ASX:ALKMetals and Mining
Assessing Alkane Resources (ASX:ALK) Valuation After New A$150 Million Debt Facilities
Alkane Resources (ASX:ALK) has secured an A$110 million revolving credit facility and an A$40 million contingent instrument facility with a syndicate of major Australian banks, following early repayment of its previous project finance facility.
See our latest analysis for Alkane Resources.
The new debt facilities arrive after a 7.97% year to date share price return and a 120.74% one year total shareholder return, with recent 30 day share price weakness and a 1 day pullback suggesting some...