Alkane Resources Limited (ALKEF) Stock

About Alkane Resources Limited

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 headquartered in AU.

Alkane Resources Limited (ALKEF) stock trades at $0.97 with a market capitalization of $1.32B. The stock is valued at a price-to-earnings (P/E) ratio of 15.76, price-to-book of 1.70, price-to-sales of 3.40. Over the past 52 weeks the stock has ranged between $0.45 and $1.35, and currently trades 28.1% below its 52-week high.

On profitability, Alkane Resources Limited generates a return on equity (ROE) of 12.77%, above the typical market average, return on capital employed of 11.35%, an operating margin of 24.43%, a net profit margin of 15.56%.

Official website: www.alkane.com.au