Alkane Resources Ltd ALK

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ALK is trading at a 356% premium.
Price
A$0.43
Fair Value
A$7.55
Uncertainty
Very High
1-Star Price
A$9.20
5-Star Price
A$2.89
Economic Moat
Cvcjg
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
8.74
Price/Sales
1.57
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Alkane Resources Ltd owns and operates Tomingley Gold Operations, an open pit and underground gold mining development, located 50km southwest of Dubbo. It also holds several prospective gold and copper tenements in Central West NSW, including the Boda deposit 20km north of Wellington. The initial Boda and Kaiser resource estimates suggest a genuine prospect for a large-tonnage gold-copper development.
Sector
Basic Materials
Industry
Gold
Stock Style Box
Small Core
Total Number of Employees
134

Comparables

Valuation

Metric
ALK
OBM
SXG
Price/Earnings (Normalized)
8.7448.75
Price/Book Value
0.8712.0915.52
Price/Sales
1.575.52
Price/Cash Flow
5.15
Price/Earnings
ALK
OBM
SXG

Financial Strength

Metric
ALK
OBM
SXG
Quick Ratio
1.660.319.32
Current Ratio
2.130.699.32
Interest Coverage
28.72
Quick Ratio
ALK
OBM
SXG

Profitability

Metric
ALK
OBM
SXG
Return on Assets (Normalized)
7.62%
Return on Equity (Normalized)
10.24%
Return on Invested Capital (Normalized)
9.36%
Return on Assets
ALK
OBM
SXG

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Morningstar Rating for Stocks
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WPM
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