Alkane Resources Ltd. (ASX:ALK)

Alkane Resources Ltd. (ASX:ALK) Company Profile

Symbol(s): ASX:ALK, OTCMKTS:ALKEF
Industry: Gold Mining
Website: www.alkane.com.au
eMail: info@alkane.com.au

Alkane Resources Ltd. (ASX:ALK) is an Australian Gold mining company. It’s a junior small producer mainly focused on exploration and development of mineral properties in Australia, Australia. The company has ownership of the Tomingley property which is located in Australia.

Alkane Resources Ltd. (ASX:ALK) has about 0.8 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$613.665 per gold equivalent ounce. The company currently produces 50000 ounces of gold per year with the all-in sustaining costs of US$1200 per ounce.

Alkane Resources Ltd. has US$11.22 million cash and no debt. The company has 595.25 million shares outstanding and as of September 01, 2020, had a market capitalization of US$502.15 million. The stocks of Alkane Resources Ltd. trade on the Australian Securities Exchange and the Over-the-Counter Exchange.