Alkane Resources Ltd (ASX: ALK) Share Price and News

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Alkane Resources Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $461.58 million
P/E Ratio 14.04
Dividend Yield N/A
Shares Outstanding 595.58 million
Earnings per share 0.056
Dividend per share N/A
Year To Date Return -17.80%
Earnings Yield 7.12%
Franking N/A
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as at 24 Feb 3:44pm

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Alkane Resources Ltd (ASX: ALK)
Latest News

ALK ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Alkane Resources Ltd

Alkane Resources Ltd operates as a mining and exploration company. The firm primarily engages in gold, copper, zirconium, hafnium, niobium, and rare earth elements. Its various projects and operations are spread across Eastern Australia. The projects include Dubbo Project, Tomingley Gold Operations, and Toongi Pastoral company. The firm operates in two operating segments: gold operations and the exploration, evaluation, and development of rare metals. It generates all of itsrevenue from the Gold Operations segment.

ALK Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
06 Dec 2021 $0.78 $-0.01 -1.27% 404,614 $0.78 $0.80 $0.78
03 Dec 2021 $0.79 $0.03 3.95% 967,874 $0.77 $0.80 $0.77
02 Dec 2021 $0.76 $-0.04 -5.00% 1,315,468 $0.80 $0.82 $0.76
01 Dec 2021 $0.80 $-0.01 -1.24% 1,121,451 $0.81 $0.82 $0.78
30 Nov 2021 $0.81 $-0.01 -1.23% 1,838,654 $0.83 $0.84 $0.81
29 Nov 2021 $0.81 $-0.01 -1.21% 634,389 $0.82 $0.84 $0.81
26 Nov 2021 $0.83 $-0.01 -1.20% 453,862 $0.84 $0.84 $0.82
25 Nov 2021 $0.84 $0.00 0.00% 1,882,563 $0.84 $0.86 $0.83
24 Nov 2021 $0.84 $-0.02 -2.35% 758,539 $0.85 $0.85 $0.83
23 Nov 2021 $0.85 $-0.03 -3.43% 838,036 $0.87 $0.87 $0.85
22 Nov 2021 $0.88 $-0.04 -4.37% 1,227,108 $0.95 $0.95 $0.88
19 Nov 2021 $0.92 $-0.03 -3.16% 411,872 $0.95 $0.95 $0.92
18 Nov 2021 $0.95 $0.04 4.40% 2,343,258 $0.92 $0.96 $0.91
17 Nov 2021 $0.91 $-0.03 -3.21% 698,400 $0.92 $0.93 $0.90
16 Nov 2021 $0.94 $0.00 0.00% 604,229 $0.94 $0.95 $0.92
15 Nov 2021 $0.94 $0.02 2.17% 1,340,429 $0.91 $0.96 $0.91
12 Nov 2021 $0.92 $-0.02 -2.13% 869,373 $0.94 $0.94 $0.92
11 Nov 2021 $0.94 $0.00 0.00% 1,840,225 $0.92 $0.96 $0.92
10 Nov 2021 $0.94 $0.01 1.08% 1,087,701 $0.94 $0.96 $0.92
09 Nov 2021 $0.93 $0.02 2.19% 698,648 $0.92 $0.94 $0.92
08 Nov 2021 $0.92 $0.03 3.39% 562,052 $0.90 $0.92 $0.90

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
19 Nov 2021 David Chalmers Issued 261 $239,402
Issue of securities. 635,169 - Performance Rights
19 Nov 2021 Nicholas (Nic) Earner Issued 1 $923,845
Issue of securities. 3,319,265 - Performance Rights
17 Nov 2021 Nicholas (Nic) Earner Transfer 3 $3,301,021
Off-market transfer.
17 Nov 2021 Nicholas (Nic) Earner Transfer 3 $3,301,021
Off-market transfer.
03 May 2021 Ian Gandel Buy 3 $2,920,940
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr David Ian Chalmers Technical Director Oct 2006
Mr Chalmers is Technical Director of Alkane Resources Ltd. He has worked in the mining and exploration industry for over 50 years, during which time he has had experience in all facets of exploration and mining through feasibility and development to the production phase. Mr Chalmers was Technical Director of Alkane until his appointment as Managing Director in 2006, overseeing the Group's minerals exploration efforts across Australia and the development and operations of the Peak Hill Gold Mine (NSW). During his time as Chief Executive he steered Alkane through the discovery, feasibility, construction and development of the now fully operational Tomingley Gold Operations; the discovery and ultimate sale of the McPhillamys gold deposit; the recent discovery of the gold deposits immediately south of Tomingley; and the porphyry gold-copper discovery at Boda. Mr Chalmers also managed the process development and global marketing effort for the Dubbo Project, advancing it to the threshold of development.
Mr Ian Jeffrey Gandel Non-Executive DirectorNon-Executive Chairman Jul 2006
Mr Gandel is a Melbourne-based businessman with experience in retail management and retail property. He has been a director of the Gandel Retail Trust and has had an involvement in the construction and leasing of Gandel shopping centres. He has previously been involved in the Priceline retail chain and the CEO chain of serviced offices. Mr Gandel has been an investor in the mining industry since 1994. Mr Gandel is currently a substantial holder in a number of publicly listed Australian companies and, through his private investment vehicles, now holds and explores tenements in his own right in Western Australia. Mr Gandel is currently non-executive chairman of Alliance Resources Ltd (appointed as a director on 15 October 2003 and in June 2016 was appointed non-executive chairman).
Mr Anthony (Tony) Dean Lethlean Non-Executive Director May 2002
Mr Lethlean is a geologist with over 10 years mining experience, including four years underground on the Golden Mile in Kalgoorlie. In later years, he has worked as a resource analyst with various stockbrokers and investment banks including CIBC World Markets. He was a founding director of Helmsec Global Capital Limited, which seeded, listed and funded a number of companies in a range of commodities. He retired from the Helmsec group in 2014. He is also a director of corporate advisory Rawson Lewis and a non-executive director of Alliance Resources Ltd (appointed 15 October 2003). He is chair of Risk Committee.
Mr Gavin Murray Smith Non-Executive Director Nov 2017
Mr Smith is an accomplished senior executive and non-executive director within multinational business environments. He has more than 35 years' experience in information technology, business development, and general management in a wide range of industries and sectors. Mr Smith has worked for the Bosch group for the past 29 years in Australia and Germany, and is current chair and president of Robert Bosch Australia. In this role Mr Smith has led the restructuring and transformation of the local Bosch subsidiary. Concurrent with this role, he is a non-executive director of the various Bosch subsidiaries, joint ventures, and direct investment companies in Australia and New Zealand. In addition, Mr Smith is the chair of the Internet of Things Alliance Australia (IoTAA), the peak body for organisations with an interest in the IoT. He is member of Risk Committee.
Mr Nicholas (Nic) Paul Earner Managing Director Sep 2017
Mr Earner have 25 years experience in technical and operational optimisation and management, and has held a number of executive roles in mining and processing. Mr Earner joined Alkane Resources Ltd as Chief Operations Officer in August 2013, with responsibility for the safe and efficient management of the Company's operations at Tomingley Gold Operations (TGO) and Dubbo (Dubbo Project). Prior to his appointment as the Group's Chief Operations Officer in August 2013, he had roles at Straits Resources Ltd, Rio Tinto Coal Australia's Mount Thorley Warkworth coal mine, and BHP/WMC Olympic Dam copper-uranium-gold operations. Mr Earner is currently a non-executive director of Genesis Minerals Limited (appointed 24 October 2019) and Australian Strategic Materials Limited (appointed 1 September 2017).
Mr Dennis William Wilkins Company Secretary Mar 2018
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Mr James Carter Chief Financial OfficerJoint Company Secretary May 2020
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James Carter Chief Financial OfficerJoint Company Secretary
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Dennis William Wilkins Company Secretary
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S Parsons Executive General Manager - Operations
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
IJ Gandel 142,692,506 23.95%
HSBC Custody Nominees (Australia) Limited 64,482,077 10.83%
Chapelgreen Pty Ltd <Chapelgreen A/C> 40,700,000 6.84%
Citicorp Nominees Pty Limited 37,999,186 6.38%
J P Morgan Nominees Australia Pty Limited 20,920,496 3.51%
Fyvie Pty Ltd <Uthmeyer Family No 2 A/C> 6,650,000 1.12%
Leefab Pty Ltd 5,238,258 0.88%
BNP Paribas Nominees Pty Ltd Acf Clearstream 4,779,962 0.80%
BNP Paribas Nominees Pty Ltd Six Sis Ltd <Drp A/C> 4,549,021 0.76%
BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient Drp> 4,211,958 0.71%
Nicholas Earner 3,627,496 0.61%
Garrett Smythe Ltd 3,385,125 0.57%
Home Ideas Show Pty Ltd <Ub Promotions S P Fund A/C> 3,050,000 0.51%
Auburnvalley Pty Ltd <The Auburnvalley A/C> 2,900,000 0.49%
Lilycreek Pty Ltd <The Lilycreek A/C> 2,900,000 0.49%
Magnabay Pty Ltd <The Magnabay A/C> 2,900,000 0.49%
S Maas Holdings Pty Limited <Shawn Maas Family A/C> 2,776,232 0.47%
Ms Jillanne Homewood 2,210,636 0.37%
Berne No 132 Nominees Pty Ltd <152417 A/C> 2,207,000 0.37%
BNP Paribas Noms Pty Ltd <Drp> 2,057,980 0.35%

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