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ALK · ASX

Alkane Resources Ltd (ASX:ALK)

AU$0.63

 -0.005 (-0.787%)
ASX:Live
21/05/2024 02:28:02 PM
Recent Earnings upgrade HALO Ords GROWTH AUS Fakey Shakey - Short EMA 125 Breakup +3
Consensus Score
/10
Recommend
Target Price
Deviation
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ALK Overview

ALK Health Scores

Short Term

Mean Revision

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Neutral

Growth

Earnings

Very Strong

Dividends

Very Strong

Quality

Capital Efficiency

Weak

Balance Sheet

Weak

About ALK

Telephone

Address

Description

Alkane Resources Ltd. is an Australian gold production and exploration company which mainly focuses on exploration and mining of gold, copper, zirconium, niobium and rare earths. Its major projects include Tomingley and Bodangora (Boda-Kaiser resource) in New South Wales. The firm produces and develops zirconium-hafnium, niobium-tantalum, yttrium-rare earths, gold, silver and copper deposits. Alkane Resources was founded on May 13, 1969 and is headquartered in West Perth, Australia.

ALK Price Chart

Key Stats

Market Cap

AU$374.16M

PE

8.30

EV/EBITDA

3.3

Dividends Overview

DIV Yield

.0%

Franking

N/A

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 0.46 - 0.82

Trade Value (12mth)

AU$144,082.00

1 week

6.72%

1 month

-4.51%

YTD

-3.79%

1 year

-20.13%

All time high

2.592560052871704

Key Fundamentals

EPS 3 yr Growth

204.700%

EBITDA Margin

50.10%

Operating Cashflow

$96m

Free Cash Flow Return

32.70%

ROIC

14.50%

Interest Coverage

156.40

Quick Ratio

2.00

Other Data

Shares on Issue (Fully Dilluted)

612m

HALO Sector

Next Company Report Date

26-Aug-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.40

ALK Announcements

Latest Announcements

Date Announcements

17 May 24

Tomingley Debt Restructured

×

Tomingley Debt Restructured

14 May 24

Application for quotation of securities - ALK

×

Application for quotation of securities - ALK

14 May 24

Section 708A Notice

×

Section 708A Notice

07 May 24

RIU Sydney Resources Round-Up

×

RIU Sydney Resources Round-Up

29 April 24

Revised Kaiser Resource Est Improves Confidence and Grade

×

Revised Kaiser Resource Est Improves Confidence and Grade

24 April 24

Quarterly Activities Report

×

Quarterly Activities Report

22 April 24

Production Ore Extraction Commences at Roswell

×

Production Ore Extraction Commences at Roswell

09 April 24

Gold Forum Europe 2024

×

Gold Forum Europe 2024

15 March 24

Kaiser Resource Drilling Records Highest Gold Grade Interval

×

Kaiser Resource Drilling Records Highest Gold Grade Interval

27 February 24

Tomingley Gold Extension Project Reserves Lift to 664,000oz

×

Tomingley Gold Extension Project Reserves Lift to 664,000oz

20 February 24

Half Yearly Report and Accounts

×

Half Yearly Report and Accounts

15 February 24

Bell Potter Unearthed Presentation

×

Bell Potter Unearthed Presentation

12 February 24

Kaiser Resource Drilling Includes High Grades Near Surface

×

Kaiser Resource Drilling Includes High Grades Near Surface

17 January 24

Director Share Sale, Appendix 3Y and ASIC Form 604

×

Director Share Sale, Appendix 3Y and ASIC Form 604

15 January 24

Quarterly Activities Report

×

Quarterly Activities Report

20 December 23

Kaiser Drilling Update Confirms Extensive Mineralisation

×

Kaiser Drilling Update Confirms Extensive Mineralisation

14 December 23

Boda Resource Update Increases Gold and Copper Grades

×

Boda Resource Update Increases Gold and Copper Grades

28 November 23

Application for quotation of securities - ALK

×

Application for quotation of securities - ALK

28 November 23

Notification regarding unquoted securities - ALK

×

Notification regarding unquoted securities - ALK

28 November 23

Section 708A Notice

×

Section 708A Notice

28 November 23

Change of Director's Interest Notice x 2

×

Change of Director's Interest Notice x 2

21 November 23

2023 AGM - Managing Director's Presentation

×

2023 AGM - Managing Director's Presentation

21 November 23

Results of Meeting

×

Results of Meeting

14 November 23

Boda and Kaiser Met Testwork Delivers Strong Recoveries

×

Boda and Kaiser Met Testwork Delivers Strong Recoveries

09 November 23

Kaiser Infill Drilling Results

×

Kaiser Infill Drilling Results

ALK Fundamentals

Per Share Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.09 0.12 0.07 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.09 0.12 0.07 Lock Lock Lock
     Growth % Lock Lock Lock Lock 302.1 25.9 -39.8 Lock Lock Lock
     PE X Lock Lock Lock Lock 21.5 16.2 8.3 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 9.6 6.1 3.3 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.12 0.15 0.17 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.02 0.07 0.10 Lock Lock Lock
     Growth % Lock Lock Lock Lock 120.5 23.3 10.7 Lock Lock Lock
     Yield % Lock Lock Lock Lock 1.7 11.7 14.5 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.32 0.45 0.50 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.32 0.45 0.50 Lock Lock Lock
     Growth % Lock Lock Lock Lock -30.2 40.3 10.5 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 600 604 606 Lock Lock Lock
Basic m Lock Lock Lock Lock 595 596 598 Lock Lock Lock

Financial Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 128 165 191 Lock Lock Lock
     Growth % Lock Lock Lock Lock 76.2 29.1 15.5 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 7 5 6 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 57 57 64 Lock Lock Lock
     Growth % Lock Lock Lock Lock 104.6 -0.1 12.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock 44.9 34.7 33.8 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 55 65 66 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 73 88 95 Lock Lock Lock
     Growth % Lock Lock Lock Lock 145.4 20.6 9.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 56.7 53.0 50.1 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 21 35 37 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 51 52 59 Lock Lock Lock
     Growth % Lock Lock Lock Lock 152.5 2.1 12.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 40.1 31.7 30.9 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 49 100 61 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 15 30 18 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 56 70 42 Lock Lock Lock
     Growth % Lock Lock Lock Lock 336.5 26.1 -39.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 43.6 42.6 22.3 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 71 86 96 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 86 84 92 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -103 -33 -91 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 2 6 -2 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 12 44 62 Lock Lock Lock
     Growth % Lock Lock Lock Lock 164.5 277.1 40.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.1 0.3 0.3 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 19 78 80 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 236 368 426 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 6 9 6 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -10 -63 -67 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 45 99 126 Lock Lock Lock
Equity $m Lock Lock Lock Lock 192 269 300 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 197 278 306 Lock Lock Lock
     Growth % Lock Lock Lock Lock -27.4 40.8 10.1 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 23.6 19.1 10.0 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 29.1 26.1 14.2 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 21.6 21.6 19.7 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 14.3 29.5 14.5 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 30.3 36.4 32.7 Lock Lock Lock

Ratios Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock 83.4 96.3 156.4 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock -0.1 -0.7 -0.7 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -5.1 -23.4 -22.2 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 1.8 3.9 2.5 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.2 3.2 2.0 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 57.5 79.3 74.8 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 391.2 341.8 218.6 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 86.7 154.9 115.5 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 7.3 7.3 6.3 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 8.6 2.3 3.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 2.2 0.7 2.9 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.5 0.4 0.4 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.5 0.4 0.4 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 38.3 60.9 31.8 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 20.7 27.3 14.2 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 29.6 30.1 29.9 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 23.6 19.1 10.0 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.2 1.4 1.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 29.1 26.1 14.2 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 29.1 26.1 14.2 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 50.0 50.2 57.7 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 4.2 2.4 3.2 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 54.2 52.5 60.9 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 18.0 6.2 9.4 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 36.2 46.3 51.4 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

.0%

Franking Level

N/A

DPSg

%

Quality Yield

Lock

Falling Divs over next 2

Lock

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.40%

Value ($M)

1

Prior Change

N/A

7 Day Change

N/A

1 Month Change

0.10%

3 Month Change

0.20%

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Frequently Asked Questions

The current share price of Alkane Resources Ltd (ALK:ASX) is AU$0.63.
The 52-week high share price for Alkane Resources Ltd (ALK:ASX) is AU$0.82.
The 52-week low share price for Alkane Resources Ltd (ALK:ASX)? is AU$0.46.
The current TTM dividend payout for Alkane Resources Ltd (ALK:ASX) is 0.00.
Alkane Resources Ltd (ALK:ASX) does not pay a dividend.
Alkane Resources Ltd (ALK:ASX) has a franking level of 0.0%.
Alkane Resources Ltd (ALK:ASX) is classified in the Mining.
The current P/E ratio for Alkane Resources Ltd (ALK:ASX) is 8.30.