Ark Mines Ltd

AU:AHK Australia Gold
Market Cap
$20.38 Million
AU$32.91 Million AUD
Market Cap Rank
#29325 Global
#799 in Australia
Share Price
AU$0.46
Change (1 day)
+19.74%
52-Week Range
AU$0.12 - AU$0.66
All Time High
AU$7.00
Categories
Companies in Australia Gold
About

Ark Mines Limited engages in the acquisition and exploration of mineral properties in Australia. The company explores for nickel, scandium, cobalt, copper, chromite, manganese, gold, iron, rare earth elements. It focuses on Sandy Mitchell Rare Earth project located in Northern Queensland. The company was incorporated in 2007 and is based in Sydney, Australia.

Ark Mines Ltd (AHK) - Net Assets

Latest net assets as of June 2025: AU$6.40 Million AUD

Based on the latest financial reports, Ark Mines Ltd (AHK) has net assets worth AU$6.40 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$7.18 Million) and total liabilities (AU$774.19K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$6.40 Million
% of Total Assets 89.22%
Annual Growth Rate 14.33%
5-Year Change N/A
10-Year Change 4616.67%
Growth Volatility 679.32

Ark Mines Ltd - Net Assets Trend (2008–2025)

This chart illustrates how Ark Mines Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Ark Mines Ltd (2008–2025)

The table below shows the annual net assets of Ark Mines Ltd from 2008 to 2025.

Year Net Assets Change
2025-06-30 AU$6.40 Million +5.04%
2024-06-30 AU$6.10 Million +38.39%
2023-06-30 AU$4.41 Million -18.41%
2022-06-30 AU$5.40 Million +760.50%
2021-06-30 AU$-817.63K +89.39%
2020-06-30 AU$-7.71 Million -45.46%
2019-06-30 AU$-5.30 Million -39.69%
2018-06-30 AU$-3.79 Million -20.56%
2017-06-30 AU$-3.15 Million -2417.28%
2016-06-30 AU$135.79K -65.79%
2015-06-30 AU$396.97K -57.08%
2014-06-30 AU$924.97K -27.02%
2013-06-30 AU$1.27 Million -67.05%
2012-06-30 AU$3.85 Million -23.33%
2011-06-30 AU$5.02 Million +94.84%
2010-06-30 AU$2.58 Million -1.53%
2009-06-30 AU$2.62 Million +298.02%
2008-06-30 AU$657.00K --

Equity Component Analysis

This analysis shows how different components contribute to Ark Mines Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 1661694100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$21.72 Million 339.10%
Other Comprehensive Income AU$1.30 Million 20.35%
Other Components AU$1.00 0.00%
Total Equity AU$6.40 Million 100.00%

Ark Mines Ltd Competitors by Market Cap

The table below lists competitors of Ark Mines Ltd ranked by their market capitalization.

Company Market Cap
LFLRF
OTCQB:LFLRF
 		$8.35 Million
Revolver Resources Holdings Ltd
AU:RRR
 		$8.35 Million
FAVO Capital Inc
PINK:FAVO
 		$8.36 Million
Sigetronics, Inc
KQ:429270
 		$8.36 Million
Edgewater Wireless Systems Inc
PINK:KPIFF
 		$8.35 Million
Britania PCL
BK:BRI
 		$8.35 Million
Aban Offshore Limited
NSE:ABAN
 		$8.35 Million
Logicquest Technology Inc
PINK:LOGQ
 		$8.35 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ark Mines Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 6,097,802 to 6,404,861, a change of 307,059 (5.0%).
  • Net loss of 1,185,103 reduced equity.
  • Other comprehensive income decreased equity by 1.
  • Other factors increased equity by 1,492,163.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-1.19 Million -18.5%
Other Comprehensive Income AU$-1.00 -0.0%
Other Changes AU$1.49 Million +23.3%
Total Change AU$- 5.04%

Book Value vs Market Value Analysis

This analysis compares Ark Mines Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 4.04x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.78x to 4.04x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-06-30 AU$0.59 AU$0.46 x
2009-06-30 AU$2.33 AU$0.46 x
2010-06-30 AU$2.29 AU$0.46 x
2011-06-30 AU$0.33 AU$0.46 x
2012-06-30 AU$0.24 AU$0.46 x
2013-06-30 AU$0.08 AU$0.46 x
2014-06-30 AU$0.05 AU$0.46 x
2015-06-30 AU$0.02 AU$0.46 x
2016-06-30 AU$0.01 AU$0.46 x
2017-06-30 AU$-0.13 AU$0.46 x
2018-06-30 AU$-0.15 AU$0.46 x
2019-06-30 AU$-2.16 AU$0.46 x
2020-06-30 AU$-0.29 AU$0.46 x
2021-06-30 AU$-0.03 AU$0.46 x
2022-06-30 AU$0.12 AU$0.46 x
2023-06-30 AU$0.10 AU$0.46 x
2024-06-30 AU$0.11 AU$0.46 x
2025-06-30 AU$0.11 AU$0.46 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ark Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -18.50%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -19751.72%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.12x
  • Recent ROE (-18.50%) is above the historical average (-74.27%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 -97.87% 0.00% 0.00x 3.09x AU$-708.70K
2009 -24.86% 0.00% 0.00x 1.01x AU$-911.50K
2010 -9.59% 0.00% 0.00x 1.01x AU$-504.50K
2011 -9.90% -1380.17% 0.01x 1.02x AU$-998.57K
2012 -56.86% 0.00% 0.00x 1.02x AU$-2.57 Million
2013 -210.75% 0.00% 0.00x 1.02x AU$-2.80 Million
2014 -44.34% 0.00% 0.00x 1.19x AU$-502.58K
2015 -238.44% 0.00% 0.00x 2.49x AU$-986.23K
2016 -538.32% 0.00% 0.00x 11.63x AU$-744.58K
2017 0.00% -768235.29% 0.00x 0.00x AU$-3.60 Million
2018 0.00% -17439.35% 0.00x 0.00x AU$-267.63K
2019 0.00% -402564.10% 0.00x 0.00x AU$-1.04 Million
2020 0.00% -4066.50% 0.02x 0.00x AU$-1.68 Million
2021 0.00% 0.00% 0.00x 0.00x AU$6.97 Million
2022 -45.16% 0.00% 0.00x 1.02x AU$-2.98 Million
2023 -22.56% -14704.67% 0.00x 1.08x AU$-1.43 Million
2024 -19.74% -4198.05% 0.00x 1.04x AU$-1.81 Million
2025 -18.50% -19751.72% 0.00x 1.12x AU$-1.83 Million

Industry Comparison

This section compares Ark Mines Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $27,477,978
  • Average return on equity (ROE) among peers: -1411.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ark Mines Ltd (AHK) AU$6.40 Million -97.87% 0.12x $8.35 Million
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million