ASX:ALKMetals and Mining
Assessing Alkane Resources (ASX:ALK) Valuation After Record Output And Nagambie Project Agreement
Alkane Resources (ASX:ALK) has caught investor attention after reporting record quarterly gold equivalent production of 43,663 ounces and site operating cash flow of A$133 million, alongside a new conditional placement and earn in deal with Nagambie Resources.
See our latest analysis for Alkane Resources.
The strong quarterly production, cash generation and the Nagambie earn in announcement appear to have coincided with a sharp pickup in momentum, with Alkane Resources posting a 30 day share...