Alkane Resources Ltd (ALK) - Research

$0.425

ALK General Information +

ASX Code ALK
Website http://www.alkane.com.au
GICS Sub-Industry Gold
Market Cap ($M) 215
Current Price $0.425
Day High $0.430
Day Low $0.407
Last Close $0.425
Price Movement - ( No change )
Prices as at 16:40, 23 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

ALK Company Overview

Business Description

Alkane Resources Ltd (ALK) is a mineral exploration company engaged in gold and other rare earth mineral projects in the central west of NSW in Australia. The Group's most significant development is the Dubbo Project, to be operated by ASM.

ALK Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2019 F 0.00 4.00 -19.00% 10.60 0.00 0.00% 0.0%
2018 A 24.97 4.90 77.70% 6.30 0.00 0.00% 0.0%
2017 A 14.00 2.80 148.20% 12.00 0.00 0.00% 0.0%

ALK Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2017 A 2018 A 2019 F 2017 A 2018 A 2019 F 2017 A 2018 A 2019 F
Alkane Resources (ALK) $210M 0.7770 -0.1903 0.0000 8.4008 10.3750 0.0000 0.00% 0.00% 0.00%
Evolution Mining (EVN) $8,417M 0.0966 -0.0394 0.5072 32.6101 33.9493 22.5250 1.51% 1.33% 2.13%
Newcrest Mining (NCM) $26,067M 0.1059 0.3460 0.2011 44.7434 33.2419 27.6762 0.74% 0.90% 1.09%
Northern Star Resources (NST) $8,903M 0.0211 0.2644 1.1162 44.1905 34.9485 16.5144 0.68% 0.94% 1.31%
Saracen Mineral Holdings (SAR) $3,487M 1.6542 0.6830 0.4194 46.1455 27.4194 19.3182 0.00% 0.00% 0.00%

ALK Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 10.62 1.13 0.00
Market 0.94 17.30 1.52 1.42
Sector 1.59 13.00 1.32 0.55

ALK Directors

Name Position Start Date
Mr Nicholas (Nic) Paul Earner Managing Director 1 Sep 2017
Mr Anthony (Tony) Dean Lethlean Non-Executive Director 30 May 2002
Mr Gavin Murray Smith Non-Executive Director 29 Nov 2017
Mr Ian Jeffrey Gandel Non-Executive Director, Non-Executive Chairman 24 Jul 2006
Mr David Ian Chalmers Technical Director 5 Oct 2006

ALK Management

Name Position
Dennis William Wilkins Company Secretary

ALK Substantial Shareholders

Holding Name
111,261,217 (21.98%) Abbotsleigh Pty Ltd

ALK Calendar of Events

Date Event
09 July 2020 Report (Quarterly)
27 April 2020 Report (Quarterly)
27 February 2020 Report (Interim)
29 January 2020 Report (Quarterly)
29 October 2019 Report (Quarterly)
24 October 2019 Report (Annual)

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