TipRanksStock Market NewsOrd Minnett Maintains a Buy Rating on Alkane Resources Ltd (ALKEF)

Ord Minnett Maintains a Buy Rating on Alkane Resources Ltd (ALKEF)

According to TipRanks.com, Kelly is a 4-star analyst with an average return of 22.7% and a 61.3% success rate. Kelly covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths Limited, Whitehaven Coal Limited, and Aurelia Metals Limited.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alkane Resources Ltd with a $1.04 average price target.

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The company has a one-year high of $0.98 and a one-year low of $0.53. Currently, Alkane Resources Ltd has an average volume of 3,157.

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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.

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