Top Page
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 |
|---|---|---|---|---|---|---|---|
69 Neutral | AU$2.11B | 28.30 | 9.84% | ― | 51.66% | 86.35% | |
63 Neutral | AU$1.61B | 52.67 | 10.01% | ― | 153.02% | -85.25% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$810.12M | -137.50 | -4.97% | ― | ― | 16.67% | |
50 Neutral | AU$1.07B | -31.75 | -13.44% | ― | ― | -267.46% | |
44 Neutral | $695.63M | -5.83 | -15.01% | ― | -3.61% | -49.39% |
Alkane Resources Ltd Corporate Events
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.
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.
Alkane Resources has responded to an ASX query regarding the late lodgement of an Appendix 3Y notice detailing changes in director Bradford Mills’ notifiable interests, acknowledging that the filing was delayed due to an administrative oversight. The company stated that all directors are aware of their disclosure obligations, that it has reviewed and considers its existing compliance arrangements adequate, and that it has reminded directors of notification timeframes and added a board agenda item to reinforce awareness, characterising the incident as isolated rather than indicative of systemic issues.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
Alkane Resources Limited has applied for quotation on the ASX of 409,031 new ordinary fully paid shares issued on 22 December 2025. The shares have been granted as a bonus allocation to eligible employees under the company’s Bonus Employee Share Plan, representing a non-cash remuneration initiative designed to reward staff and align employee incentives with shareholder interests through increased equity participation.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
Alkane Resources Ltd has disclosed a change in the interests of Director Bradford Allan Mills, who holds both direct and indirect stakes in the company’s ordinary fully paid shares. Through the indirect holding vehicle CE Mining III MND Limited, Mills disposed of 1,450,000 Alkane shares via an on‑market sale on 8 and 9 December 2025 at an average price of $1.0206 per share, reducing that indirect holding to 178,385,831 shares while his direct holding remains unchanged at 1,608,074 shares. The transaction, reported under ASX listing rule requirements, reflects a modest adjustment to a large existing shareholding without indicating any change to the company’s operational strategy or governance structure.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
Alkane Resources has reported encouraging drilling results from the Storheden deposit, about 600 metres north of its operating Björkdal mine in Sweden, showing gold-bearing quartz veins down to 464 metres—more than double the previously tested depth of 200 metres—and extending the strike length of known mineralisation to over 2.7 kilometres. The company says the deposit remains open at depth with no sign of weakening grades, and that Storheden’s geology appears to mirror and potentially converge with the main Björkdal system, positioning it as a potential new high‑grade production area that could replace lower-grade stockpile feed, support resource growth and enhance the long‑term production profile of the Björkdal operation.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.65 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.45 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.45 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.45 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
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.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.45 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.