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Ark Mines

ASX:AHK
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AHK
ASX
A$2M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Ark Mines Limited engages in the exploration, evaluation, and development of mineral properties in Australia. The last earnings update was 279 days ago. More info.


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AHK Share Price and Events
7 Day Returns
0%
ASX:AHK
4%
AU Metals and Mining
1.7%
AU Market
1 Year Returns
161.5%
ASX:AHK
21.5%
AU Metals and Mining
19.6%
AU Market
AHK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ark Mines (AHK) 0% 0% 9.7% 161.5% -70.4% -57%
AU Metals and Mining 4% 5.3% 2.4% 21.5% 49.2% 57.8%
AU Market 1.7% 0.4% 1.4% 19.6% 19.3% 22.3%
1 Year Return vs Industry and Market
  • AHK outperformed the Metals and Mining industry which returned 21.5% over the past year.
  • AHK outperformed the Market in Australia which returned 19.6% over the past year.
Price Volatility
AHK
Industry
5yr Volatility vs Market

AHK Value

 Is Ark Mines undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Ark Mines is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Ark Mines has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ark Mines. This is due to cash flow or dividend data being unavailable. The share price is A$0.034.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ark Mines's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ark Mines's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:AHK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.03
ASX:AHK Share Price ** ASX (2019-09-19) in AUD A$0.03
Australia Metals and Mining Industry PE Ratio Median Figure of 80 Publicly-Listed Metals and Mining Companies 12.68x
Australia Market PE Ratio Median Figure of 519 Publicly-Listed Companies 18.67x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ark Mines.

ASX:AHK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:AHK Share Price ÷ EPS (both in AUD)

= 0.03 ÷ -0.03

-1.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ark Mines is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Ark Mines is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Ark Mines's expected growth come at a high price?
Raw Data
ASX:AHK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 47 Publicly-Listed Metals and Mining Companies 0.74x
Australia Market PEG Ratio Median Figure of 349 Publicly-Listed Companies 1.6x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ark Mines, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ark Mines's assets?
Raw Data
ASX:AHK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$-0.09
ASX:AHK Share Price * ASX (2019-09-19) in AUD A$0.03
Australia Metals and Mining Industry PB Ratio Median Figure of 551 Publicly-Listed Metals and Mining Companies 1.39x
Australia Market PB Ratio Median Figure of 1,587 Publicly-Listed Companies 1.67x
ASX:AHK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:AHK Share Price ÷ Book Value per Share (both in AUD)

= 0.03 ÷ -0.09

-0.37x

* Primary Listing of Ark Mines.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ark Mines has negative assets, we can't compare the value of its assets to the AU Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of AHK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Ark Mines's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Ark Mines's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Ark Mines has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AHK Future Performance

 How is Ark Mines expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ark Mines has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ark Mines expected to grow at an attractive rate?
  • Unable to compare Ark Mines's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ark Mines's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Ark Mines's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:AHK Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 1.2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.3%
Australia Market Earnings Growth Rate Market Cap Weighted Average 9.3%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:AHK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:AHK Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -1
2018-09-30 -1 -1
2018-06-30 -1 -1
2018-03-31 -1 -2
2017-12-31 -1 -3
2017-09-30 -1 -4
2017-06-30 -1 -4
2017-03-31 -1 -3
2016-12-31 -1 -1
2016-09-30 -1 -1
2016-06-30 0 -1
2016-03-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ark Mines is high growth as no earnings estimate data is available.
  • Unable to determine if Ark Mines is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:AHK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ark Mines Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:AHK Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.03
2018-09-30 -0.02
2018-06-30 -0.01
2018-03-31 -0.04
2017-12-31 -0.07
2017-09-30 -0.07
2017-06-30 -0.08
2017-03-31 -0.05
2016-12-31 -0.03
2016-09-30 -0.02
2016-06-30 -0.02
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ark Mines will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of AHK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Ark Mines's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Ark Mines's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ark Mines's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ark Mines has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AHK Past Performance

  How has Ark Mines performed over the past 5 years?

  • Ark Mines's last earnings update was 279 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ark Mines's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ark Mines does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ark Mines's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ark Mines's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Ark Mines's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ark Mines Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:AHK Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -1.25 0.44
2018-09-30 -0.95 0.46
2018-06-30 -0.65 0.48
2018-03-31 -2.02 0.48
2017-12-31 -3.38 0.47
2017-09-30 -3.65 0.50
2017-06-30 -3.92 0.52
2017-03-31 -2.57 0.52
2016-12-31 -1.22 0.51
2016-09-30 -0.98 0.45
2016-06-30 -0.73 0.39
2016-03-31 -0.56 0.35
2015-12-31 -0.39 0.32
2015-09-30 -0.67 0.34
2015-06-30 -0.95 0.36
2015-03-31 -0.93 0.35
2014-12-31 -0.91 0.35
2014-09-30 -0.66 0.36
2014-06-30 -0.41 0.37
2014-03-31 -1.23 0.40
2013-12-31 -2.06 0.44
2013-09-30 -2.36 0.47
2013-06-30 -2.67 0.49
2013-03-31 -1.93 0.56
2012-12-31 -1.19 0.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ark Mines has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Ark Mines has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ark Mines improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ark Mines's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ark Mines has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AHK Health

 How is Ark Mines's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ark Mines's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ark Mines's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ark Mines's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Ark Mines's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Ark Mines has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ark Mines Company Filings, last reported 11 months ago.

ASX:AHK Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -4.55 0.75 0.09
2018-09-30 -4.55 0.75 0.09
2018-06-30 -3.79 0.75 0.02
2018-03-31 -3.79 0.75 0.02
2017-12-31 -3.30 0.75 0.84
2017-09-30 -3.30 0.75 0.84
2017-06-30 -3.15 0.75 1.53
2017-03-31 -3.15 0.75 1.53
2016-12-31 0.03 0.76 2.43
2016-09-30 0.03 0.76 2.43
2016-06-30 0.14 0.75 0.09
2016-03-31 0.14 0.75 0.09
2015-12-31 0.30 0.25 0.01
2015-09-30 0.30 0.25 0.01
2015-06-30 0.40 0.20 0.17
2015-03-31 0.40 0.20 0.17
2014-12-31 0.54 0.00 0.04
2014-09-30 0.54 0.00 0.04
2014-06-30 0.92 0.00 0.03
2014-03-31 0.92 0.00 0.03
2013-12-31 1.08 0.00 0.11
2013-09-30 1.08 0.00 0.11
2013-06-30 1.27 0.00 0.24
2013-03-31 1.27 0.00 0.24
2012-12-31 2.98 0.00 0.57
  • Ark Mines has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Ark Mines's debt level has increased considering it has negative shareholder equity.
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Ark Mines's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Ark Mines's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ark Mines has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AHK Dividends

 What is Ark Mines's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ark Mines dividends.
If you bought A$2,000 of Ark Mines shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ark Mines's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ark Mines's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:AHK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 4.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 389 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.4%
Australia Bottom 25% Dividend Yield 25th Percentile 2.4%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ark Mines has not reported any payouts.
  • Unable to verify if Ark Mines's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ark Mines's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ark Mines has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ark Mines's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ark Mines afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ark Mines has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AHK Management

 What is the CEO of Ark Mines's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Roger Jackson
COMPENSATION A$180,000
AGE 53
TENURE AS CEO 9.2 years
CEO Bio

Mr. Roger Alan Jackson, BSc (geology), Dip Ed., Grad Dip Fin Man, MAusIMM, AICD, ADIA serves as the Chief Executive Officer of JKO Mining Pty Ltd. Mr. Jackson serves as the Managing Director of ARK Mines Limited. He serves as the Managing Director of both GOS and EDMSO. He serves as the Chief Executive Officer of Bracken Resources Pty Ltd. He is an Australian Geologist and Mine Developer with over 25 years of experience in Mining and Exploration in Australia. He has extensive, operational and management experience in underground and surface mining in Australia. He served as a Senior Vice President of Human Resources at Lear Corp. since October 1995. He served as a Consultant of Every Day Mine Services Limited since June 30, 2010. He served as an Executive Director of Technical Services at Every Day Mine Services Limited from February 2009 to June 30, 2010 and served as its Chief Executive Officer until February 2009, Managing Director and Technical Director. He served as Vice President of Human Resources for Allen Bradley, a wholly-owned subsidiary of Rockwell International, since 1991. He was employed by Rockwell International or one of its subsidiaries from December 1977 to September 1995. Prior to 1995, he held a variety of roles in construction and teaching, including the creation of a School Board endorsed High School Certificate in Mining. He founded Geological Ore Search (GOS) in 1995 as a geological services and contracting company and is also the Founder of Everyday Mine Services Operations (EDMSO), specialising in shotcrete production and delivery, underground construction, pump services and other mine services. In 1990, he founded two industrial and mining hire equipment businesses in Cobar and Gympie which were eventually sold to Coates Hire. He has been an Executive Director at ARK Mines Limited since October 21, 2010. He has been a Director of NQ Minerals PLC since August 22, 2016. He serves as a Director of Everyday Mine Services, EDMS Ltd., JKO Mining Pty Ltd., Hellyer Gold Mines, Torpedo Drilling Pty Ltd., CGM Pty Ltd., RJ Consolidated Pty Ltd., RJRA Investments Pty Ltd., Every Day Hire Pty Ltd and Red Robin Resources Pty Ltd. He served as a Director of Every Day Mine Services Limited from March 6, 2007 to March 31, 2011. He served as a Director of JKO Hire Pty Ltd., Bracken Resources Pty Ltd., Ivy Resources Pty Ltd., Hillgrove Gold Mines Pty Ltd., Bracken Resources Pty Ltd., Keen Pacific and BCM Resources. He served as a Non-Executive Director of Hughes Drilling Limited until March 31, 2011. He served as a Director of Alpha HPA Limited(formerly known as Collerina Cobalt Limited) from February 20, 2007 to February 19, 2008. He is a long standing Member of the Institute of Mining and Metallurgists the Australian Institute of Company Directors of the Australian and the Drilling Institute. Mr. Jackson Completed a Science Degree majoring in Geology and Geophysics and also holds a Graduate Diploma in Financial Management from the University of New England.

CEO Compensation
  • Roger's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Roger's remuneration is lower than average for companies of similar size in Australia.
Management Team

Roger Jackson

TITLE
MD & Director
COMPENSATION
A$180K
AGE
53
TENURE
9.2 yrs

Ian Mitchell

TITLE
Non-Executive Independent Director & Company Secretary
COMPENSATION
A$60K
TENURE
8.1 yrs
Board of Directors Tenure

Average tenure of the Ark Mines board of directors in years:

9.2
Average Tenure
  • The tenure for the Ark Mines board of directors is about average.
Board of Directors

Tony Corel

TITLE
Non-Executive Independent Chairman
COMPENSATION
A$109K
AGE
55
TENURE
11.3 yrs

Roger Jackson

TITLE
MD & Director
COMPENSATION
A$180K
AGE
53
TENURE
9.2 yrs

Ian Mitchell

TITLE
Non-Executive Independent Director & Company Secretary
COMPENSATION
A$60K
TENURE
9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
30. Jul 19 Buy Roger Jackson Individual 30. Jul 19 30. Jul 19 333,333 A$0.03 A$10,000
X
Management checks
We assess Ark Mines's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ark Mines has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AHK News

Simply Wall St News

Could Ark Mines Limited's (ASX:AHK) Investor Composition Influence The Stock Price?

With a market capitalization of AU$2.0m, Ark Mines is a small cap stock, so it might not be well known by many institutional investors. … Our analysis of the ownership of the company, below, shows that. … institutional investors have not yet purchased much of the company.

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Should You Be Concerned About Ark Mines Limited's (ASX:AHK) Investors?

I am going to take a deep dive into Ark Mines Limited’s (ASX:AHK) most recent ownership structure, not a frequent subject of discussion among individual investors. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … Therefore, it is beneficial for us to examine AHK's ownership structure in more detail.

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Who Owns Ark Mines Limited (ASX:AHK)?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in AHK should also look at another important group of investors: private companies, with a stake of 20.67%, who are primarily invested because of strategic and capital gain interests. … Thus, investors should dig deeper into AHK's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in AHK need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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What Kind Of Risk Should You Expect For Ark Mines Limited (ASX:AHK)?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Based on this beta value, AHK appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … However, this is the opposite to what AHK’s actual beta value suggests, which is lower stock volatility relative to the market.

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Does Ark Mines Limited's (ASX:AHK) CEO Pay Matter?

View our latest analysis for Ark Mines What has been the trend in AHK's earnings? … Typically I would look at market cap and earnings as a proxy for performance, however, AHK's negative earnings reduces the usefulness of my formula. … If you have not done so already, I highly recommend you to complete your research by taking a look at the following: Governance: To find out more about AHK's governance, look through our infographic report of the company's board and management.

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Basic Materials Stocks: Is Now The Time To Buy Ark Mines Limited (ASX:AHK)?

Ark Mines Limited (ASX:AHK), a AU$3.68M small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … This rate is larger than the growth rate of the Australian stock market as a whole. … ASX:AHK PE PEG Gauge Feb 21st 18 Metals and mining companies are typically trading at a PE of 13.13x, in-line with the Australian stock market PE of 17.18x.

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Who Owns Ark Mines Limited (ASX:AHK)?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in AHK should also look at another important group of investors: private companies, with a stake of 20.67%, who are primarily invested because of strategic and capital gain interests. … Thus, investors should dig deeper into AHK's business relations with these companies and how it can affect shareholder returns in the long-term.What this means for you: With a low level of institutional ownership, investors in AHK need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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One Thing To Consider Before Buying Ark Mines Limited (ASX:AHK)

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … See our latest analysis for Ark Mines An interpretation of AHK's beta With a beta of 1.25, Ark Mines is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … How AHK's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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Does Ark Mines Limited's (ASX:AHK) CEO Salary Compared Well With Others?

Normally I'd use market cap and profit as factors determining performance, however, AHK's negative earnings reduces the usefulness of my formula. … To find out more about AHK's governance, look through our infographic report of the company's board and management. … To research more about these fundamentals, I recommend you check out our simple infographic report on AHK's financial metrics.

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How Does Ark Mines Limited (ASX:AHK)’s Prospect Stack Up Next To Its Basic Material Peers?

ASX:AHK PE PEG Gauge Nov 14th 17 Metals and mining companies are typically trading at a PE of 14x, in-line with the Australian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of AHK, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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AHK Company Info

Description

Ark Mines Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It explores for gold and other mineral deposits. It has an option to acquire the Old Pirate project and the Buccaneer project located in Tanami region of the Northern Territory. The company was founded in 2007 and is based in Sydney, Australia.

Details
Name: Ark Mines Limited
AHK
Exchange: ASX
Founded: 2007
A$1,761,069
51,796,175
Website: http://www.arkmines.com.au
Address: Ark Mines Limited
1 Margaret Street,
Level 7,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX AHK Ordinary Shares Australian Securities Exchange AU AUD 09. May 2011
CHIA AHK Ordinary Shares Chi-X Australia AU AUD 09. May 2011
Number of employees
Current staff
Staff numbers
0
Ark Mines employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/17 10:37
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.