AKM Shares Aspire Mining Limited
ASX · ASXLast in our picks 2026-10-13 — not in the current list; analysis below is from that screen
Ovoot coal reserve update and recent price momentum provide catalyst-driven upside for a small liquid resource name.
Future value: $0.32 (+45.45%) · 6-12 months
Signal breakdown
- ▸Recent reserve disclosure preceded an 11.9% weekly price increase.
- ▸Above 50-day MA (+0.69%)
- ▸~45% upside to price target
Is AKM a buy right now?
Trend: AKM is trading above the 50-day average (+9.09%), RSI 49 — neutral momentum, with a 3-month return of +26.32%.
Valuation & quality: Aspire Mining Limited trades on price-to-book 2.22; fundamentals show net margin 0.0%, return on equity -17.1%.
Our screen: BUY (score 2) — Ovoot coal reserve update and recent price momentum provide catalyst-driven upside for a small liquid resource name.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -11.50% | +13.00% | -11.50% | -4.30% | -9.10% | +5.00% | +14.30% | +0.00% |
Fundamentals
Technical signals
About Aspire Mining Limited
Aspire Mining Limited engages in the development of fat coking coal project in Australia and Mongolia. The company holds 100% interest in the Ovoot Coking Coal Project with mining license located in the Khuvsgul aimag province of north-western Mongolia.
Sector: Basic Materials · Industry: Coking Coal · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.