Alkane Resources Limited (ALKEF)
Alkane Resources Limited operates in the Gold industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $1.15, up 2.68% on the session, giving a market capitalisation of $1.57B. On trailing twelve-month figures it carries a trailing P/E of 18.26, a net margin of 15.6%. Its beta of 1.52 implies it has historically moved more than the broad market.
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.
Alkane Resources Limited is most often compared with the following Basic Materials names: