Australia's Alkane Resources hits seven-week low on weaker quarterly gold sales
09/10/2026 04:46
BUZZ-Australia's Alkane Resources hits seven-week low on weaker quarterly gold sales ** Shares of Alkane Resources ALK.AX fall as much as 3.6% to A$1.740, their lowest since August 20
** Stock down 6.6% so far this week, set for its steepest weekly drop since mid-July
** Gold and antimony producer posts Q1 FY27 group gold sales of 37,950 Au oz, lower than Q4 FY26 sales of 45,600 Au oz
** YTD, stock up 30.9%
(Reporting by Tejas Harish in Bengaluru)
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