Alkane Resources Limited

ALK

AU000000ALK9

Gold

Market Closed - Australian S.E. Other stock markets 07:10:36 13/05/2024 BST			5-day change	1st Jan Change
0.585 ^AUD	-2.50%		+1.74%	-10.69%

04-29	Euroz Hartleys Adjusts Alkane Resources’ Price Target to AU$1.11 From AU$1.21, Keeps at Speculative Buy	MT
04-24	Alkane Resources Posts AU$41.1 Million in Cash, Bullion, Listed Investments for March Quarter	MT

Alkane Resources Limited completed the acquisition of Two tenement packages in New South Wales from Sandfire Resources Limited.

May 29, 2023

Alkane Resources Limited (ASX:ALK) entered into an agreement to acquire Two tenement packages in New South Wales from Sandfire Resources Limited (ASX:SFR) for AUD 1.8 million on March 9, 2023. The transaction is subject to Completion of Due diligence investigation.

Alkane Resources Limited (ASX:ALK) completed the acquisition of Two tenement packages in New South Wales from Sandfire Resources Limited (ASX:SFR) on May 30, 2023. The NSW Minister for Finance and Natural Resources has subsequently approved the transfer of title on May 24, 2023.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SANDFIRE RESOURCES LIMITED	9.79 AUD	+0.20%	+4.15%	2.95B
	ALKANE RESOURCES LIMITED	0.585 AUD	-2.50%	+1.74%	239M

Latest news about Alkane Resources Limited

Euroz Hartleys Adjusts Alkane Resources’ Price Target to AU$1.11 From AU$1.21, Keeps at Speculative Buy	04-29	MT
Alkane Resources Posts AU$41.1 Million in Cash, Bullion, Listed Investments for March Quarter	04-24	MT
Alkane Resources Commences Production Ore Extraction at Roswell	04-22	MT
Euroz Hartleys Adjusts Alkane Resources’ Price Target to AU$1.26 From AU$1.21, Keeps at Speculative Buy	03-21	MT
Alkane Resources Hits High-Grade Gold at Northern Molong Project; Shares Rise 3%	03-15	MT
Alkane Resources Revises Mineral Resource Base for Tomingley Gold Extension Project; Shares Down 3%	02-27	MT
Alkane Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	02-20	CI
Alkane Resources Hits High-Grade Gold, Copper at New South Wales' Northern Molong Project; Shares Rise 3%	02-12	MT
Alkane Resources Produces 13,000 Gold Ounces in Fiscal Q2 from Tomingley Operation	01-15	MT
Alkane Resources Confirms Extensive Mineralization at New South Wales Deposit	12-20	MT
Alkane Resources Updates Mineral Resource of Boda Prospect	12-14	MT
Alkane Resources Plans to Complete Drilling in Northern Molong Project in 2024	11-10	MT
Alkane Resources Hits Gold at Boda Project	03/10/23	MT
Alkane Resources Limited Reports Ore Reserves and Mineral Resources for the Tomingley Gold Project Which Includes the Tomingley Gold Operations	13/09/23	CI
Alkane Resources Hits Gold, Copper at Northern Molong Project	25/08/23	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	04/08/23	MT
Alkane Resources Hits Upgraded Fiscal 2023 Guidance for Tomingley Gold Operations	05/07/23	MT
Alkane Resources Unearths Gold at Northern Molong Project; Shares Fall 3%	13/06/23	MT
Alkane Resources Completes Acquisition of New South Wales Tenement Package	30/05/23	MT
Alkane Resources Limited completed the acquisition of Two tenement packages in New South Wales from Sandfire Resources Limited.	29/05/23	CI
Alkane Resources Limited Announces Further Results from Drilling Program At the Northern Molong Porphyry Project in Central New South Wales	27/03/23	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.	08/03/23	CI
Alkane Resources' Resource Estimate at New South Wales' Kaiser Deposit at 4.7 Million Gold Equivalent Ounces	27/02/23	MT
Alkane Resources Limited Announces the Initial Kaiser Resource Following Its Extensive Drilling Program At the Kaiser Prospect in Central New South Wales	26/02/23	CI

Chart Alkane Resources Limited

Duration

Period

More charts

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

15/05/2024 - Proactive Investor Forum

More about the company

Income Statement Evolution

More financial data

Ratings for Alkane Resources Limited

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.585 AUD

Average target price

0.95 AUD

Spread / Average Target

+62.39%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Gold Mining

	1st Jan change	Capi.
ALKANE RESOURCES LIMITED	-10.69%	239M
NEWMONT CORPORATION	+2.59%	49B
AGNICO EAGLE MINES LIMITED	+23.52%	34.09B
BARRICK GOLD CORPORATION	-3.30%	29.74B
WHEATON PRECIOUS METALS CORP.	+14.09%	24.92B
NORTHERN STAR RESOURCES LIMITED	+8.06%	11.13B
ANGLOGOLD ASHANTI PLC	+29.91%	10.17B
KINROSS GOLD CORPORATION	+29.30%	9.34B
POLYUS	-.--%	8.57B
ROYAL GOLD, INC.	+4.54%	8.36B

Gold Mining