ALKANE RESOURCES LIMITED (ALK)
Share Price Analysis and Chart

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ALK - ALKANE RESOURCES LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.14
Index: ALL-ORDS

Alkane Resources is an Australian gold producer and explorer. It has two operations in NSW. The company was founded and listed in 1969.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.485

02 Jul
2024

0.000

OPEN

$0.49

0.000

HIGH

$0.50

856,075

LOW

$0.48

TARGET
$0.825 70.1% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
ALK: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 7.1 4.1 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx - 39.8% - 43.0% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 12.1 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx7.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx190.5 M
Book Value Per Share xxxxxxxxxxxxxxx49.9
Net Operating Cash Flow xxxxxxxxxxxxxxx95.5 M
Net Profit Margin xxxxxxxxxxxxxxx22.28 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx14.92 %
Return on Invested Capital xxxxxxxxxxxxxxx14.53 %
Return on Assets xxxxxxxxxxxxxxx10.70 %
Return on Equity xxxxxxxxxxxxxxx14.92 %
Return on Total Capital xxxxxxxxxxxxxxx19.71 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx61.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx7 M
Long Term Debt xxxxxxxxxxxxxxx6 M
Total Debt xxxxxxxxxxxxxxx14 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx80 M
Price To Book Value xxxxxxxxxxxxxxx1.41

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx91.8 M
Capex % of Sales xxxxxxxxxxxxxxx48.18 %
Cost of Goods Sold xxxxxxxxxxxxxxx126 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx6 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx19 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

26/06/2024

3

Hold

$0.55

13.40%

Alkane Resources has communicated its re-based outlook projections and the numbers proved below what Ord Minnett analysts had expected.

In direct response, earnings estimates have been culled by between -8%-20%. Reduced forecasts have pulled back the price target; to 55c from 65c.

Ignoring the pull back in share price, Ord Minnett points out there remains balance sheet risk, as well as development risk. Hence, the rating remains Hold.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of 4.60 cents.
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of 6.40 cents.
Access Stockbroker Research History >

ALK STOCK CHART

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