Stock data
| Market cap. | A$111.3m |
| Last close | A$0.22 |
| High / Low (52 weeks) | A$0.4 / A$0.2 |
| Stock market listing | AU |
| Forecast net debt (m) | N/A |
| Forecast gearing ratio (%) | N/A |
| Team | Resources - Mining |
| Sector | Mining |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | 2.3 | 7.3 | (36.2) |
| Relative * | 8.0 | 14.6 | (36.9) |
* % Relative to local index
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Company news
| Y/E Jun | Revenue (A$m) | EBITDA (A$m) | PBT (A$m) | EPS (c) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2017A | 117.8 | 61.3 | 18.0 | 4.5 | 4.9 | 2.1 |
| 2018A | 130.0 | 68.8 | 31.3 | 4.8 | 4.6 | 2.4 |
| 2019E | N/A | N/A | N/A | N/A | N/A | N/A |
| 2020E | N/A | N/A | N/A | N/A | N/A | N/A |
Last updated on 27/09/2018
Latest research
Poised for the next stage
Update | Mining | 04/05/2018
The final countdown
Update | Mining | 23/11/2017
TGO shows it can, and Dubbo’s value re-emerges
Update | Mining | 27/07/2017
Finishing the year with a flourish
Flash note | Mining | 27/06/2017
Getting back on track at the TGO
Update | Mining | 15/05/2017
Staged DZP plan de-risks financing and off-take
Update | Mining | 19/12/2016
MoU signed with Siemens
Flash note | Mining | 25/10/2016
Major zirconium agreement signed for DZP
Flash note | Mining | 16/08/2016
TGO in line with guidance, DZP shovel ready
Update | Mining | 26/07/2016
Hello from Hanoi
Update | Mining | 14/04/2016
Clear path to financing and securing off-takes
Flash note | Mining | 15/03/2016
Gold production on target, costs within budget
Update | Mining | 01/02/2016
Investment summary
ALK's annual results for the year ending 30 June 2018 were released to market 30 August 2018. Financial highlights reflect strong cash generation from the company's Tomingley Gold Operation (TGO), with gold revenues of A$130m resulting from the sale of 75,507ozs Au at an average realised gold price of A$1,706/oz Au. A total of 78,533ozs Au were produced for the year at an average AISC of A$1,002/oz Au. ALK has a current cash balance of A$72m with bullion at hand at fair value of A$8.0m for total liquid assets of A$80m. On 24 September Alkane’s board approved the development of the underground mining operations at TGO.
Last updated on 28/09/2018
Industry outlook
Alkane continues to market the strategic Dubbo Project (DP) asset to a wide range of potential customer/investors across Europe, Asia and the US. The current US-China trade war and general US protectionist stance towards its industries, bodes well for development of non-Chinese production of rare metals from projects such as the DP.
Last updated on 28/09/2018
Key management
| Ian Gandel, Chairman |
| Nic Earner, MD |
| Ian Chalmers, Technical director |
Company address
| 65 Burswood Road Burswood WA 6100 Australia +61-8-92275677 View website |