Alkane Resources Limited

Alkane Resources Limitedverified

ALKEF

Price:

$0.31

Market Cap:

$288.41M

Alkane Resources Limited operates as a gold production company in Australia. It explores for gold, copper, nickel, zinc, and silver deposits. The company holds various interests in the Tomingley Gold project that consists of four gold deposits; and the Northern Molong Porphyry Project, which covers an area of 115 square kilometers located in the Central West of New South Wales. Its exploration projects comprise Boda and Kaiser, Cudal, Peak Hill, Elsienora, Rockley, Armstrongs, Trangie, and Mt Conqueror projects. The company also invests in junior gold mining companies and projects. Alkane Resources Limited was incorporated in 1969 and is headquartered in West Perth, Australia.[Read more]

Industry

Gold

IPO Date

2007-02-13

Stock Exchange

PNK

Ticker

ALKEF

The Current Ratio as of November 2024 (TTM) for Alkane Resources Limited (ALKEF) is 1.38

According to Alkane Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.38. This represents a change of -32.01% compared to the average of 2.02 of the last 4 quarters.

Alkane Resources Limited (ALKEF) Historical Current Ratio (quarterly & annually)

How has ALKEF Current Ratio performed in the past?

The mean historical Current Ratio of Alkane Resources Limited over the last ten years is 3.30. The current 1.38 Current Ratio has changed 4.07% with respect to the historical average. Over the past ten years (40 quarters), ALKEF's Current Ratio was at its highest in in the September 2019 quarter at 8.57. The Current Ratio was at its lowest in in the June 2024 quarter at 1.38.

Quarterly (TTM)
Annual

Average

3.30

Median

3.10

Minimum

1.38

Maximum

6.15

Alkane Resources Limited (ALKEF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Alkane Resources Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 113.47%

Maximum Annual Current Ratio = 6.15

Minimum Annual Increase = -62.65%

Minimum Annual Current Ratio = 1.38

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.38-44.02%
20232.46-36.71%
20223.88113.47%
20211.82-62.65%
20204.87-20.81%
20196.1580.92%
20183.4021.04%
20172.81-23.96%
20163.6946.54%
20152.52-9.10%

Alkane Resources Limited (ALKEF) Average Current Ratio

How has ALKEF Current Ratio performed in the past?

The current Current Ratio of Alkane Resources Limited (ALKEF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.57

5-year avg

2.88

10-year avg

3.30

Alkane Resources Limited (ALKEF) Current Ratio vs. Peers

How is ALKEF’s Current Ratio compared to its peers?

Alkane Resources Limited’s Current Ratio is less than Arafura Rare Earths Limited (1.89), less than Great Western Minerals Group Ltd. (3.50), less than Energy Transition Minerals Ltd (7.60), greater than Ucore Rare Metals Inc. (0.39), greater than Medallion Resources Ltd. (0.47),

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