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Alkane Resources Ltd ( (AU:ALK) ) has issued an announcement.
Alkane Resources Ltd has announced the quotation of 759,335,771 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with its securities.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.04 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 a company operating in the resources sector, primarily focused on the exploration and development of mineral resources. Its market focus includes the extraction and processing of valuable minerals.
Average Trading Volume: 1,934,707
Technical Sentiment Signal: Buy
Current Market Cap: A$423.9M
For an in-depth examination of ALK stock, go to TipRanks’ Overview page.