Alderan Resources Limited [ASX:AL8] share price and news 2022

Company Description

Alderan Resources Limited (AL8) deals in mineral exploration for gold and copper in Utah, USA. The Group was the first holder of the mineral rights over the entire Frisco Mineral Field. Currently Alderan is focuses on three deposits which are Cactus Canyon prospect, Accrington prospect and Horn zinc deposit.

Alderan Resources Limited belongs to Materials sector and under industry of Diversified Metals & Mining. You can get more information about this company via their website:

This a small cap company with market cap of 23 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 0 1.77 0
Market 0.85 22.3 1.99 0.84
Sector 1.02 15.5 2.44 0.55

Dividend Growth Chart

The following chart shows you how al8 dividend grows in the recent years.

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