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Alkane Resources ASX:ALK Stock Report

Last Price

AU$0.65

Market Cap

AU$395.3m

7D

-3.0%

1Y

-26.7%

Updated

26 Apr, 2024

Data

Company Financials +

Alkane Resources Limited

ASX:ALK Stock Report

Market Cap: AU$395.3m

Alkane Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Alkane Resources
Historical stock prices
Current Share PriceAU$0.65
52 Week HighAU$0.93
52 Week LowAU$0.46
Beta0.98
1 Month Change11.21%
3 Month Change17.27%
1 Year Change-26.70%
3 Year Change-12.24%
5 Year Change174.47%
Change since IPO330.00%

Recent News & Updates

We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation

Nov 14
We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation

Recent updates

We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation

Nov 14
We Think Some Shareholders May Hesitate To Increase Alkane Resources Limited's (ASX:ALK) CEO Compensation

Increases to CEO Compensation Might Be Put On Hold For Now at Alkane Resources Limited (ASX:ALK)

Nov 21
Increases to CEO Compensation Might Be Put On Hold For Now at Alkane Resources Limited (ASX:ALK)

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Alkane Resources Limited's (ASX:ALK) CEO For Now

Nov 10
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Alkane Resources Limited's (ASX:ALK) CEO For Now

These 4 Measures Indicate That Alkane Resources (ASX:ALK) Is Using Debt Reasonably Well

Mar 25
These 4 Measures Indicate That Alkane Resources (ASX:ALK) Is Using Debt Reasonably Well

How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Mar 07
How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Does Alkane Resources' (ASX:ALK) Statutory Profit Adequately Reflect Its Underlying Profit?

Feb 18
Does Alkane Resources' (ASX:ALK) Statutory Profit Adequately Reflect Its Underlying Profit?

What Can We Conclude About Alkane Resources' (ASX:ALK) CEO Pay?

Feb 02
What Can We Conclude About Alkane Resources' (ASX:ALK) CEO Pay?

Shareholders of Alkane Resources (ASX:ALK) Must Be Delighted With Their 370% Total Return

Jan 18
Shareholders of Alkane Resources (ASX:ALK) Must Be Delighted With Their 370% Total Return

What Kind Of Investors Own Most Of Alkane Resources Limited (ASX:ALK)?

Jan 03
What Kind Of Investors Own Most Of Alkane Resources Limited (ASX:ALK)?

Alkane Resources Limited's (ASX:ALK) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Dec 19
Alkane Resources Limited's (ASX:ALK) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Dec 06
How Many Alkane Resources Limited (ASX:ALK) Shares Have Insiders Sold, In The Last Year?

Here's Why Alkane Resources (ASX:ALK) Can Manage Its Debt Responsibly

Nov 23
Here's Why Alkane Resources (ASX:ALK) Can Manage Its Debt Responsibly

Subdued Growth No Barrier To Alkane Resources Limited's (ASX:ALK) Price

Jul 06
Subdued Growth No Barrier To Alkane Resources Limited's (ASX:ALK) Price

Shareholder Returns

ALKAU Metals and MiningAU Market
7D-3.0%-0.7%0.4%
1Y-26.7%-1.7%6.0%

Return vs Industry: ALK underperformed the Australian Metals and Mining industry which returned -1.7% over the past year.

Return vs Market: ALK underperformed the Australian Market which returned 6% over the past year.

Price Volatility

Is ALK's price volatile compared to industry and market?
ALK volatility
ALK Average Weekly Movement6.9%
Metals and Mining Industry Average Movement12.4%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.5%

Stable Share Price: ALK's share price has been volatile over the past 3 months.

Volatility Over Time: ALK's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969n/aNic Earnerwww.alkane.com.au

Alkane Resources Limited operates as a gold exploration and production company in Australia. It explores for gold, copper, nickel, zinc, and silver deposits. The company also invests in junior gold mining companies and projects.

Alkane Resources Limited Fundamentals Summary

How do Alkane Resources's earnings and revenue compare to its market cap?
ALK fundamental statistics
Market capAU$395.25m
Earnings (TTM)AU$30.18m
Revenue (TTM)AU$186.12m

12.9x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALK income statement (TTM)
RevenueAU$186.12m
Cost of RevenueAU$135.22m
Gross ProfitAU$50.90m
Other ExpensesAU$20.72m
EarningsAU$30.18m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.05
Gross Margin27.35%
Net Profit Margin16.22%
Debt/Equity Ratio0%

How did ALK perform over the long term?

See historical performance and comparison
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