ALKANE RESOURCES LTD (ALK.CA) Forecast, Price Target & Analyst Ratings

TSX:ALKAU000000ALK9

Current stock price

1.45 CAD
-0.03 (-2.03%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ALKANE RESOURCES LTD (ALK.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$2.05
+ 41.23% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
N/A

ChartMill Buy Consensus

Rating
84.44%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$2.05
Upside
+ 41.23%
From current price of CA$1.45 to mean target of CA$2.05, Based on 9 analyst forecasts
Low
CA$1.93
Median
CA$2.05
High
CA$2.26

Price Target Revisions

1 Month
3.89%
3 Months
43.24%

Price Target Summary

9 Wall Street analysts provided a forecast for the next 12 months for ALK.CA. The average price target is 2.05 CAD. This implies a price increase of 41.23% is expected in the next year compared to the current price of 1.45.
The average price target has been revised upward by 43.24% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

ALK Current Analyst RatingALK Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

ALK Historical Analyst RatingsALK Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -18 -16 -14 -12 -10 -8 -6 -4 -2 0 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
84.44%
ALK.CA was analyzed by 9 analysts. The buy percentage consensus is at 84. So analysts seem to be very confident about ALK.CA.
In the previous month the buy percentage consensus was at a similar level.
ALK.CA was analyzed by 9 analysts. More opinions would make the average more meaningful.

Recent Upgrades & Downgrades

Next Earnings Forecast Details

Next Earnings Details

Release Date
N/A

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031
Revenue
YoY % growth
ALK.CA revenue by date.ALK.CA revenue by date.
190.527M
15.46%
172.991M
-9.20%
262.362M
51.66%
903.94M
244.54%
983.92M
8.85%
927.12M
-5.77%
676.13M
-27.07%
660.06M
-2.38%
649.16M
-1.65%
EBITDA
YoY % growth
ALK.CA ebitda by date.ALK.CA ebitda by date.
N/A
-5.72%
N/A
-35.72%
N/A
63.13%
471.8M
347.20%
568.61M
20.52%
530.87M
-6.64%
465.83M
-12.25%
294.61M
-36.76%
284.45M
-3.45%
EBIT
YoY % growth
ALK.CA ebit by date.ALK.CA ebit by date.
59.178M
11.07%
23.323M
-60.59%
48.946M
109.86%
361.47M
638.51%
469.23M
29.81%
441.7M
-5.87%
N/AN/AN/A
Operating Margin
ALK.CA operating margin by date.ALK.CA operating margin by date.
31.06%13.48%18.66%39.99%47.69%47.64%N/AN/AN/A
EPS
YoY % growth
ALK.CA eps by date.ALK.CA eps by date.
N/A
39.95%
N/A
-46.18%
N/A
61.24%
0.17
153.46%
0.23
30.93%
0.22
-3.21%
0.16
-27.71%
0.10
-35.72%
0.09
-9.15%

All data in AUD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

EPS
Q2Q % growth
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
EBIT
Q2Q % growth

All data in AUD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ALK.CA Yearly Revenue VS EstimatesALK.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 200M 400M 600M 800M
ALK.CA Yearly EPS VS EstimatesALK.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 0.05 0.1 0.15 0.2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
47.55%
EPS Next 5 Year
8.34%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
50.80%
Revenue Next 5 Year
19.55%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
106.75%
EBIT Next 5 Year
37.44%

ALKANE RESOURCES LTD / ALK.CA Forecast FAQ

What is the average price target for ALKANE RESOURCES LTD (ALK.CA) stock?

9 analysts have analysed ALK.CA and the average price target is 2.05 CAD. This implies a price increase of 41.23% is expected in the next year compared to the current price of 1.45.

What is the consensus rating for ALKANE RESOURCES LTD (ALK.CA) stock?

The consensus rating for ALKANE RESOURCES LTD (ALK.CA) is 84.4444 / 100 . This indicates that analysts generally have a positive outlook on the stock.