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Alkane Resources Ltd ( (AU:ALK) ) just unveiled an announcement.
Alkane Resources Limited has applied for quotation on the ASX of 823 new ordinary fully paid shares issued on 7 January 2026 under its Bonus Employee Share Plan. The new securities, valued at A$1,000 and granted to an eligible employee, reflect the company’s continued use of equity-based remuneration to incentivise staff and minimally expand its share capital without a material impact on existing shareholders.
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 Limited is an Australian-listed resources company operating under the ASX code ALK. It is involved in the exploration and development of mineral assets, with its shares traded as ordinary fully paid securities on the Australian Securities Exchange.
Average Trading Volume: 7,112,286
Technical Sentiment Signal: Buy
Current Market Cap: A$1.86B
For an in-depth examination of ALK stock, go to TipRanks’ Overview page.