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StockVS

TSX · Gold · CAD

Alkane Resources Ltd (ALK.TO) Stock Analysis

Alkane Resources Ltd (ALK.TO) is a Gold stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

ALK.TO

CA$1.68

+CA$0.03 (+1.82%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ALK.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$1.68
Previous Close
CA$1.65
Day's Range
1.64–1.69
52-Week Range
0.80–2.03
Volume
218.44K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.53
Valuation
Market Cap
CA$2.30B
P/E Ratio
10.50
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
5.94
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.45
EPS (ttm)Profit attributable to each share over the last twelve months.
0.16
Financials (FY)
Revenue (FY)
CA$172.99M−9.20%
Net Income (FY)
CA$17.68M−58.36%
Profit marginThe share of revenue left as profit after all costs and taxes.
24.44%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
1.37B
1-Year Return
+80.65%
Dividend and dates
Dividend
CA$0.02+1.20%
Ex-Dividend Date
September 8, 2026
Earnings Date
October 23, 2026
Avg Volume
507.64K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, ALK.TO closed at CA$1.68, +80.65% over 1 year.

Alkane Resources Ltd (ALK.TO) has a market capitalization of CA$2.30B.

In fiscal 2024, ALK.TO reported revenue of CA$172.99M.

ALK.TO Stock Return by Calendar Year

Alkane Resources Ltd (ALK.TO) return since Aug 2025: what CA$10,000 became

1 year
CA$10,000 CA$18,065
+80.65%
Since Aug 2025
CA$10,000 CA$21,000
+110.00%

If you had invested CA$10,000 in Alkane Resources Ltd (ALK.TO) at the close on August 7, 2025, the earliest close on record here, it would have been worth CA$21,000 at the close on October 21, 2026: +110.00% in total, +85.13% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+40.00%
2025 (partial year)+50.00%

As of October 21, 2026.

ALK.TO Revenue and Earnings by Fiscal Year

FY ends June
Fiscal yearRevenueNet incomeNet margin
2024CA$172.99MCA$17.68M10.2%
2023CA$190.53MCA$42.45M22.3%
2022CA$165.01MCA$70.25M42.6%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2024CA$172.99MCA$70.09MCA$23.64MCA$17.68M10.2%
2023CA$190.53MCA$107.03MCA$58.82MCA$42.45M22.3%
2022CA$165.01MCA$97.48MCA$52.39MCA$70.25M42.6%

Annual figures as reported, in the company's reporting currency. As of June 30, 2024.

ALK.TO Valuation vs Gold Median

Median of 93 stocks
MetricALK.TOGold medianvs median
P/E10.5012.3215% below
P/S ratio2.454.5646% below
Profit margin24.44%31.40%7.0 pts below

Medians across 93 Gold stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The market values Alkane Resources Ltd (ALK.TO) at CA$2.30B. It is classified in the Gold industry, within the Basic Materials sector.

ALK.TO last closed at CA$1.68 on October 21, 2026. That is +CA$0.03 (+1.82%) against the previous close. Over the past 52 weeks the price has ranged from CA$0.80 to CA$2.03. The latest close sits 110% above that 52-week low.

Financial Health

Fiscal 2024 revenue came to CA$172.99M. That is −9.20% against the prior fiscal year, when revenue was CA$190.53M. The same year closed with net income of CA$17.68M. That is −58.36% against the prior fiscal year. The reported profit margin is 24.44%. That is 7 percentage points below the Gold median of 31.4%. Trailing earnings per share are 0.16.

Across the 3 fiscal years on file, revenue moves from CA$165.01M in 2022 to CA$172.99M in 2024. Of those 3 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 10.5. That is 14.74% below the Gold median of 12.32. The forward P/E on file is 5.94. The price-to-sales ratio is 2.45. On price-to-sales that is 46.21% below the Gold median of 4.56. The medians here are taken across 93 Gold companies that report the metric.

The trailing one-year total return is +80.65%. The reported beta is 1.53. Daily returns over the trailing 1 year annualize to a volatility of 51.61%.

Growth & Income

The trailing dividend yield is 1.2%. That is 0.1 percentage points above the Gold median yield of 1.05%. At the indicated rate that is CA$0.02 a share a year. The ex-dividend date on file is September 8, 2026.

So far in 2026 the total return is +40.00%.

Peer Comparison

Alkane Resources Ltd (ALK.TO) operates in the Gold industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Alkane Resources Ltd ALK.TO CA$2.30B 10.5
Newmont Corporation NEM $123.47B 14.8
Agnico Eagle Mines Limited AEM $94.87B 16.0
Barrick Mining Corporation ABX.TO CA$94.18B 10.7

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Gold industry average P/E ratio is 12.3x. Alkane Resources Ltd trades at a P/E of 10.5.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Alkane Resources Ltd

Alkane Resources Ltd operates as a gold exploration and production company in Australia. It primarily explores for gold, copper, nickel, zinc, and silver deposits. The company also invests in junior gold mining companies and projects. Alkane Resources Ltd was incorporated in 1969 and is headquartered in West Perth, Australia.

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