Alkane Resources Ltd

OTCPK:ALKE.F Stock Report

Market Cap: US$198.6m

Alkane Resources Valuation

Is ALKE.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ALKE.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ALKE.F ($0.31) is trading below our estimate of fair value ($6.76)

Significantly Below Fair Value: ALKE.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALKE.F?

Key metric: As ALKE.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ALKE.F. This is calculated by dividing ALKE.F's market cap by their current earnings.
What is ALKE.F's PE Ratio?
PE Ratio17.3x
EarningsAU$17.68m
Market CapAU$305.56m

Price to Earnings Ratio vs Peers

How does ALKE.F's PE Ratio compare to its peers?

The above table shows the PE ratio for ALKE.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23x
CMCL Caledonia Mining
21.2x93.0%US$206.2m
MUX McEwen Mining
4.2x-106.9%US$443.5m
FTCO Fortitude Gold
60.2xn/aUS$131.7m
VGZ Vista Gold
6.5xn/aUS$74.5m
ALKE.F Alkane Resources
17.3x36.3%US$305.6m

Price-To-Earnings vs Peers: ALKE.F is good value based on its Price-To-Earnings Ratio (17.3x) compared to the peer average (23x).

Price to Earnings Ratio vs Industry

How does ALKE.F's PE Ratio compare vs other companies in the US Metals and Mining Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VITF.F Victoria Gold
2.1xn/aUS$23.43m
BMXI Brookmount Explorations
0.7xn/aUS$5.00m
RMRI Rocky Mountain Industrials
0.9xn/aUS$1.76m
ZCRM.F Zincore Metals
0.5xn/aUS$852.33k
ALKE.F 17.3xIndustry Avg. 19.0xNo. of Companies8PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ALKE.F is good value based on its Price-To-Earnings Ratio (17.3x) compared to the US Metals and Mining industry average (19.3x).

Price to Earnings Ratio vs Fair Ratio

What is ALKE.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ALKE.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ALKE.F's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ALKE.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.31
US$0.57
+83.0%
34.6%US$0.83US$0.37n/a3
Nov ’25US$0.35
US$0.57
+62.8%
34.6%US$0.83US$0.37n/a3
Oct ’25US$0.27
US$0.53
+92.1%
32.5%US$0.76US$0.34n/a3
Sep ’25n/a
US$0.51
0%
34.0%US$0.75US$0.34n/a3
Aug ’25US$0.28
US$0.52
+88.1%
31.2%US$0.74US$0.37n/a3
Jul ’25US$0.32
US$0.50
+56.1%
33.1%US$0.73US$0.37n/a3
Jun ’25US$0.37
US$0.62
+69.1%
25.8%US$0.82US$0.43n/a3
May ’25US$0.37
US$0.62
+69.5%
25.8%US$0.82US$0.43n/a3
Apr ’25US$0.38
US$0.56
+47.1%
12.7%US$0.65US$0.49n/a3
Mar ’25US$0.33
US$0.56
+70.4%
12.7%US$0.65US$0.49n/a3
Feb ’25US$0.37
US$0.59
+60.8%
12.0%US$0.66US$0.49n/a3
Jan ’25US$0.43
US$0.61
+41.7%
14.1%US$0.69US$0.49n/a3
Dec ’24US$0.44
US$0.61
+37.7%
14.1%US$0.69US$0.49n/a3
Nov ’24US$0.35
US$0.55
+57.9%
14.3%US$0.63US$0.47US$0.352
Oct ’24n/a
US$0.66
0%
2.4%US$0.67US$0.64US$0.272
Sep ’24US$0.45
US$0.66
+47.4%
2.4%US$0.67US$0.64n/a2
Aug ’24US$0.52
US$0.69
+31.9%
2.4%US$0.70US$0.67US$0.282
Jul ’24US$0.45
US$0.71
+56.5%
4.8%US$0.74US$0.67US$0.322
Jun ’24US$0.48
US$0.71
+47.1%
4.8%US$0.74US$0.67US$0.372
May ’24US$0.57
US$0.71
+24.5%
4.8%US$0.74US$0.67US$0.372
Mar ’24US$0.47
US$0.74
+56.6%
9.1%US$0.81US$0.67US$0.332
Feb ’24US$0.50
US$0.75
+50.7%
4.8%US$0.78US$0.71US$0.372
Jan ’24US$0.36
US$0.66
+81.6%
4.8%US$0.69US$0.63US$0.432
Dec ’23US$0.43
US$0.66
+53.4%
4.8%US$0.69US$0.63US$0.442
Nov ’23US$0.42
US$0.66
+58.2%
4.8%US$0.69US$0.63US$0.352

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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