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All Articles on Seeking Alpha

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Alkane Resources: Back On The Sale Rack
2026-04-29 · via All Articles on Seeking Alpha

Summary

  • Alkane Resources Ltd offers deep value at ~3.4x calendar year 2027 EV/FCF estimates, with a strong balance sheet (~$240 million net cash) and production solely in Tier-1 jurisdictions.
  • ALKEF remains on track to meet FY2026 guidance in a pivotal year post-merger and continues to make new discoveries across its three mines, pointing to material LOM extension.
  • Meanwhile, Boda-Kaiser, with its ~1.5 million tonne copper resource and ~13 million ounces of gold, provides significant long-term optionality, and this asset is not remotely factored into the valuation today.
  • I see ALKEF as a top-5 name from a quality, growth, and valuation standpoint sector-wide, and I see this pullback in the stock below US$1.10 as a gift.
  • Looking for a portfolio of ideas like this one? Members of Alluvial Gold Research get exclusive access to our subscriber-only portfolios. Learn More »
Heavy mining machinery extracting minerals in an open pit mine

William Luque/iStock via Getty Images

Figures with A$ are in Australian dollars. Figures without A$ are in United States dollars. Costs and realized gold price figures are based on a flat 0.65 AUD/USD ratio and figures provided in United States dollars at this

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of ALKEF, ALK:CA, AEM, AEM:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: Taylor Dart is not a Registered Investment Advisor or Financial Planner. This writing is for informational purposes only. It does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any securities transaction. The information contained in this writing should not be construed as financial or investment advice on any subject matter. Taylor Dart expressly disclaims all liability in respect to actions taken based on any or all of the information in this writing. Given the volatility in the precious metals sector, position sizing is critical, so when buying small-cap precious metals stocks, position sizes should be limited to 5% or less of one's portfolio.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.