Alkane Resources logo

ALK - Alkane Resources Share Price

A$0.82 0.0  0.6%

Last Trade - 15/01/21

Sector
Basic Materials
Size
Small Cap
Market Cap £270.3m
Enterprise Value £246.5m
Revenue £41.2m
Position in Universe 425th / 1843
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -16.7%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -46.8%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
102.5 109.6 117.8 130 92.5 72.5 107.6 116.1 -6.7%
-8.4 -46.3 +67.9 +12.5
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 30 June 2020, AlkaneResources Limited revenues decreased 22% to A$72.5M. Netincome before extraordinary items decreased 42% to A$13.3M.Revenues reflect a decrease in demand for the Company'sproducts and services due to unfavorable market conditions.Net income also reflects Corporate administration increaseof 31% to A$3.4M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Alkane Resources Limited is involved in mineral exploration and evaluation, development and extraction. The Company focuses on its projects at Tomingley and Dubbo in New South Wales (NSW). It operates through two segments: gold operations and rare metals. Its Dubbo Zirconia Project is based on a resource of zirconium, hafnium, niobium, tantalum, yttrium and rare earth elements, located at Toongi, approximately 30 kilometers south of the regional center of Duddo. Its Tomingley Gold Operations are located over 50 kilometers south-west of Dubbo in the Central West of NSW. Its Northern Molong Belt Porphyry Project consists of three exploration licenses, such as EL4022-Bodangora, EL6209-Kaiser and EL8261-Finns Crossing. Its Finns Crossing is located immediately to the north-west of the Bodangora exploration license. Its Kaiser covers approximately 127 hectors and is enclosed by the Bodangora license. Its Orange East Project is located approximately 15 kilometers east-south-east of Orange.

Directors
Last Annual June 30th, 2020
Last Interim June 30th, 2020
Incorporated May 13, 1969
Public Since October 7, 1980
No. of Shareholders: 9,071
No. of Employees: 105
Sector Basic Materials
Industry Metals & Mining
Index S&P/ASX All Ordinaries , S&P/ASX 300 , ASX Small Ordinaries ,
Exchange Australian Stock Exchange - SEATS
Shares in Issue 580,033,307
Free Float (0.0%)
Eligible for
ISAs
SIPPs
ALK Share Price Performance
Share Price
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Latest News for ALK
Upcoming Events for ALK
Frequently Asked Questions for Alkane Resources
What is the Alkane Resources share price?

As of 15/01/21, shares in Alkane Resources are trading at A$0.82, giving the company a market capitalisation of £270.3m. This share price information is delayed by 15 minutes.

How has the Alkane Resources share price performed this year?

Shares in Alkane Resources are currently trading at A$0.82 and the price has moved by 21.48% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Alkane Resources price has moved by 24.47% over the past year.

What are the analyst and broker recommendations for Alkane Resources?

Of the analysts with advisory recommendations for Alkane Resources, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Alkane Resources is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Alkane Resources next release its financial results?

Alkane Resources is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Alkane Resources dividend yield?

Alkane Resources does not currently pay a dividend.

Does Alkane Resources pay a dividend?

Alkane Resources does not currently pay a dividend.

When does Alkane Resources next pay dividends?

Alkane Resources does not currently pay a dividend.

How do I buy Alkane Resources shares?

To buy shares in Alkane Resources you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Alkane Resources?

Shares in Alkane Resources are currently trading at A$0.82, giving the company a market capitalisation of £270.3m.

Where are Alkane Resources shares listed? Where are Alkane Resources shares listed?

Here are the trading details for Alkane Resources:

Country of listing: Australia
Exchange: ASX
Ticker Symbol: ALK
What kind of share is Alkane Resources?

Based on an overall assessment of its quality, value and momentum, Alkane Resources is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Alkane Resources share price forecast 2021?

Shares in Alkane Resources are currently priced at A$0.82. At that level they are trading at 28.05% discount to the analyst consensus target price of 0.00.

Analysts covering Alkane Resources currently have a consensus Earnings Per Share (EPS) forecast of 0.04 for the next financial year.

How can I tell whether the Alkane Resources share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Alkane Resources. Over the past six months, the relative strength of its shares against the market has been -42.15%. At the current price of A$0.82, shares in Alkane Resources are trading at -23.71% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Alkane Resources PE Ratio?

The Alkane Resources PE ratio based on its reported earnings over the past 12 months is 34.42. The shares are currently trading at A$0.82.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Alkane Resources?

Alkane Resources's management team is headed by:

David Chalmers - EDR
Anthony Lethlean - NID
Ian Gandel - NEC
Nicholas Earner - MDR
Alister MacDonald - GMG
Gavin Smith - NID
Dennis Wilkins - SEC
James Carter - CFO
D Woodall - MDR
Who are the major shareholders of Alkane Resources?

Here are the top five shareholders of Alkane Resources based on the size of their shareholding:

Abbotsleigh Pty. Ltd. Corporation
Percentage owned: 24.76% (147.4m shares)
Chapelgreen Pty. Ltd. Corporation
Percentage owned: 6.01% (35.8m shares)
Van Eck Associates Corporation Investment Advisor/Hedge Fund
Percentage owned: 4.17% (24.8m shares)
VanEck Vectors Junior Gold Miners ETF Mutual Fund
Percentage owned: 3.92% (23.4m shares)
Invesco Gold & Special Minerals Fund Mutual Fund
Percentage owned: 1.44% (8.58m shares)
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