Alkane Resources Limited (ALKEF) Research

Alkane Resources Limited is an Australian company primarily engaged in gold production. The firm also undertakes exploration for various mineral deposits, including gold, copper, nickel, zinc, and silver. Its key assets encompass significant interests in the Tomingley Gold project, which features four distinct gold deposits, alongside the Northern Molong Porphyry Project, an extensive 115-square-kilometer site situated in the Central West region of New South Wales. The company's diverse exploration portfolio includes projects such as Boda and Kaiser, Cudal, Peak Hill, Elsienora, Rockley, Armstrongs, Trangie, and Mt Conqueror. Additionally, Alkane Resources invests in junior gold mining enterprises and their associated ventures. Established in 1969, the company's corporate headquarters are located in West Perth, Australia.

Market snapshot

Symbol
ALKEF
Price
$1.11
Day change
-0.90%
Market cap
$2.2B
P/E ratio
29.32x
52-week range
0.43-1.35
Sector
Basic Materials
Industry
Gold
Next earnings
in 3 days

Recent news

  • Alkane begins drilling at Nagambie antimony-gold project in Victoria

    Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has commenced diamond drilling at the Nagambie Antimony-Gold Project in Victoria, according to a market update...

  • Alkane Resources posts record $93 million quarterly profit as expanded mine portfolio lifts production

    Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has delivered a record quarterly profit of $93 million for the March 2026 quarter, driven by strong gold and...

  • UBS warns AI stocks are overheating as growth expectations collide with history

    UBS said the April rally in US equities was a 2.8 standard deviation event over the past 25 years, while its own crowding data shows mega-cap tech stocks...

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