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Alkane Resources Ltd
TSX:ALK

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Alkane Resources Ltd
TSX:ALK
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Price: 1.32 CAD -4.35% Market Closed
Market Cap: CA$799.3m

Wall St Price Targets

ALK Price Targets Summary
Alkane Resources Ltd

Wall Street analysts forecast ALK stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ALK is 2.13 CAD with a low forecast of 1.93 CAD and a high forecast of 2.31 CAD.

Lowest Forecast
Price Target
1.93 CAD
46% Upside
Average Forecast
Price Target
2.13 CAD
61% Upside
Highest Forecast
Price Target
2.31 CAD
75% Upside
Alkane Resources Ltd Competitors:
Price Targets
TXGN
TX Group AG
43% Upside

Revenue
Forecast

24% / Year
Past Growth
54% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
24% / Year
Past Growth
54% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 11 years, the compound annual growth rate for Revenue has been 24%. The projected CAGR for the next 3 years is 54%.

Gross Profit
Forecast

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
Gross Profit Forecast
is not available for Alkane Resources Ltd

Operating Income
Forecast

N/A
Past Growth
108% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss
N/A
Past Growth
108% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss

The compound annual growth rate for Operating Income over the next 3 years is 108%.

Pre-Tax Income
Forecast

N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
N/A
Past Growth
N/A
Estimated Growth
N/A
Estimates Accuracy
N/A
Average Beat/Miss
Pre-Tax Income Forecast
is not available for Alkane Resources Ltd

Net Income
Forecast

N/A
Past Growth
48% / Year
Estimated Growth
Estimates Accuracy
-62%
Average Miss
N/A
Past Growth
48% / Year
Estimated Growth
Estimates Accuracy
-62%
Average Miss

The compound annual growth rate for Net Income over the next 5 years is 48%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is ALK's stock price target?
Price Target
2.13 CAD

According to Wall Street analysts, the average 1-year price target for ALK is 2.13 CAD with a low forecast of 1.93 CAD and a high forecast of 2.31 CAD.

What is the Revenue forecast for Alkane Resources Ltd?
Projected CAGR
54%

Over the last 11 years, the compound annual growth rate for Revenue has been 24%. The projected CAGR for the next 3 years is 54%.

What is the Operating Income forecast for Alkane Resources Ltd?
Projected CAGR
108%

The compound annual growth rate for Operating Income over the next 3 years is 108%.

What is the Net Income forecast for Alkane Resources Ltd?
Projected CAGR
48%

The compound annual growth rate for Net Income over the next 5 years is 48%.

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