Alkane Resources Ltd operates as a gold exploration and production company in Australia. It primarily explores for gold, copper, nickel, zinc, and silver deposits. The company also invests in junior gold mining companies and projects. Alkane Resources Ltd was incorporated in 1969 and is headquartered in West Perth, Australia.
Research context
Alkane Resources Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Gold
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
Alkane Resources Limited is currently in a long term uptrend where the price is trading 28.8% above its 200 day moving average.
From a valuation standpoint, the stock is 99.4% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 4.1.
Alkane Resources Limited's total revenue rose by 91.4% to $65M since the same quarter in the previous year.
Its net income has increased by 417.4% to $39M since the same quarter in the previous year.
Finally, its free cash flow grew by 86.5% to $-3M since the same quarter in the previous year.
Based on the above factors, Alkane Resources Limited gets an overall score of 5/5.