Stock data
| Market cap. | A$98.7m |
| Last close | A$0.20 |
| High / Low (52 weeks) | A$0.3 / A$0.2 |
| Stock market listing | AU |
| Forecast net cash (A$m) | 66.5 |
| Forecast gearing ratio (%) | N/A |
| Team | Resources - Mining |
| Sector | Mining |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (2.5) | (15.2) | (32.8) |
| Relative * | (6.1) | (20) | (34.6) |
* % Relative to local index
Other companies in sector Show
Company news
2017 – The Year of Alkane ResourcesThu, 20 Jul 2017 13:48:25 GMT |
Alkane Resources Ltd kicks off large exploration program at TomingleyThu, 22 Sep 2016 02:02:13 GMT |
Alkane Resources doubles Proved Ore Reserves of Dubbo ProjectWed, 20 Sep 2017 07:23:13 GMT |
Alkane Resources develops new process to produce hafniumTue, 16 Jan 2018 23:48:45 GMT |
Did Alkane Resources Limited (ASX:ALK) Create Value For Investors Over The ...Tue, 17 Apr 2018 02:26:15 GMT |
| Y/E Jun | Revenue (A$m) | EBITDA (A$m) | PBT (A$m) | EPS (c) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2017A | 117.8 | 49.3 | 6.6 | 2.23 | 8.7 | N/A |
| 2018A | 130.0 | 68.6 | 31.5 | 4.87 | 4.0 | N/A |
| 2019E | 73.9 | 20.7 | 14.3 | 2.15 | 9.1 | N/A |
| 2020E | 47.9 | 11.5 | 1.7 | (1.30) | N/A | N/A |
Last updated on 13/02/2019
Latest research
Cashed up and hungry for investments
Outlook | Mining | 12/02/2019
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
Investment summary
Alkane Resources is a well-funded gold production company with A$73.7m in cash and no debt. It is seeking to leverage its cash balance and extensive expertise in gold mining and exploration through a strategy of investing in junior gold companies and projects that meet its investment criteria. Alongside this, the company is transitioning from open pit mining to underground mining at its Tomingley gold project and is pursuing the finance required to develop its Dubbo polymetallic project.
Last updated on 12/02/2019
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 01/02/2019
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 |