Alkane Resources Ltd

ASX:ALK Stock Report

Market Cap: AU$2.2b

Alkane Resources Management

Management criteria checks 3/4

Alkane Resources' CEO is Nic Earner, appointed in Sep 2017, has a tenure of 8.92 years. total yearly compensation is A$1.34M, comprised of 47.8% salary and 52.2% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth A$9.73M. The average tenure of the management team and the board of directors is 4.8 years and 1 years respectively.

Key information

Nic Earner

Chief executive officer

AU$1.3m

Total compensation

CEO salary percentage47.80%
CEO tenure8.9yrs
CEO ownership0.4%
Management average tenure4.8yrs
Board average tenure1yr

Recent management updates

Analysis Article Nov 19

Why We Think Alkane Resources Ltd's (ASX:ALK) CEO Compensation Is Not Excessive At All

Key Insights Alkane Resources will host its Annual General Meeting on 26th of November CEO Nic Earner's total...

Recent updates

New Narrative Aug 07

Exploration Spending And Boda Kaiser Development Will Shape Earnings Risk Going Forward

Catalysts About Alkane Resources Alkane Resources is a gold and antimony producer with three operating mines and a copper gold porphyry project under evaluation in New South Wales. What are the underlying business or industry changes driving this perspective?
Narrative Update Aug 05

ALK: Expanded Swedish Resources Will Support Future Cash Flow And Dividend Potential

Analysts have trimmed their price target for Alkane Resources to A$1.85 from A$2.03, reflecting updated assumptions around higher forecast revenue growth, a lower future P/E multiple and slightly softer projected profit margins. What’s in the News for Alkane Resources Alkane Resources reported an updated Mineral Resource for the Storheden gold deposit in northern Sweden, with approximately 212,000 ounces now outlined and the first Indicated Resource defined.
New Narrative Jul 23

High Exploration Success And Copper Gold Project Will Support Stronger Long Term Prospects

Catalysts About Alkane Resources Alkane Resources is a gold and antimony producer with three operating mines and growth projects in Australia and Scandinavia. What are the underlying business or industry changes driving this perspective?
Narrative Update Jul 22

ALK: Record Cash Flow And Maiden Dividend Will Support Bullish Outlook

Analysts have trimmed their price target for Alkane Resources to A$2.03 from A$2.18. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E levels.
Narrative Update Jul 20

(Deep Dive Series) Alkane Resources, 3-Mine Gold & Antimony Producer Emerges After Mandalay Merger

In this deep dive series, we examine Alkane Resources (ASX: ALK / TSX: ALK), which has transformed into a cash-generating multi-mine gold and antimony producer following the 2025 Mandalay merger. With operations at Tomingley, the high-grade Costerfield (Au-Sb) mine, and Bjorkdal, the company delivered a record 45,776 AuEq ounces in Q3 FY2026 and maintains FY2026 guidance of 160,000–175,000 AuEq ounces at an AISC of A$2,600–A$2,900/oz.
Narrative Update Jun 26

ALK: Exploration Results And New Targets Will Support Bullish Outlook

Analysts have lifted their price target for Alkane Resources to A$2.18 from A$2.04, reflecting updated views on its fair value, discount rate, expected revenue growth, profit margin profile and future P/E assumptions. What’s in the News for Alkane Resources Alkane Resources announced new exploration results from drilling around the Boda Kaiser resources at the Northern Molong Porphyry Project in New South Wales, including diamond core and reverse circulation holes testing for additional Au Cu mineralised centres.
New Narrative May 25

Alkane Resources, Record Production, A$374M Cash and a Giant Copper-Gold Project

Disclaimer This material is provided for informational and educational purposes only and should not be considered financial, investment, legal, tax, or other professional advice. The views expressed are based on publicly available information, company filings, technical reports, news releases, presentations, and personal analysis at the time of writing, and they may change without notice.
Analysis Article Feb 17

Upgrade: Analysts Just Made A Sizeable Increase To Their Alkane Resources Ltd (ASX:ALK) Forecasts

Alkane Resources Ltd ( ASX:ALK ) shareholders will have a reason to smile today, with the analysts making substantial...
New Narrative Feb 13

High Grade Mine Ramp Ups And Copper Project Will Reshape Long Term Earnings Profile

Catalysts About Alkane Resources Alkane Resources is a gold focused producer with additional exposure to antimony and copper through its operating mines and exploration projects in Australia and Europe. What are the underlying business or industry changes driving this perspective?
Analysis Article Nov 25

We Believe That Alkane Resources' (ASX:ALK) Weak Earnings Are A Good Indicator Of Underlying Profitability

Investors were disappointed with Alkane Resources Ltd's ( ASX:ALK ) recent earnings. We think there is more to the...
Analysis Article Nov 19

Why We Think Alkane Resources Ltd's (ASX:ALK) CEO Compensation Is Not Excessive At All

Key Insights Alkane Resources will host its Annual General Meeting on 26th of November CEO Nic Earner's total...
Analysis Article Aug 27

Analyst Forecasts For Alkane Resources Ltd (ASX:ALK) Are Surging Higher

Celebrations may be in order for Alkane Resources Ltd ( ASX:ALK ) shareholders, with the analysts delivering a...
Analysis Article Aug 09

Market Participants Recognise Alkane Resources Ltd's (ASX:ALK) Earnings Pushing Shares 26% Higher

ASX:ALK 1 Year Share Price vs Fair Value Explore Alkane Resources's Fair Values from the Community and select yours...
Analysis Article Apr 22

Alkane Resources Ltd's (ASX:ALK) 33% Jump Shows Its Popularity With Investors

Alkane Resources Ltd ( ASX:ALK ) shares have continued their recent momentum with a 33% gain in the last month alone...
Analysis Article Feb 12

Even With A 28% Surge, Cautious Investors Are Not Rewarding Alkane Resources Ltd's (ASX:ALK) Performance Completely

Alkane Resources Ltd ( ASX:ALK ) shareholders have had their patience rewarded with a 28% share price jump in the last...
Analysis Article Oct 17

Alkane Resources Ltd's (ASX:ALK) Shares Leap 26% Yet They're Still Not Telling The Full Story

Alkane Resources Ltd ( ASX:ALK ) shareholders would be excited to see that the share price has had a great month...
Analysis Article May 02

Alkane Resources Limited (ASX:ALK) Doing What It Can To Lift Shares

Alkane Resources Limited's ( ASX:ALK ) price-to-earnings (or "P/E") ratio of 11.7x might make it look like a buy right...

CEO Compensation Analysis

How has Nic Earner's remuneration changed compared to Alkane Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

AU$170m

Dec 31 2025n/an/a

AU$85m

Sep 30 2025n/an/a

AU$19m

Jun 30 2025AU$1mAU$640k

AU$33m

Mar 31 2025n/an/a

AU$28m

Dec 31 2024n/an/a

AU$18m

Sep 30 2024n/an/a

AU$23m

Jun 30 2024AU$1mAU$623k

AU$18m

Mar 31 2024n/an/a

AU$19m

Dec 31 2023n/an/a

AU$30m

Sep 30 2023n/an/a

AU$36m

Jun 30 2023AU$1mAU$625k

AU$42m

Mar 31 2023n/an/a

AU$44m

Dec 31 2022n/an/a

AU$46m

Sep 30 2022n/an/a

AU$58m

Jun 30 2022AU$1mAU$625k

AU$70m

Dec 31 2021n/an/a

AU$65m

Sep 30 2021n/an/a

AU$50m

Jun 30 2021AU$1mAU$577k

AU$34m

Dec 31 2020n/an/a

AU$22m

Sep 30 2020n/an/a

AU$18m

Jun 30 2020AU$1mAU$484k

AU$13m

Compensation vs Market: Nic's total compensation ($USD944.20K) is below average for companies of similar size in the Australian market ($USD1.36M).

Compensation vs Earnings: Nic's compensation has been consistent with company performance over the past year.


CEO

Nic Earner

8.9yrs
Tenure
AU$1,338,118
Compensation

Mr. Nicolas Paul Earner, also known as Nic, BEng (hons), has been Managing Director and Executive Director of Alkane Resources Ltd since September 1, 2017 and has been its Chief Executive Officer since Jul...


Leadership Team

NamePositionTenureCompensationOwnership
Nicolas Earner
MD, Executive Director & CEO8.9yrsAU$1.34m0.45%
A$ 9.7m
James Carter
Chief Financial Officer7.8yrsAU$781.53k0.054%
A$ 1.2m
Simon Parsons
Chief Operations Officer of Australiano dataAU$776.68k0.0011%
A$ 24.9k
Richard Steenhof
General Counsel & Joint Company Secretaryless than a yearno datano data
Natalie Chapman
Corporate Communications Manager14.3yrsno datano data
Chris Davis
Chief Geologistno datano data0.0080%
A$ 174.9k
Julia Beckett
Joint Company Secretary1.8yrsno datano data
Brendan Ward
General Manager of Commercial1.1yrsAU$474.01kno data
4.8yrs
Average Tenure

Experienced Management: ALK's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nicolas Earner
MD, Executive Director & CEO8.9yrsAU$1.34m0.45%
A$ 9.7m
Bradford Mills
Non-Executive Director1yrno data0.12%
A$ 2.6m
Andrew Quinn
Independent Non-Executive Chairman1yrno data0.037%
A$ 800.0k
Frazer Bourchier
Non-Executive Director1yrno data0.25%
A$ 5.4m
Ian Gandel
Non-Executive Director20.1yrsAU$191.00k2.14%
A$ 46.8m
Denise McComish
Independent Non-Executive Directorless than a yearno data0.0045%
A$ 99.2k
1.0yrs
Average Tenure
69yo
Average Age

Experienced Board: ALK's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/12 11:50
End of Day Share Price 2026/08/12 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Alkane Resources Ltd is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David CoatesBell Potter
Brian QuastBMO Capital Markets Equity Research
Lord AshbourneEdison Investment Research