Petra Capital analyst David Brennan maintained a Buy rating on Alkane Resources Ltd (ALKEF – Research Report) on March 18 and set a price target of A$1.02. The company’s shares closed last Wednesday at $0.40.
According to TipRanks, Brennan is an analyst with an average return of -15.6% and a 33.33% success rate.
Alkane Resources Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $0.65.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $0.64 and a one-year low of $0.30. Currently, Alkane Resources Ltd has an average volume of 21.41K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Alkane Resources Ltd (ALKEF) Company Description:
Alkane Resources Ltd. is a multi-commodity mining and exploration company. It focuses on gold, copper, zirconium, niobium and rare earths. The company produces and develops zirconium-hafnium, niobium-tantalum, yttrium-rare earths, gold, silver and copper deposits. Its projects include Dubbo Zirconia and Tomingley Gold. Alkane Resources was founded on May 13, 1969 and is headquartered in Burswood, Australia.
