profit from every A$100 of sales.

Alkane Resources
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
You pay A$142.98 for every A$1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Alkane Resources sold, what it kept, and what it did with the cash.
Sales went from A$128 million in 2021 to A$173 million in 2024, with A$17.7 million of profit last year.
Alkane Resources vs. similar companies
Alkane Resources grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
Alkane Resources | 143.0× · Very expensive | ||
Newmont | 18.4× · Fair price | ||
Zijin Mining Group | 14.6× · Cheap | ||
Agnico Eagle Mines | 22.8× · Fair price | ||
Barrick Mining | 13.9× · Cheap |
AI analysis
An AI analyst reads Alkane Resources's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 128 | 165 | 191 | 173 | |
| 83 | 97 | 107 | 70 | |
| 49 | 52 | 59 | 24 | |
| 72 | 137 | 98 | 63 | |
| 56 | 70 | 42 | 18 | |
| 0.09 | 0.12 | 0.07 | 0.03 | |
| 64.6% | 59.1% | 56.2% | 40.5% | |
| 38.5% | 31.7% | 30.9% | 13.7% | |
| 43.6% | 42.6% | 22.3% | 10.2% |
Balance sheet
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 236 | 356 | 412 | 465 |
| Cash | 19 | 78 | 80 | 46 |
| Total debt | 9 | 15 | 14 | 49 |
| Total liabilities | 45 | 87 | 112 | 155 |
| 192 | 269 | 300 | 309 | |
| 600 | 604 | 606 | 612 | |
| 17.7% | 25.2% | 13.8% | 5.2% | |
| 29.1% | 26.1% | 14.2% | 5.7% |
Cash flow
| In millions of AUD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| – | – | – | – | |
| 86 | 84 | 92 | 135 | |
| -15 | 3 | 4 | -83 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 0 | 0 | |
| – | – | – | – |
Valuation
- 143.0×
- –
- –
- 6.1×
- 14.6×
- –
- 40.2×
- -3.3%
- 0.7%
- –
Profitability
- 40.5%
- 13.7%
- 10.2%
- –
- 5.2%
- 15.5%
- –
- –
- –
- –
Growth
- +10.6%
- −32.2%
- –
- –
- +0.6%
Financial health
- 0.1×
- 0.16
- –
- 11.4×
- 1.38
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
Alkane Resources Ltd reports Q1 resultsSeeking Alpha · Oct 23, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Alkane Resources
Is Alkane Resources a good stock to buy?
A solid business, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Alkane Resources AI analysis
What does Alkane Resources do?
Alkane Resources Ltd operates as a gold exploration and production company in Australia. It explores for gold, copper, nickel, zinc, and silver deposits. The company also invests in junior gold mining companies and projects. It is in Gold, based in West Perth, WA, Australia.
Is Alkane Resources stock halal?
Yes. Alkane Resources passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
How has Alkane Resources stock done over the past year?
Up 81.4% over the past twelve months, to A$1.85. It traded between A$0.90 and A$2.00 and is 7.3% below its high.
Who are Alkane Resources's competitors?
The largest listed companies in the same industry are Newmont, Zijin Mining Group, Agnico Eagle Mines and Barrick Mining. The peers table on this page compares their profit, growth and price with Alkane Resources's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



