limited Completes Drilling Program at Koongie Park Project

AuKing Mining Limited announced that it expects to receive AUD 3.5 million in funding

Auking Mining Limited Reports Outstanding Copper Recoveries Up to 90% from its Metallurgical Testwork at the Onedin Deposit at its Koongie Park Project in Western Australia's Halls Creek Region

AuKing Mining Limited Announces Copper Mineralisation Discovered At Cosmo Prospect

Auking Mining Limited Announces Pivotal Copper/Zinc System Confirmed At Emull Project

AuKing Mining Limited Provides Drilling Update on Koongie Park Copper/Zinc Project

Auking Mining Limited Announces Drilling Activities At Koongie Park

AuKing Mining Limited Announces Commencement of Drilling at Koongie Park

AuKing Mining Limited Provides Update as to Progress with the Metallurgical Testwork Program at Onedin

Auking Mining Limited Announces Multiple Cobalt Intersections Identified At Koongie Park

Less than half of directors are independent

AuKing Mining Limited Delivers 30% Increase in Koongie Park Copper Zinc Project Mineral Resource Estimate

AuKing Mining Limited (ASX:AKN) entered into an agreement to acquire remaining 25% stake in Koongie Park Project from Anglo Australian Resources NL (ASX:AAR) for AUD 6 million.

Auking Mining Limited Reports Further High-Grade Assay Results from Final Drill Holes from the Onedin Drilling Program At Koongie Park

Auking Mining Limited Reports Further High-Grade Assay Results from Final Drill Holes from the Onedin Drilling Program At Koongie Park

AuKing Mining Limited Announces Further Significant High-Grade Copper and Silver Intersections At Onedin

AuKing Mining Limited Announces Significant High-Grade Assay Results from Drill Hole AORD004

Auking Mining Limited Provides Koongie Park JV Update

Auking Mining Limited Re-Lists on Asx and Proceeds with Koongie Park Project

Shareholder Returns

Price Volatility

About the Company

AuKing Mining Limited Fundamentals Summary

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Earnings & Revenue