Alkane Resources Ltd [ASX:ALK] share price and news 2022

Company Description

Alkane Resources Ltd (ALK) is a gold production company with a multi-commodity exploration and development portfolio. It is the parent entity of the Alkane Group, which includes Tomingley Gold Operations. The Group’s projects and operations are primarily located in Central Western New South Wales in eastern Australia.

Alkane Resources Ltd belongs to Materials sector and under industry of Gold. You can get more information about this company via their website:

This a small cap company with market cap of 419 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 greater 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 25.7 1.53 1.46
Market 1.03 20.6 1.71 1.15
Sector 1.02 15.5 2.44 0.55

Dividend Growth Chart

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

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