53MEDIUM

ALK

ALKANE FPO [ALK]
Alkane Resources Ltd operates as a gold exploration and production company in Australia. It 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.
Basic Materials · ASX Small Cap
$1.4350 -2.4%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical51
Catalyst53
Sentiment50
Fundamental100
Momentum86
Risk Gate50
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Volume surging at 2.1x normal while price falls — heavy selling pressure
  • Smart money may be accumulating — volume is flowing in even though price hasn't moved yet
  • Drifting lower — down 6.8% over the last 5 days
  • Trading above the 200-day average — the long-term trend is on your side
  • Cash positive / operating cashflow positive
  • Low P/S ratio (3.6x)
  • Strong revenue growth (+333%)
  • Piotroski F-Score strong (9/9, low-confidence approx)
  • EPS estimates revised upward (+10pts)
  • Post-earnings drift: positive surprise (SUE +10)
  • Large director buy detected (1 significant transactions)
  • CANSLIM C: Strong EPS growth (3455% QoQ)
  • CANSLIM S: Tight float (43%)
  • CANSLIM I: Institutional ownership (32%)
  • Healthy profit margins (16%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 127% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.5 means strong gains without wild swings
  • Earnings are trending the right way — 2 consecutive improvements
  • Revenue growing at +333% — the top line is moving in the right direction
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.73%/day)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Change in substantial holding
NONE Change in substantial holding
NONE Change of Director's Interest Notice - B Mills
Announcement tone +3pts

Recent ASX Announcements

2026-03-15 Change in substantial holding
2026-03-06 Change in substantial holding
2026-03-05 Change of Director's Interest Notice - B Mills
2026-02-24 Costerfield's Kendal Deposit Hits High-Grade Antimony-Gold PRICE SENSITIVE
2026-02-23 Tomingley Deep Drilling Identifies Gold Bearing Structure PRICE SENSITIVE

Key Metrics

$2.0B
Market Cap
6.8M
Avg Volume
2.1x
Vol Ratio
$0.56 — $1.83
52-Week Range
1.1%
Short Interest
N/A
Cash Runway
13.0%
ROE
15.6%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSpassEPS Growth: 3455%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 43%
LLeader vs LaggardpassRS: 2
IInstitutional SponsorshippassInst: 32%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #46 of 558 · Sector avg: 46

View all Basic Materials signals →
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