ALKANE RESOURCES LIMITED (ALK)
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ALK

ALK - ALKANE RESOURCES LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.64
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

$1.13

01 Sep
2025

0.080

OPEN

$1.08

7.62%

HIGH

$1.13

7,341,682

LOW

$1.07

TARGET
$1.20 6.2% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
ALK: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 5.5 17.3 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx 86.3% 100.0% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 6.6 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 © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx5.5
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx262.4 M
Book Value Per Share xxxxxxxxxxxxxxx57.1
Net Operating Cash Flow xxxxxxxxxxxxxxx72.0 M
Net Profit Margin xxxxxxxxxxxxxxx12.59 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx10.09 %
Return on Invested Capital xxxxxxxxxxxxxxx9.26 %
Return on Assets xxxxxxxxxxxxxxx6.45 %
Return on Equity xxxxxxxxxxxxxxx10.09 %
Return on Total Capital xxxxxxxxxxxxxxx10.66 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx13.9 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx33 M
Long Term Debt xxxxxxxxxxxxxxx26 M
Total Debt xxxxxxxxxxxxxxx59 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx48 M
Price To Book Value xxxxxxxxxxxxxxx1.25

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx75.6 M
Capex % of Sales xxxxxxxxxxxxxxx28.81 %
Cost of Goods Sold xxxxxxxxxxxxxxx211 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx11 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx8 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

0.8

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Bell Potter

21/05/2025

1

Buy

$1.40

23.89%

Alkane Resources and Mandalay Resources have proposed a merger plan that will result in a 55:45 Mandalay/Alkane Resources split in the combined entity.

Bell Potter believes the merger is positive for the company, increasing its production base to multi-asset from a single one, ownership of a processing plant in Victoria, improved net debt position, and significant dilution of the gold hedge book.

The transaction is expected to close in 3Q2025.

The broker's target price is unchanged at $1.40 and is based on the pre-merger valuation. Buy retained.

FORECAST
Bell Potter forecasts a full year FY26 dividend of 0.00 cents and EPS of 18.70 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Petra Capital

12/03/2025

1

Buy

$1.30

15.04%

Petra Capital raised its forecast for the gold price by 11% to US$2,580/oz for 2025-2029, and by 15% to US$2,300 post-2029 on expectations of continued demand for gold for risk diversification and as a currency alternative to the US dollar. 

This resulted in an upgrade to earnings and valuations for gold stocks under coverage. The broker remains overweight on the sector.

Target price for Alkane Resources rises to $1.30 from $1.04. Buy retained.

FORECAST
Petra Capital forecasts a full year FY26 dividend of 0.00 cents and EPS of 13.10 cents.
Access Extra Coverage Research History >

ALK STOCK CHART

FNArena News on ALK

1
Australian Broker Call *Extra* Edition – Sep 01, 2025

Sep 01 2025 - Daily Market Reports
2
Weekly Ratings, Targets, Forecast Changes – 29-08-25

Sep 01 2025 - Weekly Reports
3
FNArena Corporate Results Monitor – 25-08-2025

Aug 25 2025 - Australia
4
Australian Broker Call *Extra* Edition – Aug 18, 2025

Aug 18 2025 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Jul 31, 2025

Jul 31 2025 - Daily Market Reports

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