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The latest announcement is out from Alkane Resources Ltd ( (AU:ALK) ).
Alkane Resources Ltd announced the resignation of Non-Executive Director Dominic Duffy, who is leaving to pursue other opportunities. The company’s board is currently evaluating its composition and potential future appointments. This change in leadership comes as Alkane continues to focus on its growth strategy, leveraging its strong balance sheet and expanding its exploration activities to enhance its position in the gold, copper, and antimony markets.
The most recent analyst rating on (AU:ALK) stock is a Buy with a A$1.45 price target. To see the full list of analyst forecasts on Alkane Resources Ltd stock, see the AU:ALK Stock Forecast page.
More about Alkane Resources Ltd
Alkane Resources Ltd is an Australia-based company engaged in gold and antimony production, with three operating mines located in Australia and Sweden. The company operates the Tomingley gold mine in New South Wales, the Costerfield gold and antimony mine in Victoria, and the Björkdal gold mine in Sweden. Alkane also owns the Boda-Kaiser Project, a large gold-copper porphyry in New South Wales, and is actively exploring the Northern Molong Porphyry Project.
Average Trading Volume: 7,640,142
Technical Sentiment Signal: Buy
Current Market Cap: A$1.47B
Learn more about ALK stock on TipRanks’ Stock Analysis page.