ALKANE RESOURCES LIMITED (ALK)
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ALK - ALKANE RESOURCES LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Index: ALL-ORDS

Alkane Resources is an Australian gold producer and explorer. It has two operations in NSW. The company was founded and listed in 1969.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.83

23 Sep
2021

0.000

OPEN

$0.84

0.000

HIGH

$0.84

3,164,587

LOW

$0.79

TARGET
$1.30 56.6% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
ALK: 1
Title FY19
Actual
FY20
Actual
FY21
Forecast
FY22
Forecast
EPS (cps) xxx 2.3 6.4 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx - 49.3% 100.0% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 12.8 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx 0.0% 0.0% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2021 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx9.4
DPS All xxxxxxxxxxxxxxx5.0
Sales/Revenue xxxxxxxxxxxxxxx127.8 M
Book Value Per Share xxxxxxxxxxxxxxx32.2
Net Operating Cash Flow xxxxxxxxxxxxxxx71.1 M
Net Profit Margin xxxxxxxxxxxxxxx26.26 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Assets xxxxxxxxxxxxxxx11.90 %
Return on Equity xxxxxxxxxxxxxxx14.63 %
Return on Total Capital xxxxxxxxxxxxxxx21.57 %
Capex xxxxxxxxxxxxxxx86.1 M
Capex % of Sales xxxxxxxxxxxxxxx67.37 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx11.6 M

Return on Assets

Return on Equity

Return on Total Capital

Capex

Capex % of Sales

Free Cash Flow ex dividends

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EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

28/04/2021

1

Buy

$1.30

56.63%

March quarter production beat Ord Minnett's expectations. The broker, having initiated on the stock in January, continues to envisage potential for the company to transform into a mid-tier miner with multiple assets and producing 200,000 ounces per annum.

The Tomingley gold mine is expected to be rejuvenated by FY24. Gold production in the quarter of 16,000 ounces was sustained by a combination of high grades and an improvement in recoveries. Buy rating and $1.30 target retained.

FORECAST
Ord Minnett forecasts a full year FY21 dividend of 0.00 cents and EPS of 6.40 cents.
Ord Minnett forecasts a full year FY22 dividend of 0.00 cents and EPS of 5.40 cents.

ALK STOCK CHART