Alkane Resources (ALK) Q3 2026 TU earnings summary

Executive summary

• Achieved record quarterly gold equivalent production of 45,776 oz in Q3 FY26, up from 43,663 oz in Q2 FY26, with strong operational cash flow and a $130 million increase in cash and bullion to $362 million at quarter end.

• Maintained full-year group guidance of 160-175k gold equivalent ounces at AISC $2,600–2,900/oz, reflecting stable production outlook.

• Inclusion in the S&P/ASX 200 Index effective April 2026, enhancing market visibility and potential trading volumes.

Financial highlights

• Quarterly revenue reached $275 million, up from $256 million in Q2 FY26, driven by higher realised gold prices ($6,330/oz vs $5,785/oz prior quarter).

• Group AISC rose to $2,928/AuEq oz (Q2 FY26: $2,739/AuEq oz), mainly due to higher royalties and increased input costs.

• Mine operating cash flow for the quarter was $189 million, with $374 million in cash, bullion, and listed investments after $16 million in tax payments.

• Gold equivalent sales for the quarter were 43,373 oz at an average gold price of $6,330/oz and antimony price of $34,394/t.

Outlook and guidance

• Full-year production guidance reaffirmed at 160–175k gold equivalent ounces at AISC $2,600–2,900/oz.

• Newell Highway realignment project at Tomingley progressing, with completion expected in H1 2027.