Alkane Resources Lifts Cash Reserves on Strong December Quarter Output

An update from Alkane Resources Ltd ( (AU:ALK) ) is now available.

Alkane Resources reported a solid December 2025 quarter with production of 43,663 ounces of gold equivalent from its Tomingley, Costerfield and Björkdal operations, including 42,767 ounces of gold and 267 tonnes of antimony, while group year-to-date output reached 80,070 gold-equivalent ounces. The miner ended the quarter with A$246 million in cash, bullion and listed investments, up A$55 million despite an A$11 million income tax payment, remains effectively debt free apart from A$22 million in equipment finance, and reaffirmed its FY2026 production guidance of 160,000–175,000 gold-equivalent ounces at an all-in sustaining cost of A$2,600–A$2,900 per ounce, underscoring strengthened financial capacity and operational stability following the integration of its three mine portfolio.

The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.50 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 Australia-based gold and antimony producer with three wholly owned operating mines: the Tomingley open pit and underground gold mine in New South Wales, the Costerfield gold and antimony underground mine in Victoria, and the Björkdal underground gold mine in Sweden. The company also holds the large Boda-Kaiser gold-copper porphyry project in Central West New South Wales and continues near-mine and regional exploration, positioning it as a growing mid-tier player in gold, copper and antimony with a strong balance sheet and international footprint.

Average Trading Volume: 6,963,053

Technical Sentiment Signal: Buy

Current Market Cap: A$1.89B

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