Alkane Resources Posts Record Quarterly Output and Cash Build on Mandalay Merger Synergies

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

Alkane Resources reported record quarterly group production for the three months to 31 December 2025, delivering 43,663 gold-equivalent ounces at an all-in sustaining cost of $2,739 per ounce and site operating cash flow of $133 million. The strong result, driven by improved output at Tomingley and the first full quarter of production from Björkdal and Costerfield post-merger, lifted cash, bullion and listed investments to $246 million despite tax payments, while quarterly sales of 44,084 gold-equivalent ounces generated revenue of $256 million at robust realised gold and antimony prices; simultaneous high-grade exploration successes at Storheden and Tomingley, and progress on key infrastructure such as the Newell Highway realignment, reinforce Alkane’s production guidance of 160,000–175,000 gold-equivalent ounces for FY26 and strengthen its operational and balance-sheet position for stakeholders.

The most recent analyst rating on (AU:ALK) stock is a Buy with a A$2.00 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 Limited is an Australian-based gold and antimony producer listed on the ASX, TSX and OTCQX, with key operations at the Tomingley mine in New South Wales and the Björkdal and Costerfield mines acquired via its merger with Mandalay Resources. The company focuses on precious and specialty metals production, underpinned by a growing portfolio of exploration assets such as the Storheden deposit in Sweden and the Tomingley gold operations, targeting sustained output growth and resource extension across its operating hubs.

YTD Price Performance: 19.70%

Average Trading Volume: 6,494,673

Technical Sentiment Signal: Buy

Current Market Cap: A$2.2B

For a thorough assessment of ALK stock, go to TipRanks’ Stock Analysis page.