Alkane Resources Future Growth
Future criteria checks 2/6
Alkane Resources is forecast to grow earnings and revenue by 14.6% and 4.5% per annum respectively. EPS is expected to grow by 12.9% per annum. Return on equity is forecast to be 17.4% in 3 years.
Key information
14.6%
Earnings growth rate
12.86%
EPS growth rate
| Metals and Mining earnings growth | 12.3% |
| Revenue growth rate | 4.5% |
| Future return on equity | 17.38% |
| Analyst coverage | Good |
| Last updated | 21 Sep 2026 |
Recent future growth updates
Recent updates
Narrative Update • Sep 18
ALK: Dividend And Buyback Will Support Growing Reserves And Future Upside
Analysts have lifted their price target for Alkane Resources from A$2.35 to A$3.00, citing updated assumptions for long term revenue growth and profit margins, as well as a higher future P/E multiple in their valuation work. What's in the News for Alkane Resources Alkane Resources reported updated Mineral Resource and Ore Reserve estimates to 30 June 2026 across its Australian and Swedish operations, with its three producing mines replacing depletion during FY26 and the Boda Kaiser copper gold project remaining the largest part of the resource base.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...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 6/30/2029 | 1,059 | 335 | 429 | 509 | 3 |
| 6/30/2028 | 1,071 | 381 | 395 | 558 | 5 |
| 6/30/2027 | 1,033 | 300 | 267 | 469 | 6 |
| 6/30/2026 | 936 | 229 | 287 | 460 | N/A |
| 3/31/2026 | 756 | 170 | 209 | 337 | N/A |
| 12/31/2025 | 545 | 85 | 101 | 196 | N/A |
| 9/30/2025 | 347 | 19 | 31 | 95 | N/A |
| 6/30/2025 | 262 | 33 | -4 | 72 | N/A |
| 3/31/2025 | 238 | 28 | -37 | 69 | N/A |
| 12/31/2024 | 205 | 18 | -72 | 52 | N/A |
| 9/30/2024 | 191 | 23 | -86 | 58 | N/A |
| 6/30/2024 | 173 | 18 | -83 | 53 | N/A |
| 3/31/2024 | 168 | 19 | -60 | 61 | N/A |
| 12/31/2023 | 186 | 30 | -33 | 83 | N/A |
| 9/30/2023 | 188 | 36 | -15 | 89 | N/A |
| 6/30/2023 | 191 | 42 | 4 | 96 | N/A |
| 3/31/2023 | 186 | 44 | 11 | 94 | N/A |
| 12/31/2022 | 182 | 46 | 18 | 92 | N/A |
| 9/30/2022 | 173 | 58 | 11 | 89 | N/A |
| 6/30/2022 | 165 | 70 | 3 | 86 | N/A |
| 12/31/2021 | 139 | 65 | -19 | 72 | N/A |
| 9/30/2021 | 134 | 50 | -17 | 72 | N/A |
| 6/30/2021 | 128 | 34 | -15 | 71 | N/A |
| 12/31/2020 | 104 | 22 | -26 | 57 | N/A |
| 9/30/2020 | 88 | 18 | -32 | 43 | N/A |
| 6/30/2020 | 73 | 13 | -38 | 29 | N/A |
| 12/31/2019 | 74 | 19 | N/A | 26 | N/A |
| 9/30/2019 | 83 | 21 | N/A | 31 | N/A |
| 6/30/2019 | 93 | 23 | N/A | 36 | N/A |
| 3/31/2019 | 109 | 23 | N/A | 45 | N/A |
| 12/31/2018 | 124 | 23 | N/A | 55 | N/A |
| 9/30/2018 | 127 | 24 | N/A | 55 | N/A |
| 6/30/2018 | 130 | 24 | N/A | 55 | N/A |
| 3/31/2018 | 135 | 18 | N/A | 58 | N/A |
| 12/31/2017 | 139 | 12 | N/A | 61 | N/A |
| 9/30/2017 | 129 | -8 | N/A | 58 | N/A |
| 6/30/2017 | 118 | -29 | N/A | 55 | N/A |
| 3/31/2017 | 105 | -29 | N/A | 43 | N/A |
| 12/31/2016 | 91 | -29 | N/A | 32 | N/A |
| 9/30/2016 | 100 | -12 | N/A | 35 | N/A |
| 6/30/2016 | 110 | 5 | N/A | 37 | N/A |
| 3/31/2016 | 105 | 2 | N/A | 32 | N/A |
| 12/31/2015 | 101 | -1 | N/A | 26 | N/A |
| 9/30/2015 | 102 | -3 | N/A | 27 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALK's forecast earnings growth (14.6% per year) is above the savings rate (3.8%).
Earnings vs Market: ALK's earnings (14.6% per year) are forecast to grow faster than the Australian market (11.2% per year).
High Growth Earnings: ALK's earnings are forecast to grow, but not significantly.
Revenue vs Market: ALK's revenue (4.5% per year) is forecast to grow slower than the Australian market (5.2% per year).
High Growth Revenue: ALK's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALK's Return on Equity is forecast to be low in 3 years time (17.4%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/22 08:31 |
| End of Day Share Price | 2026/09/22 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 |
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| 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
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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 |