Alkane Resources Limited

ALK

AU000000ALK9

Gold

Market Closed - Australian S.E. Other stock markets 02:10:44 2024-04-26 am EDT			5-day change	1st Jan Change
0.645 ^AUD	-1.53%		-3.01%	-1.53%

Apr. 24	Alkane Resources Posts AU$41.1 Million in Cash, Bullion, Listed Investments for March Quarter	MT
Apr. 22	Alkane Resources Commences Production Ore Extraction at Roswell	MT

Alkane Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023

February 20, 2024 at 03:13 am EST

Alkane Resources Limited reported earnings results for the half year ended December 31, 2023. For the half year, the company reported sales was AUD 89.06 million compared to AUD 93.47 million a year ago. Net income was AUD 12.43 million compared to AUD 24.69 million a year ago.

Basic earnings per share from continuing operations was AUD 0.0206 compared to AUD 0.0414 a year ago. Diluted earnings per share from continuing operations was AUD 0.0203 compared to AUD 0.0409 a year ago.

Latest news about Alkane Resources Limited

Alkane Resources Posts AU$41.1 Million in Cash, Bullion, Listed Investments for March Quarter	Apr. 24	MT
Alkane Resources Commences Production Ore Extraction at Roswell	Apr. 21	MT
Euroz Hartleys Adjusts Alkane Resources’ Price Target to AU$1.26 From AU$1.21, Keeps at Speculative Buy	Mar. 21	MT
Alkane Resources Hits High-Grade Gold at Northern Molong Project; Shares Rise 3%	Mar. 14	MT
Alkane Resources Revises Mineral Resource Base for Tomingley Gold Extension Project; Shares Down 3%	Feb. 26	MT
Alkane Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 20	CI
Alkane Resources Hits High-Grade Gold, Copper at New South Wales' Northern Molong Project; Shares Rise 3%	Feb. 12	MT
Alkane Resources Produces 13,000 Gold Ounces in Fiscal Q2 from Tomingley Operation	Jan. 15	MT
Alkane Resources Confirms Extensive Mineralization at New South Wales Deposit	Dec. 20	MT
Alkane Resources Updates Mineral Resource of Boda Prospect	Dec. 14	MT
Alkane Resources Plans to Complete Drilling in Northern Molong Project in 2024	Nov. 10	MT
Alkane Resources Hits Gold at Boda Project	23-10-03	MT
Alkane Resources Limited Reports Ore Reserves and Mineral Resources for the Tomingley Gold Project Which Includes the Tomingley Gold Operations	23-09-12	CI
Alkane Resources Hits Gold, Copper at Northern Molong Project	23-08-25	MT
Alkane Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-08-23	CI
Alkane Resources Extends Mineralization at Northern Molong Project	23-08-03	MT
Alkane Resources Hits Upgraded Fiscal 2023 Guidance for Tomingley Gold Operations	23-07-05	MT
Alkane Resources Unearths Gold at Northern Molong Project; Shares Fall 3%	23-06-12	MT
Alkane Resources Completes Acquisition of New South Wales Tenement Package	23-05-30	MT
Alkane Resources Limited completed the acquisition of Two tenement packages in New South Wales from Sandfire Resources Limited.	23-05-29	CI
Alkane Resources Limited Announces Further Results from Drilling Program At the Northern Molong Porphyry Project in Central New South Wales	23-03-27	CI
Alkane Resources Limited entered into an agreement to acquire Two tenement packages in New South Wales from Sandfire Resources Limited for AUD 1.8 million.	23-03-08	CI
Alkane Resources' Resource Estimate at New South Wales' Kaiser Deposit at 4.7 Million Gold Equivalent Ounces	23-02-26	MT
Alkane Resources Limited Announces the Initial Kaiser Resource Following Its Extensive Drilling Program At the Kaiser Prospect in Central New South Wales	23-02-26	CI
Alkane Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2022	23-02-22	CI

Chart Alkane Resources Limited

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Company Profile

Alkane Resources Limited is an Australia-based gold exploration, development and production company. The Companyâs projects and operations primarily located in central western New South Wales. The Company's projects include Tomingley Gold Project, which include Tomingley Gold Operations, Tomingley Gold Extension Project, and Peak Hill Gold Mine; Northern Molong Porphyry Project (NMPP), which includes Boda & Kaiser; and Other Projects, which includes other exploration Projects. The Tomingley Gold Project covers an area of approximately 440 square kilometers (km), stretching 60 km north-south along the Newell Highway in central-western New South Wales. The prospective belt extends from near the village of Tomingley in the north, through Peak Hill and almost to Parkes in the south. NMPP covers an area of approximately 115 square km, centered approximately 20 km north of Wellington and approximately 35 km east of Dubbo in central western New South Wales.

Sector

Gold

Calendar

2024-08-25 - Q4 2024 Earnings Release (Projected)

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Ratings for Alkane Resources Limited

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.645 AUD

Average target price

1 AUD

Spread / Average Target

+55.04%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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