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Alkane Resources Ltd
(Sydney:ALK)
Alkane Resources Ltd (ALK) vs. iShares MSCI Australia ETF (EWA)
Alkane Resources Ltd Business Overview & Revenue Model
Alkane Resources Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 262.36M | 262.36M | 172.99M | 190.53M | 165.01M | 127.83M |
| Gross Profit | 53.77M | 51.59M | 29.85M | 71.22M | 57.30M | 57.37M |
| EBITDA | 101.34M | 103.03M | 62.93M | 97.75M | 137.32M | 71.12M |
| Net Income | 33.04M | 33.04M | 17.68M | 42.45M | 70.25M | 55.70M |
Balance Sheet | ||||||
| Total Assets | 543.29M | 543.29M | 464.70M | 425.77M | 367.85M | 236.22M |
| Cash, Cash Equivalents and Short-Term Investments | 48.09M | 48.09M | 45.52M | 80.29M | 77.89M | 18.99M |
| Total Debt | 59.32M | 59.32M | 49.02M | 13.55M | 15.05M | 9.22M |
| Total Liabilities | 197.60M | 197.60M | 155.32M | 112.19M | 86.81M | 44.65M |
| Stockholders Equity | 345.69M | 345.69M | 309.37M | 300.00M | 268.87M | 191.56M |
Cash Flow | ||||||
| Free Cash Flow | 11.07M | 13.93M | -82.59M | 3.75M | 2.96M | -15.00M |
| Operating Cash Flow | 71.98M | 71.98M | 52.90M | 95.55M | 86.48M | 71.12M |
| Investing Cash Flow | -78.66M | -78.66M | -123.52M | -91.43M | -33.24M | -102.73M |
| Financing Cash Flow | 9.25M | 9.25M | 35.84M | -1.72M | 5.67M | 2.26M |
Alkane Resources Ltd Technical Analysis
Alkane Resources Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $1.39B | 18.41 | 9.84% | ― | 51.66% | 86.35% | |
62 Neutral | $1.15B | 39.55 | 10.01% | ― | 153.02% | -85.25% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | $635.14M | ― | -15.01% | ― | -3.61% | -49.39% | |
48 Neutral | €614.07M | -105.00 | -4.97% | ― | ― | 16.67% | |
48 Neutral | AU$665.13M | -19.98 | -13.44% | ― | ― | -267.46% |
Alkane Resources Ltd Corporate Events
Alkane Resources Ltd announced a change in the director’s interest, with Nicholas Paul Earner acquiring 977,921 LTI FY2026 performance rights. This acquisition was approved by shareholders at the Annual General Meeting, indicating shareholder support for the company’s long-term incentive plans, which could impact the company’s strategic direction and stakeholder confidence.
Alkane Resources Limited has announced the appointment of Denise Patricia McComish as a new director, effective from December 1, 2025. This appointment is part of the company’s ongoing efforts to strengthen its leadership team, which could potentially impact its strategic direction and stakeholder relations positively.
Alkane Resources Ltd announced that all resolutions at its Annual General Meeting were passed, indicating strong shareholder support for the company’s strategic direction. This outcome reinforces Alkane’s position in the mining industry, potentially boosting stakeholder confidence and supporting its growth trajectory in gold and antimony production.
Alkane Resources Ltd held its 2025 Annual General Meeting, where it reiterated its commitment to maintaining transparency and accuracy in its reporting of mineral resources and ore reserves. The company emphasized the importance of its ongoing projects, such as the Boda-Kaiser Copper-Gold Project and the Tomingley and Peak Hill Gold Projects in New South Wales, as well as the Björkdal Gold Mine in Sweden. These projects are crucial for Alkane’s strategic positioning in the mining sector, with a focus on sustainable operations and cost management. The company also highlighted the use of non-IFRS measures like all-in sustaining costs to provide a clearer picture of its financial performance, although these may not be directly comparable to other companies.
Alkane Resources Ltd is set to address its shareholders at the upcoming Annual General Meeting (AGM), which will be conducted both in-person and online. The company has released a summary of proxy votes received ahead of the AGM, with results to be announced shortly after the meeting. This event is part of Alkane’s ongoing efforts to engage with stakeholders and provide updates on its operations and strategic direction.
Alkane Resources Ltd has appointed Ms. Denise McComish as an independent Non-Executive Director and Chair of the Audit & Risk Committee, effective December 1, 2025. With her extensive experience in financial strategy, governance, and ESG matters, Ms. McComish is expected to contribute significantly to Alkane’s board, aligning with the company’s objective to deliver long-term value to shareholders and stakeholders.
Alkane Resources Ltd announced the issuance of 2,554,928 unquoted securities under an employee incentive scheme. These securities, classified as FY2026 Performance Rights, are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted. This move is part of the company’s strategy to motivate and retain key personnel, potentially impacting its operational efficiency and market competitiveness.
Alkane Resources Ltd has released its Q1 FY 2026 earnings conference call presentation, highlighting its mineral resources and ore reserves across various projects. The company emphasizes the importance of its technical reports compliant with Canadian and Australian standards, which support its mineral resource estimates. Alkane reassures stakeholders that there have been no material changes to the assumptions and technical parameters underpinning these estimates, indicating stability in its resource base.
Alkane Resources Ltd has released its management discussion and analysis for the first quarter of 2026, highlighting financial and operational results. The report provides insights into the company’s financial performance, exploration highlights, and risk management strategies, which are crucial for stakeholders to assess the company’s future prospects and industry positioning.
Alkane Resources Ltd has released its condensed consolidated interim financial statements for the three months ending September 30, 2025, and 2024. The statements provide insights into the company’s financial performance, including profit or loss, comprehensive income, financial position, changes in equity, and cash flows. This release is crucial for stakeholders as it offers a detailed view of the company’s financial health and operational efficiency over the specified period.
Alkane Resources Ltd reported strong financial results for Q1 FY2026, following its merger with Mandalay Resources Corporation. The company achieved a significant increase in revenue to $147.2 million, driven by enhanced production and sales from its expanded portfolio. Despite a consolidated net loss of $2.7 million due to increased operating costs and one-off merger expenses, Alkane maintains a robust financial position with $191 million in cash, bullion, and investments. This strategic merger positions Alkane as a more substantial player in the mining industry, with implications for enhanced market presence and operational scale.
Alkane Resources Ltd is set to release its Q1 FY2026 operating and financial results on 13 November 2025. Following the release, a conference call and webcast will be hosted by the company’s Managing Director & CEO, Nic Earner, and CFO, James Carter, to discuss the results. This announcement is significant as it provides stakeholders with insights into the company’s financial health and operational performance, potentially impacting its market positioning and investor confidence.
Alkane Resources Ltd announced that its Managing Director & CEO, Nic Earner, will be presenting at several upcoming mining and investment conferences in Zurich and London. These presentations are part of Alkane’s strategy to engage with investors and showcase its growth potential, supported by its strong balance sheet and ongoing exploration efforts. The company’s participation in these events underscores its commitment to expanding its market presence and enhancing stakeholder value.
Alkane Resources Ltd has announced significant new gold mineralisation discoveries at its Tomingley Gold Operations. The recent drilling at McLeans and the Western Monzodiorite domain at Roswell has revealed promising gold intercepts, indicating potential resource expansion and increased confidence in existing inferred resources. These findings underscore the company’s ongoing efforts to extend the mine’s life and enhance its resource base, which could positively impact its operational capabilities and market position.
Alkane Resources Ltd has announced its Annual General Meeting, scheduled for November 26, 2025, to be held both in person and online. The meeting will allow shareholders to participate, ask questions, and vote on company matters, emphasizing the importance of shareholder engagement and environmental responsibility by encouraging electronic communication to reduce environmental impact.
Alkane Resources Ltd has released its corporate governance statement for the financial year ending 30 June 2025, which is available on their website. The statement confirms that the company has adhered to the ASX Corporate Governance Council’s principles and recommendations, ensuring transparency and accountability in its operations. This disclosure is crucial for maintaining investor confidence and aligning with industry standards, reinforcing Alkane’s commitment to robust governance practices.
Alkane Resources Ltd has undergone significant changes in its board of directors, with several new appointments and resignations effective August 2025. These changes could impact the company’s strategic direction and operational focus, potentially influencing its market positioning and stakeholder interests.
Alkane Resources Ltd has released its FY25 statement on the mineral resources and ore reserves for the Björkdal Mine and associated projects in Sweden. As of June 30, 2025, the estimated mineral resources total approximately 1.97 million ounces of gold, with 71% classified as measured and indicated. The report highlights the company’s governance and internal controls in resource estimation, ensuring compliance with the JORC Code 2012. The announcement underscores Alkane’s commitment to transparency and operational excellence, potentially strengthening its position in the mining industry and providing assurance to stakeholders.
Alkane Resources Ltd has announced its first JORC-compliant reporting of Mineral Resources and Ore Reserves for the Costerfield Property as of June 30, 2025. This includes significant resources and reserves, with a demonstrated mine life extending to 2030, bolstered by the recent discovery of the True Blue Deposit. The announcement underscores Alkane’s commitment to maintaining robust governance and internal controls over its resource estimates, potentially enhancing its market position and offering positive implications for stakeholders.
Alkane Resources Ltd has reported its Mineral Resources and Ore Reserves for the Tomingley Gold Project and the Boda-Kaiser Deposits as of June 30, 2025. The Tomingley Gold Operations continue with significant drilling programs and updated mining schedules, while the Boda-Kaiser Project maintains its resource estimates. These developments are expected to enhance Alkane’s operational capabilities and strengthen its position in the mining industry.
Alkane Resources Ltd has updated its Mineral Resources and Ore Reserves estimates for its Australian and Swedish assets, complying with the JORC Code. The company reports a consolidated resource and reserves base across its three operating mines and the Boda-Kaiser Project, indicating robust business strength and long-term growth potential. This update underscores Alkane’s commitment to substantial capital expenditure, particularly at the Costerfield site, to enhance its resource base and maintain its industry positioning.
Alkane Resources Ltd announced the cessation of Dominic Francis Duffy as a director, effective October 14, 2025. This change in the board of directors may influence the company’s strategic direction and stakeholder confidence, as leadership transitions often impact operational and market strategies.
Alkane Resources Ltd announced the resignation of Non-Executive Director Dominic Duffy, who is leaving to pursue other opportunities. The company’s board is currently evaluating its composition and potential future appointments. This change in leadership comes as Alkane continues to focus on its growth strategy, leveraging its strong balance sheet and expanding its exploration activities to enhance its position in the gold, copper, and antimony markets.
Alkane Resources Ltd reported a quarterly production of 36,407 ounces of gold equivalent for the period from July to September 2025. The company successfully completed a merger with Mandalay Resources, resulting in a consolidated production of 35,527 ounces of gold and 198 tonnes of antimony. Despite incurring one-off transaction costs and repaying a debt facility, Alkane maintains a strong financial position with A$191 million in cash, bullion, and investments. The company’s production guidance for FY2026 remains unchanged, indicating stable operations and potential growth opportunities.
Alkane Resources Ltd has announced a change in the director’s interest, with Ian Jeffrey Gandel disposing of a significant number of shares through an on-market trade. This adjustment in shareholding may impact the company’s stock dynamics and investor perceptions, as it reflects a strategic decision by a key stakeholder.
Alkane Resources Ltd has announced its annual general meeting will be held on November 26, 2025, where the re-election and appointment of directors will be a key agenda item. The company has set October 8, 2025, as the deadline for director nominations, indicating a structured approach to governance and potential strategic shifts in leadership. This announcement could impact the company’s operational strategies and stakeholder interests, reflecting its commitment to maintaining robust corporate governance practices.
Alkane Resources Ltd announced that its Managing Director & CEO, Nic Earner, will present at the Precious Metals Summit and the Mining Forum Americas in Colorado. These presentations are part of Alkane’s strategy to engage with investors and stakeholders, highlighting its strong financial position and growth potential in the gold, copper, and antimony sectors. The company’s participation in these events underscores its commitment to expanding its market presence and enhancing its reputation in the mining industry.
Mandalay Resources Corporation has released a NI 43-101 Technical Report for the Björkdal Gold Mine in Sweden, prepared by SLR Consulting (Canada) Ltd. This report, with an effective date of December 31, 2024, provides detailed insights into the operations and potential of the Björkdal Gold Mine, which could impact the company’s strategic positioning and stakeholder interests.
Mandalay Resources Corporation has released a technical report for its Costerfield Operation in Victoria, Australia. The report, prepared by SRK Consulting, outlines the mineral resource estimation and other technical details relevant to the operation as of December 31, 2024. This report is crucial for stakeholders as it provides insights into the future potential and operational efficiency of the Costerfield site, which could impact the company’s strategic decisions and market positioning.
Alkane Resources Ltd has released technical reports for its Costerfield and Björkdal operations, originally prepared by Mandalay Resources Corporation under Canadian NI 43-101 standards. These reports are classified as ‘foreign estimates’ under ASX rules, and Alkane has begun the process of converting them to JORC Code-compliant estimates. The company aims to increase its gold production and diversify its sources, aligning with its strategy to become a leading mid-tier gold producer.
Alkane Resources Ltd has announced its financial year 2026 guidance following a merger with Mandalay Resources Corporation. The company projects gold equivalent production to rise to 160,000-175,000 ounces, with an all-in sustaining cost of A$2,600-A$2,900 per ounce. This guidance reflects the strength of its expanded operations and a disciplined approach to costs, while investing in capital and exploration to drive organic growth. The merger positions Alkane for significant year-over-year growth, enhancing its market positioning and potential returns for stakeholders.
Alkane Resources Ltd announced a change in the director’s interest, specifically for Nicholas Paul Earner, involving the vesting of 132,007 short-term incentive performance rights and the lapse of 1,088,497 long-term incentive performance rights from FY2023. This change reflects the company’s ongoing management of executive compensation and incentives, potentially impacting stakeholder perceptions and the company’s strategic alignment with its performance goals.
Alkane Resources Ltd has announced the cessation of certain securities due to unmet conditions. Specifically, 10,520 performance rights for FY2024 and 2,675,620 performance rights for FY2023 have lapsed as the conditions for these securities were not satisfied, impacting the company’s issued capital structure.
Alkane Resources Ltd has announced the application for quotation of 917,304 fully paid ordinary securities on the Australian Securities Exchange, effective from September 8, 2025. This move is part of the company’s ongoing efforts to enhance its capital structure, potentially impacting its market position and providing stakeholders with increased investment opportunities.