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Alkane Resources Ltd
TSX:ALK

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Alkane Resources Ltd
TSX:ALK
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Price: 1.49 CAD -1.97% Market Closed
Market Cap: CA$902.3m

Wall Street
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 2.05 CAD with a low forecast of 1.93 CAD and a high forecast of 2.26 CAD.

Lowest
Price Target
1.93 CAD
29% Upside
Average
Price Target
2.05 CAD
37% Upside
Highest
Price Target
2.26 CAD
52% Upside
Alkane Resources Ltd Competitors:
Price Targets
PEAN
Peach Property Group AG
49% Upside

Revenue
Forecast

24% / Year
Past Growth
52% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
24% / Year
Past Growth
52% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

For the last 11 years the compound annual growth rate for Alkane Resources Ltd's revenue is 24%. The projected CAGR for the next 3 years is 52%.

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 of Alkane Resources Ltd's operating income for the next 3 years is 108%.

Net Income
Forecast

N/A
Past Growth
108% / Year
Estimated Growth
Estimates Accuracy
-62%
Average Miss
N/A
Past Growth
108% / Year
Estimated Growth
Estimates Accuracy
-62%
Average Miss

The compound annual growth rate of Alkane Resources Ltd's net income for the next 3 years is 108%.

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 is available on other sites you are seeing are mostly from the sell-side analysts.

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

According to Wall Street analysts, the average 1-year price target for ALK is 2.05 CAD with a low forecast of 1.93 CAD and a high forecast of 2.26 CAD.

What is Alkane Resources Ltd's Revenue forecast?
Projected CAGR
52%

For the last 11 years the compound annual growth rate for Alkane Resources Ltd's revenue is 24%. The projected CAGR for the next 3 years is 52%.

What is Alkane Resources Ltd's Operating Income forecast?
Projected CAGR
108%

The compound annual growth rate of Alkane Resources Ltd's operating income for the next 3 years is 108%.

What is Alkane Resources Ltd's Net Income forecast?
Projected CAGR
108%

The compound annual growth rate of Alkane Resources Ltd's net income for the next 3 years is 108%.

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