How does AKO's PB Ratio compare to its peers?

AKO is expensive based on its Price-To-Book Ratio (1.1x) compared to the peer average (0.8x).

How does AKO's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

AKO is good value based on its Price-To-Book Ratio (1.1x) compared to the Australian Metals and Mining industry average (1.1x).

What is AKO's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate AKO's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of AKO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate AKO's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

AKORA Resources (ASX:AKO) - Stock Price, News & Analysis

AKO Stock Overview

Engages in the exploration and evaluation of iron ore projects in Madagascar. More details

AKO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 8.6% per year over past 5 years

Makes less than USD$1m in revenue (A$20K)

Does not have a meaningful market cap (A$16M)

Shareholders have been diluted in the past year

+ 1 more risk

AKORA Resources Limited Competitors

Freehill Mining

ASX:FHS

AU$12.3m

Eastern Resources

ASX:EFE

AU$5.0m

Hawsons Iron

ASX:HIO

AU$20.3m

Pearl Gull Iron

ASX:PLG

AU$3.5m

Price History & Performance

Summary of all time highs, changes and price drops for AKORA Resources
Historical stock prices
Current Share Price	AU$0.13
52 Week High	AU$0.20
52 Week Low	AU$0.08
Beta	0.22
11 Month Change	-7.14%
3 Month Change	35.42%
1 Year Change	-21.21%
33 Year Change	-46.94%
5 Year Change	n/a
Change since IPO	-66.67%

Recent updates

AKORA Resources Limited's (ASX:AKO) CEO Will Probably Find It Hard To See A Huge Raise This Year

May 23

We're Not Very Worried About Akora Resources' (ASX:AKO) Cash Burn Rate

Mar 31

Shareholder Returns

	AKO	AU Metals and Mining	AU Market
7D	4.0%	-1.3%	1.4%
1Y	-21.2%	-12.4%	17.7%

Return vs Industry: AKO underperformed the Australian Metals and Mining industry which returned -12.4% over the past year.

Return vs Market: AKO underperformed the Australian Market which returned 17.7% over the past year.

Price Volatility

Is AKO's price volatile compared to industry and market?
AKO volatility
AKO Average Weekly Movement	15.5%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: AKO's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: AKO's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2009	n/a	Paul Bibby	www.akoravy.com

AKORA Resources Limited engages in the exploration and evaluation of iron ore projects in Madagascar. Its flagship project is the Bekisopa property located in central Madagascar. The company was formerly known as Indian Pacific Resources Limited.

AKORA Resources Limited Fundamentals Summary

How do AKORA Resources's earnings and revenue compare to its market cap?
AKO fundamental statistics
Market cap	AU$15.66m
Earnings (TTM)	-AU$1.76m
Revenue (TTM)	AU$20.27k

772.6x

P/S Ratio

-8.9x

P/E Ratio

Is AKO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKO income statement (TTM)
Revenue	AU$20.27k
Cost of Revenue	AU$0
Gross Profit	AU$20.27k
Other Expenses	AU$1.78m
Earnings	-AU$1.76m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.015
Gross Margin	100.00%
Net Profit Margin	-8,673.93%
Debt/Equity Ratio	0%

How did AKO perform over the long term?

See historical performance and comparison

AKO Stock Overview

Risk Analysis

AKORA Resources Limited Competitors

ASX:FHS

AU$12.3m

ASX:EFE

AU$5.0m

ASX:HIO

AU$20.3m

ASX:PLG

AU$3.5m

Price History & Performance

Recent News & Updates

AKORA Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million.

New major risk - Market cap size

First half 2024 earnings released: AU$0.011 loss per share (vs AU$0.012 loss in 1H 2023)

New major risk - Financial position

New minor risk - Share price stability

New major risk - Market cap size

Recent updates

AKORA Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.6 million.

New major risk - Market cap size

First half 2024 earnings released: AU$0.011 loss per share (vs AU$0.012 loss in 1H 2023)

New major risk - Financial position

New minor risk - Share price stability

New major risk - Market cap size

AKORA Resources Limited's (ASX:AKO) CEO Will Probably Find It Hard To See A Huge Raise This Year

New major risk - Shareholder dilution

AKORA Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.801 million.

AKORA Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3.009484 million.

AKORA Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.8 million.

AKORA Resources Limited, Annual General Meeting, May 30, 2024

Full year 2023 earnings released: AU$0.018 loss per share (vs AU$0.022 loss in FY 2022)

New minor risk - Financial data availability

AKORA Resources Limited Appoints Shane Turner as Company Secretary, Effective from 1 January 2024

AKORA Resources Limited Announces Resignation of John Madden as Director

First half 2023 earnings released: AU$0.012 loss per share (vs AU$0.01 loss in 1H 2022)

New major risk - Share price stability

New major risk - Market cap size

AKORA Resources Limited Appoints Matthew Gill as an Independent Non-Executive Director

New major risk - Market cap size

Insider recently bought AU$304k worth of stock

Less than half of directors are independent

AKORA Resources Limited Announces Positive and Thorough Bekisopa Scoping Study Report Completed by Wardell Armstrong International

AKORA Resources Limited Successfully Completed the Bekisopa In-Fill Drilling Campaign Aimed At Confirming the Start-Up DSO Resource

Announces Update on Bekisopa Southern Zone DSO Resource Drilling

AKORA Resources Limited Provides Update on 2022 Bekisopa Southern Zone

Independent Non-Executive Chairman exercised options to buy AU$90k worth of stock.

First half 2022 earnings released: AU$0.01 loss per share (vs AU$0.009 loss in 1H 2021)

AKORA's Bekisopa Southwest Tenements, Satrokala, Deliver Encouraging High-Grade Iron Rock Chip Assays Along A 10-Kilometer Strike Length

Less than half of directors are independent

Akora Resources Limited, Annual General Meeting, May 17, 2022

Akora Resources Limited Provides Shareholders with the Completed Maiden Inferred Mineral Resources for All the Bekisopa Project

Akora Resources Limited announced that it expects to receive AUD 3.6794 million in funding

Full year 2021 earnings released: AU$0.018 loss per share (vs AU$0.038 loss in FY 2020)

AKORA Resources Provides Assay Results for Southern Zone Drill Holes Within Bekisopa Tenement 10430

AKORA Resources Provides Assay Results for Southern Zone Drill Holes Within Bekisopa Tenement 10430

Akora Resources Limited Provides Shareholders with Assay Results for Northern Zone Drill Holes

Akora Resources Limited Provides Update for Further Processing Trial Reporting on Bekisopa Drill Hole BEKD04 in the Central Zone Within Bekisopa Tenement 10430

Akora Resources Limited Provides Assay Results for the Central Zone Within Bekisopa Tenement 10430

Less than half of directors are independent

Akora Resources Limited Provides the Fourth Progress Report on Resource Drilling At Bekisopa

First half 2021 earnings released: AU$0.009 loss per share (vs AU$0.006 loss in 1H 2020)

AKORA Resources Limited Reports on Further Results Obtained from the 2021 Drilling Campaign at Its Flagship Bekisopa Iron Ore Project

Akora Resources Limited Announces Bekisopa Product Iron Ore Grade

AKORA Resources Limited Commences the 4,000 Metres Diamond Drilling Programme at the Bekisopa Iron Ore Project

We're Not Very Worried About Akora Resources' (ASX:AKO) Cash Burn Rate

Full year 2020 earnings released: AU$0.038 loss per share (vs AU$0.04 loss in FY 2019)

Akora Resources Limited, Annual General Meeting, Apr 13, 2021

Akora Resources Limited Ships First Bekisopa Iron Ore Project Drill Samples for Assay

Akora Resources Ltd Announces Completion of First Drilling Program At the Bekisopa Project in South Central Madagascar

Shareholder Returns

Price Volatility

About the Company

AKORA Resources Limited Fundamentals Summary

772.6x

-8.9x

Earnings & Revenue