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Alphamin Resources ( (TSE:AFM) ) has issued an update.
Alphamin Resources Corp. announced that director Paul Baloyi will step down from the board effective 31 January 2026, marking the end of his tenure that began in April 2017 as an appointee of the Industrial Development Corporation of South Africa. The board publicly acknowledged and thanked Baloyi for his contributions, signaling a forthcoming change in board composition that may open the way for new strategic representation from significant shareholders or independent directors.
The most recent analyst rating on (TSE:AFM) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Alphamin Resources stock, see the TSE:AFM Stock Forecast page.
Spark’s Take on TSE:AFM Stock
According to Spark, TipRanks’ AI Analyst, TSE:AFM is a Outperform.
Alphamin Resources scores highly due to its strong financial performance and attractive valuation. The company’s recent corporate events, including increased production and dividend announcements, further bolster its outlook. While technical indicators show bullish momentum, caution is advised due to the RSI indicating potential overbought conditions.
To see Spark’s full report on TSE:AFM stock, click here.
More about Alphamin Resources
Alphamin Resources Corp. is a mining company listed on the TSX Venture Exchange and JSE AltX, focused on developing and operating mineral resource projects, notably in tin and related commodities, with a strategic emphasis on emerging markets such as Central Africa.
Average Trading Volume: 762,978
Technical Sentiment Signal: Buy
Current Market Cap: C$1.48B
See more insights into AFM stock on TipRanks’ Stock Analysis page.