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Alkane Resources is a gold business based in Australia. Alkane Resources shares (ALK) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Alkane Resources has a trailing 12-month revenue of around $139.5 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.73 - $1.31 |
|---|---|
| 50-day moving average | $1.0453 |
| 200-day moving average | $0.9477 |
| Target price | $1.4 |
| PE ratio | 6.84 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $0.125 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.725
| 1 week (2022-06-20) | -15.20% |
|---|---|
| 1 month (2022-05-27) | -30.62% |
| 3 months (2022-03-28) | -32.87% |
| 6 months (2021-12-24) | -21.20% |
| 1 year (2021-06-28) | -36.96% |
|---|---|
| 2 years (2020-06-26) | -40.82% |
| 3 years (2019-06-28) | 59.34% |
| 5 years (2017-06-27) | 202.08% |
Valuing Alkane Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alkane Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Alkane Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Alkane Resources shares trade at around 7x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Alkane Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $73.7 million (£0.0 million).
The EBITDA is a measure of a Alkane Resources's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $139.5 million |
|---|---|
| Operating margin TTM | 33.24% |
| Gross profit TTM | $61.3 million |
| Return on assets TTM | 10.69% |
| Return on equity TTM | 35.7% |
| Profit margin | 53.9% |
| Book value | 0.42 |
| Market capitalisation | $509.2 million |
TTM: trailing 12 months
We're not expecting Alkane Resources to pay a dividend over the next 12 months.
Alkane Resources's shares were split on 21 November 2007.
Over the last 12 months, Alkane Resources's shares have ranged in value from as little as $0.73 up to $1.31. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Alkane Resources's is 0.5873. This would suggest that Alkane Resources's shares are less volatile than average (for this exchange).
Alkane Resources Limited operates as a multi-commodity exploration and development company in Australia. It explores for gold, copper, zinc, titanium, nickel, cobalt, and rare earth elements. The company owns an interests in the Tomingley Gold project that consists of four gold deposits; and the Northern Molong Porphyry Project, which covers an area of 115 square kilometers located in the Central West of New South Wales. Its exploration projects comprise Boda and Kaiser, Cudal, Peak Hill, Wellington, Elsienora, Rockley, and other projects. The company also invests in junior gold mining companies and projects. Alkane Resources Limited was incorporated in 1969 and is headquartered in West Perth, Australia.
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