company background image
ALK

Alkane Resources ASX:ALK Stock Report

Last Price

AU$0.65

Market Cap

AU$386.2m

7D

-5.8%

1Y

-15.7%

Updated

09 Dec, 2022

Data

Company Financials +
ALK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

ALK Stock Overview

Alkane Resources Limited operates as a gold production company in Australia.

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$1.31
52 Week LowAU$0.60
Beta0.77
1 Month Change-1.53%
3 Month Change-19.38%
1 Year Change-15.69%
3 Year Change16.22%
5 Year Change115.00%
Change since IPO330.00%

Recent News & Updates

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)

Recent updates

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-5.8%-0.6%-2.5%
1Y-15.7%10.5%-5.2%

Return vs Industry: ALK underperformed the Australian Metals and Mining industry which returned 10.5% over the past year.

Return vs Market: ALK underperformed the Australian Market which returned -5.2% over the past year.

Price Volatility

Is ALK's price volatile compared to industry and market?
ALK volatility
ALK Average Weekly Movement7.7%
Metals and Mining Industry Average Movement11.0%
Market Average Movement8.9%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market4.1%

Stable Share Price: ALK is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ALK's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969n/aNic Earnerhttps://www.alkane.com.au

Alkane Resources Limited operates as a gold production company in Australia. It explores for gold, copper, nickel, zinc, and silver deposits. The company holds various interests in the Tomingley Gold project that consists of four gold deposits; and the Northern Molong Porphyry Project, which covers an area of 115 square kilometers located in the Central West of New South Wales.

Alkane Resources Limited Fundamentals Summary

How do Alkane Resources's earnings and revenue compare to its market cap?
ALK fundamental statistics
Market CapAU$386.22m
Earnings (TTM)AU$70.25m
Revenue (TTM)AU$165.01m

5.5x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALK income statement (TTM)
RevenueAU$165.01m
Cost of RevenueAU$102.37m
Gross ProfitAU$62.65m
Other Expenses-AU$7.61m
EarningsAU$70.25m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin37.96%
Net Profit Margin42.57%
Debt/Equity Ratio0%

How did ALK perform over the long term?

See historical performance and comparison