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The latest update is out from Alkane Resources Ltd ( (AU:ALK) ).
Alkane Resources Ltd has announced a change in the director’s interest, with Gavin Murray Smith acquiring an additional 68,493 ordinary fully paid shares in the company, bringing his total direct holding to 228,243 shares. This acquisition, made through an on-market purchase valued at $50,054.89, reflects a strategic move that could potentially impact the company’s market positioning and stakeholder interests by increasing the director’s stake in the company.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.12 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 involved in the mining and exploration industry, focusing primarily on gold and other precious metals. The company operates in Australia and is known for its efforts in developing mining projects and exploring mineral resources.
Average Trading Volume: 1,927,969
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$442M
For an in-depth examination of ALK stock, go to TipRanks’ Overview page.