Alkane Resources (ALK.AX) Stock Price
Alkane Resources Price
Over the last 19 years Alkane Resources grew revenue by 33.4% annually, reaching 262.36 M AUD. Earnings per share have grown at 11.6% per year over the last 16 years. For Alkane Resources, the net margin of 12.6% is down versus 43.6% a few years ago. The consensus 12-month price target for Alkane Resources is 2.09 AUD, about 15.5% above where the stock trades today. Of 9 analysts, 8 rate the stock a buy — an overall Buy consensus.
Alkane Resources stock price
Alkane Resources business model & stock analysis
Frequently asked questions about Alkane Resources
The business model of Alkane Resources Ltd revolves around the exploration, development, and production of various minerals, with a primary focus on gold and rare earth elements (REEs). Alkane Resources engages in diverse operations, including mining, processing, and marketing of these minerals. The company aims to discover and develop high-quality resources while ensuring a sustainable and responsible approach. By leveraging its expertise and industry knowledge, Alkane Resources seeks to maximize the value of its assets and generate long-term profitability for its stakeholders.
Alkane Resources Ltd is primarily active in the mining and exploration industry, specifically focusing on rare earth elements and gold.
Some of the main competitors of Alkane Resources Ltd in the market include BHP Group Limited, Rio Tinto Limited, and Newcrest Mining Limited.
Alkane Resources Ltd is an Australian mining and exploration company. Established in 1969, Alkane has been operating in the mining industry for over 50 years. The company initially focused on gold exploration but has since evolved into a diversified mining company with interests in rare earth elements and other metals. Alkane Resources has built a strong reputation for its expertise in gold mining, specifically in the Central West region of New South Wales, Australia. With its commitment to sustainable and ethical practices, Alkane Resources continues to play a significant role in the mining sector, driving economic growth and delivering value to its shareholders.
Alkane Resources Ltd, an Australian mining company, has achieved several significant milestones. One notable achievement is the development of the Tomingley Gold Operations in New South Wales, which commenced production in 2014. The successful establishment of this project has contributed to Alkane Resources becoming a significant gold producer in Australia. Another milestone is the discovery and subsequent development of the Dubbo Project, a large polymetallic resource located in New South Wales. This project aims to produce rare earths, hafnium, zirconium, and niobium, positioning Alkane Resources as a key player in the global rare earth market.
Alkane Resources Ltd is primarily present in Australia.
Alkane Resources Ltd is a company that values integrity, innovation, and sustainability. With their strong corporate philosophy, they prioritize responsible mining practices and environmental stewardship. Alkane Resources Ltd also values transparency and ethical conduct, maintaining open communication with stakeholders. Their commitment to community engagement and social responsibility is evident through various initiatives aimed at supporting the local communities in which they operate. By leveraging their technical expertise and diverse portfolio, Alkane Resources Ltd strives to deliver long-term value for shareholders while ensuring sustainable development.
Analysts currently set an average price target of 2.08 AUD for the Alkane Resources stock (median: 2.09 AUD), implying +15.0 % versus the latest price. The consensus is based on 9 analyst ratings.
9 analysts currently rate the Alkane Resources stock: 8 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Alkane Resources to generate revenue of 935.82 M AUD and earnings per share of 0.18 AUD.
Converted at the current exchange rate, the Alkane Resources share trades at 1.13 EUR (1.81 AUD).
The Alkane Resources share (ALK.AX) is listed on 6 stock exchanges, including: ASX (ALK.AX), Frankfurt (AK7.F), München (AK7.MU), Düsseldorf (AK7.DU), Hamburg (AK7.HM).
Alkane Resources Ltd is an Australian mining company that specializes in the exploration and extraction of gold, rare earth metals, copper, and other mineral resources. The company primarily operates in Australia and has made a significant contribution to Australia's economic development since its establishment in 1969. The business model of Alkane Resources focuses on three main areas: 1. Exploration and resource development - Alkane Resources aims to discover and develop new deposits of precious and base metals. The company has a number of exploration projects in various regions of Australia, including the Tomingley Gold Mine and the Dubbo Zirconia Project. Through the exploration and development of new resources, Alkane Resources secures long-term growth opportunities. 2. Mining and production - Alkane Resources currently operates several mines in Australia, including the Tomingley Gold Mine, Peak Hill Gold Mine, and Lewis Ponds Gold Mine. The company annually produces a significant amount of gold and rare earths, which are sold on the international market. By maximizing the efficiency of the mines and continuously improving production technologies, Alkane Resources aims for sustainable and profitable business development. 3. Distribution and marketing - Alkane Resources distributes its products on the international market through various channels, including commodity exchanges and direct sales to end customers. The company collaborates with leading partners in various industries to market its products and reach a broader customer base. The products of Alkane Resources include gold, rare earth metals such as zirconium, hafnium, neodymium, and praseodymium, as well as copper and other mineral resources. These are in demand in various industries such as electronics, energy generation, and the automotive industry. Alkane Resources strives to meet this demand through continuous improvement of product quality and increasing product quantities. Overall, the business model of Alkane Resources is focused on long-term and sustainable business development. The company pursues a multidivisional business strategy that aims to diversify its business activities and maximize its growth opportunities. Alkane Resources' vision is to become a leading player in the global mining sector by focusing on innovation and sustainable business practices.
The expected revenue of Alkane Resources is 935.82 M AUD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Alkane Resources is 110.57 M AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Alkane Resources is currently 10.04. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Alkane Resources stock.
The price-to-sales ratio (P/S) of Alkane Resources is currently 1.19. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Alkane Resources stock.
The Eulerpool Quality Score for Alkane Resources is 5/10.
The ISIN of Alkane Resources is AU000000ALK9. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Alkane Resources is 863617. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Alkane Resources is ALK.AX. The ticker symbol is used to trade Alkane Resources shares on the stock exchange.
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All fundamentals and in-depth analysis of Alkane Resources
Our stock analysis for Alkane Resources stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Alkane Resources. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.