ALKANE RESOURCES LIMITED (ALK)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

ALK

ALK - ALKANE RESOURCES LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.64
Index: ASX300 | 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

$1.47

25 Mar
2026

0.110

OPEN

$1.39

8.09%

HIGH

$1.49

4,955,674

LOW

$1.39

TARGET
$2.025 37.8% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . AMI . ASL . AUC . AUE . AWJ . BC8 . BEZ . BGL . BNZ . BTR . CEL . CMM . CNB . CVV . CY5 . CYL . DPM . EMR . EVN . EVR . FFM . FFM . FXG . GG8 . GGP . GHM . GMD . GPR . HGO . HRZ . IGO . KAI . KCN . KGL . MAT . MAU . MEI . MEK . MM8 . MML . NEM . NMG . NST . NVA . OBM . ORE . PDI . PNR . PRU . RMS . RRL . RSG . RXL . RXR . SBM . SMI . SS1 . STM . STN . SVL . TBR . TCG . TOR . TRE . TTM . USL . VAU . WAF . WGX . WIA . WMX .
FNARENA'S MARKET CONSENSUS FORECASTS
ALK: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 5.5 20.3 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 7.1 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 © 2026 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

1.0

No. Of Recommendations

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

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

17/02/2026

1

Buy

$1.95

32.65%

Bell Potter highlights the main takeaway from Alkane Resources' 1H26 results was the notable improvement in both operational performance and financial metrics between 2Q26 and 1Q26, with the first full quarter of the consolidated Alkane/Mandalay Group.

Group production rose to 42.8koz from 30koz in the previous quarter and AISC declined to $2,739/oz from $2,988/oz in 1Q26.

Margins rose to 57% from 26% and 2Q26 earnings (EBITDA) came in at $147m from $38m in 1Q26. Overall the result was broadly in line with expectations and distorted by the Mandalay contribution.

Alkane maintains a hedge book with 46,150koz at $2,862/oz for delivery to June 2027.

The analyst lifts the FY26 EPS estimate by 2% with FY27 left unchanged while retaining a Buy rating and $1.95 target price.

FORECAST
Bell Potter forecasts a full year FY26 dividend of 0.00 cents and EPS of 18.40 cents.
Bell Potter forecasts a full year FY27 dividend of 0.00 cents and EPS of 25.80 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

19/02/2026

1

Buy

$2.20

49.66%

Alkane Resources' Dec Q/first half result was better at earnings and profit levels driven primarily by slightly lower cost of goods sold, which flowed through the result. Moelis made some material reductions to its cost outlook at the quarterly result.

Moelis reiterates its positive view on Alkane, flagging it as one of the broker's key investment ideas in the gold space. Alkane's $2.20 price target, up from $1.80, allows for circa 25% upside despite the strong reaction to the result (14% intraday).

Free cash flow yield is currently forecast at 20% in FY28, rising to 27% in the same year under spot prices. Buy retained.

FORECAST
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of 17.10 cents.
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 24.20 cents.
Access Extra Coverage Research History >

ALK STOCK CHART

FNArena News on ALK

1
Rudi’s View: Top Picks & Conviction Buys

Mar 19 2026 - Rudi's View
2
Australian Broker Call *Extra* Edition – Feb 19, 2026

Feb 19 2026 - Daily Market Reports
3
FNArena Corporate Results Monitor – 16-02-2026

Feb 16 2026 - Australia
4
Rudi’s View: Many February Uncertainties

Feb 04 2026 - Rudi's View
5
Weekly Ratings, Targets, Forecast Changes – 30-01-26

Feb 02 2026 - Weekly Reports

Latest Gold & Silver News

1
Gold’s Outlook No Longer Straightforward

Mar 19 2026 - Commodities
2
When Might Northern Star’s Woes End?

Mar 18 2026 - Commodities
3
Why Gold Beats Bitcoin & ASX Opportunities

Feb 04 2026 - Commodities
4
What In The Wild West Is Going On In Silver?

Jan 16 2026 - Commodities
5
Evolution Mining Ready To Trend High

Dec 02 2025 - Technicals
6
Genesis Minerals Ready To Resume Uptrend

Nov 11 2025 - Technicals
7
Thumbs Up For Ramelius’ Ambitious Plans

Nov 06 2025 - Commodities
8
Australian Broker Call *Extra* Edition – Oct 20, 2025

Oct 20 2025 - Daily Market Reports
9
Compelling Story Drives Pantoro Gold Rally

Oct 06 2025 - Commodities
10
Vault’s Cash Flow Potential ‘Under-Appreciated’

Sep 25 2025 - Commodities