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

AKN Stock Overview

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

AKN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the Australian market

Earnings have declined by 50.1% per year over past 5 years

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

Shareholders have been substantially diluted in the past year

+ 1 more risk

AuKing Mining Limited Competitors

ENRG Elements

ASX:EEL

AU$3.3m

Sultan Resources

ASX:SLZ

AU$1.6m

Carbine Resources

ASX:CRB

AU$2.2m

Eastern Metals

ASX:EMS

AU$1.5m

Price History & Performance

Summary of all time highs, changes and price drops for AuKing Mining
Historical stock prices
Current Share Price	AU$0.004
52 Week High	AU$0.057
52 Week Low	AU$0.004
Beta	0.96
11 Month Change	-20.00%
3 Month Change	-60.00%
1 Year Change	-92.98%
33 Year Change	-97.33%
5 Year Change	-99.00%
Change since IPO	-99.94%

Recent updates

Shareholder Returns

	AKN	AU Metals and Mining	AU Market
7D	0%	0.1%	1.2%
1Y	-93.0%	-9.9%	19.7%

Return vs Industry: AKN underperformed the Australian Metals and Mining industry which returned -9.9% over the past year.

Return vs Market: AKN underperformed the Australian Market which returned 19.7% over the past year.

Price Volatility

Is AKN's price volatile compared to industry and market?
AKN volatility
AKN Average Weekly Movement	32.3%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

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

Volatility Over Time: AKN's weekly volatility has increased from 23% to 32% over the past year.

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$1.47m
Earnings (TTM)	-AU$4.51m
Revenue (TTM)	n/a

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P/S Ratio

-0.3x

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$4.51m
Earnings	-AU$4.51m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.012
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	9.9%

How did AKN perform over the long term?

See historical performance and comparison

AKN Stock Overview

Risk Analysis

AuKing Mining Limited Competitors

ASX:EEL

AU$3.3m

ASX:SLZ

AU$1.6m

ASX:CRB

AU$2.2m

ASX:EMS

AU$1.5m

Price History & Performance

Recent News & Updates

Auking Mining Limited Announces Board Removals

AuKing Mining Limited (ASX:AKN) acquired Grand Codroy uranium exploration project in Newfoundland for AUD 0.38 million.

Moab Minerals Limited (ASX:MOM) entered into a binding agreement to acquire 4 non-core Prospecting Licences at Manyoni in Manyoni, Tanzania from AuKing Mining Limited (ASX:AKN) for AUD 0.17 million.

New major risk - Financial data availability

AuKing Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.487206 million.

New major risk - Shareholder dilution

Recent updates

Auking Mining Limited Announces Board Removals

AuKing Mining Limited (ASX:AKN) acquired Grand Codroy uranium exploration project in Newfoundland for AUD 0.38 million.

Moab Minerals Limited (ASX:MOM) entered into a binding agreement to acquire 4 non-core Prospecting Licences at Manyoni in Manyoni, Tanzania from AuKing Mining Limited (ASX:AKN) for AUD 0.17 million.

New major risk - Financial data availability

AuKing Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.487206 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.

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

New minor risk - Financial data availability

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

No independent directors

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.

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