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Alkane Director Bradford Mills Trims Indirect Shareholding in On-Market Trade

Story Highlights
  • Alkane director Bradford Mills has reduced his indirect shareholding via CE Mining III MND Limited.
  • The 1,450,000 shares sold on market modestly adjust a large existing stake without signaling strategic shifts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alkane Director Bradford Mills Trims Indirect Shareholding in On-Market Trade

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The latest announcement is out from Alkane Resources Ltd ( (AU:ALK) ).

Alkane Resources Ltd has disclosed a change in the interests of Director Bradford Allan Mills, who holds both direct and indirect stakes in the company’s ordinary fully paid shares. Through the indirect holding vehicle CE Mining III MND Limited, Mills disposed of 1,450,000 Alkane shares via an on‑market sale on 8 and 9 December 2025 at an average price of $1.0206 per share, reducing that indirect holding to 178,385,831 shares while his direct holding remains unchanged at 1,608,074 shares. The transaction, reported under ASX listing rule requirements, reflects a modest adjustment to a large existing shareholding without indicating any change to the company’s operational strategy or governance structure.

The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.

More about Alkane Resources Ltd

Alkane Resources Ltd is an Australian resources company listed on the ASX, primarily engaged in the exploration and development of mineral projects, with a focus on gold and related commodities. The company operates within the mining and resources sector and is subject to Australian corporate and securities market regulations.

YTD Price Performance: 138.24%

Average Trading Volume: 8,160,013

Technical Sentiment Signal: Buy

Current Market Cap: A$1.66B

See more data about ALK stock on TipRanks’ Stock Analysis page.

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