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Broker says Alkane now trades at a discount to its NAV at 0.75 times and has the potential to re-rate to that of a 100,000 ounces midcap gold producer.
The webinar on Tuesday, September 21 will feature Australian Gold and Copper, Magmatic Resources and Sipa Resources.
Alkane Resources upbeat as Tomingley Gold Operations exceed production and AISC forecasts in FY21 Today’s update indicates gold production at Tomingley has even surpassed revised production guidance, which was updated in April because of higher-than-expected material grades. Alkane Resources has exceeded recently revised gold production metrics at its Tomingley asset in NSW. Alkane Resources Ltd's (ASX:ALK) (OTCMKTS:ALKEF) (FRA:AK7) Tomingley Gold Operations in central New South Wales have exceeded production guidance for the 2021 financial year. The gold plant churned out 56,...
Why Alkane, Audinate, Megaport, & Zip shares are rising today These ASX shares are performing strongly today… James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn't looked back since. James is part of the CFA Institute's Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others ...
10:27 AM Gains for the technology sector spurred a 2.3% rise for the ASX200 in June, the eleventh month of gains for a financial year that returned 27.8%. -The ASX200 climbed 2.3% during June and the FY21 total return was 27.8% -In June Technology was the best sector while Financials dragged -Over FY21 Consumer Discretionary was strongest as Value outpaced Growth -The average return for the major banks was 52% in FY21 -FY21 commodity prices jumped on average 55% -Stock and sector picks for the new financial year By Mark Woodruff Australian stocks rose 2.3% in June, lifting the ASX200 total r...