Alkane Resources (ALK) Stock Overview
Operates as a gold exploration and production company in Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for ALK from our risk checks.
ALK Community Fair Values
Create NarrativeSee what 62 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
Alkane Resources
78.2% undervalued intrinsic discount
Alkane Resources, Record Production, A$374M Cash and a Giant Copper-Gold Project
View narrativeRO
Updated 20 Jul
Alkane Resources Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$1.86 |
| 52 Week High | AU$1.99 |
| 52 Week Low | AU$0.88 |
| Beta | 1.56 |
| 1 Month Change | 18.47% |
| 3 Month Change | 31.45% |
| 1 Year Change | 79.71% |
| 3 Year Change | 186.15% |
| 5 Year Change | 141.56% |
| Change since IPO | 1,140.00% |
Recent News & Updates
Recent updates
Narrative Update • Sep 04
ALK: Record Profit Dividend And Buyback Will Support Future Upside
Analysts have modestly lifted their price target on Alkane Resources from A$2.20 to A$2.35, reflecting updated assumptions on discount rate, revenue growth, profit margins and future P/E multiples in their valuation work. What's in the News for Alkane Resources Alkane Resources reported a record FY26 net profit after tax of A$228.7 million following its merger with Mandalay Resources Corporation, supported by group production of 169,827 gold equivalent ounces.Analysis Article • Aug 24
Alkane Resources Ltd (ASX:ALK) Just Released Its Yearly Earnings: Here's What Analysts Think
It's been a pretty great week for Alkane Resources Ltd ( ASX:ALK ) shareholders, with its shares surging 16% to AU$1.85...
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...Shareholder Returns
| ALK | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -2.6% | -0.7% | -2.0% |
| 1Y | 79.7% | 41.8% | -1.1% |
Return vs Industry: ALK exceeded the Australian Metals and Mining industry which returned 41.8% over the past year.
Return vs Market: ALK exceeded the Australian Market which returned -1.1% over the past year.
Price Volatility
| ALK volatility | |
|---|---|
| ALK Average Weekly Movement | 7.6% |
| Metals and Mining Industry Average Movement | 11.1% |
| Market Average Movement | 9.7% |
| 10% most volatile stocks in AU Market | 16.7% |
| 10% least volatile stocks in AU Market | 4.0% |
Stable Share Price: ALK has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: ALK's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1969 | n/a | Nic Earner | www.alkane.com.au |
Alkane Resources Ltd operates as a gold exploration and production company in Australia. It primarily explores for gold, copper, nickel, zinc, and silver deposits. The company also invests in junior gold mining companies and projects.
Alkane Resources Ltd Fundamentals Summary
| ALK fundamental statistics | |
|---|---|
| Market cap | AU$2.58b |
| Earnings (TTM) | AU$228.72m |
| Revenue (TTM) | AU$935.82m |
11.1x
P/E Ratio2.7x
P/S RatioIs ALK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALK income statement (TTM) | |
|---|---|
| Revenue | AU$935.82m |
| Cost of Revenue | AU$590.04m |
| Gross Profit | AU$345.78m |
| Other Expenses | AU$117.06m |
| Earnings | AU$228.72m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.17 |
| Gross Margin | 36.95% |
| Net Profit Margin | 24.44% |
| Debt/Equity Ratio | 0% |
How did ALK perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield11%
Payout RatioDoes ALK pay a reliable dividends?
See ALK dividend history and benchmarks| Alkane Resources dividend dates | |
|---|---|
| Ex Dividend Date | Sep 07 2026 |
| Dividend Pay Date | Oct 01 2026 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 19 days |
Does ALK pay a reliable dividends?
See ALK dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/11 14:32 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 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.
| Analyst | Institution |
|---|---|
| David Coates | Bell Potter |
| Brian Quast | BMO Capital Markets Equity Research |
| Lord Ashbourne | Edison Investment Research |