Altamin Limited (AZI) AI Stock Analysis

• Market Cap: AU$13.79M
• Dividend Yield: N/A
• Average Volume (3M): 4.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.96
• Revenue Growth: N/A
• EPS Growth: 34.21%
• Country: AU
• Employees: 6
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 574,502,870
• 10 Day Avg. Volume: 418
• 30 Day Avg. Volume: 4,455
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Altamin Limited's financial performance is hindered by ongoing losses and negative cash flow, despite some revenue growth and no debt. Technical indicators suggest a bearish trend, with weak momentum reflected in the MACD and RSI values. Valuation metrics are unfavorable due to a negative P/E ratio and no dividend yield. The absence of earnings call data or notable corporate events leaves the outlook unchanged.

Altamin Limited Business Overview & Revenue Model

Company Description

Altamin Limited (AZI) is a mining and exploration company primarily focused on the development and extraction of zinc and other valuable mineral resources. Operating within the mining sector, the company is engaged in the identification, acquisition, and development of mineral-rich properties, aiming to supply essential materials for various industries worldwide.

How the Company Makes Money

Altamin Limited makes money through the exploration, development, and sale of zinc and other extracted minerals. The company generates revenue by selling these minerals to industrial clients and manufacturers that require raw materials for production. Key revenue streams include the sale of mined zinc ore and other by-products obtained during the extraction process. Additionally, strategic partnerships with other mining companies, as well as off-take agreements with buyers, significantly contribute to its earnings by securing sales channels and enhancing operational capabilities.

Altamin Limited Financial Statement Overview

Summary

Altamin Limited faces ongoing financial challenges with negative profitability and cash flow, despite revenue growth. The absence of debt provides some financial stability, yet the company needs to improve its operational efficiency and profitability to enhance its financial standing.

Income Statement

Altamin Limited's revenue experienced significant growth from 2023 to 2024, however, the company continues to report substantial net losses. The gross profit margin remains positive but low, and negative EBIT and EBITDA margins indicate ongoing operational challenges.

Balance Sheet

The company's balance sheet shows no debt, which is a positive sign. However, the return on equity is negative due to consistent net losses. The equity ratio suggests moderate financial leverage, but the overall financial stability is affected by persistent negative profitability.

Cash Flow

Altamin Limited's operating cash flow is consistently negative, although there is some improvement in free cash flow in the most recent year. The company has managed financing activities well, but the free cash flow to net income ratio remains unfavorable.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
151.27K	79.79K	0.00	0.00	0.00
	Gross Profit
151.27K	51.61K	-66.18K	-91.00K	-122.63K
	EBIT
-3.71M	-3.32M	-5.23M	-5.73M	-3.85M
	EBITDA
-2.16M	-2.81M	-5.21M	-5.28M	-3.63M
	Net Income Common Stockholders
-3.69M	-2.83M	-5.66M	-5.38M	-3.76M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.23M	1.00M	4.84M	4.08M	2.26M
	Total Assets
3.80M	5.17M	5.43M	5.29M	3.37M
	Total Debt
0.00	0.00	63.27K	41.30K	102.45K
	Net Debt
-1.23M	-515.31K	-1.62M	-4.04M	-2.16M
	Total Liabilities
633.03K	564.71K	1.42M	1.49M	3.17M
	Stockholders Equity
3.17M	4.60M	4.01M	3.81M	206.78K
Cash Flow		Free Cash Flow
-2.02M	-3.83M	-5.14M	-4.94M	-3.54M
	Operating Cash Flow
-2.02M	-3.82M	-5.09M	-4.92M	-3.52M
	Investing Cash Flow
0.00	-4.74K	-50.55K	135.41K	-14.19K
	Financing Cash Flow
2.25M	-13.34K	5.88M	6.65M	3.70M

Altamin Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AZI, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.10 is Neutral, neither overbought nor oversold. The STOCH value of 36.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AZI.

Altamin Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AMI	58 Neutral	$490.85M	36.31	4.44%	―	0.39%	―
TLM	51 Neutral	$30.13M	―	-20.67%	―	―	4.00%
Sector *	49 Neutral	$1.94B	-1.23	-21.28%	3.73%	1.19%	-29.73%
AZI	41 Neutral	AU$13.79M	―	-75.66%	―	―	34.21%
AR1	39 Underperform	AU$84.35M	―		―	-25.56%	-339.66%
HCH	31 Underperform	AU$72.01M	―	-4.78%	―	―	-10.63%

Altamin Limited Corporate Events

Altamin Advances Geothermal Brine Extraction Projects with Strategic Acquisitions

Altamin Limited has made significant progress in its Lazio Project, which focuses on extracting lithium and boron from geothermal brines using a mechanical evaporation process that offers environmental and cost advantages. The company has completed various testwork and assessments, including those by ANSTO and SRC, to ensure the feasibility and efficiency of their extraction methods, with plans for further optimization. Additionally, Altamin has finalized the acquisition of Appian Italy B.V.’s interest in Vedra Metals Srl, enhancing its stake in the Gorno Project, and continues to engage with local communities and government bodies to support its operations.

Altamin’s Lazio Project Advances with Successful SOP and Lithium Recovery

Altamin Limited has announced successful testwork results from the Australian Nuclear Science Technology Organisation (ANSTO) for its Lazio project, demonstrating the feasibility of recovering sulphate of potash (SOP), lithium carbonate, and boron from Cesano C-1 well brine. The findings highlight the potential for significant environmental and technical benefits, with the recovery of boron presenting an opportunity to enhance the project’s economic prospects. The company plans to optimize its flowsheet design to achieve battery-grade lithium carbonate purity, reinforcing its strategic positioning in the critical metals market.

Altamin Limited Announces Director’s Interest Change

Altamin Limited announced a change in the director’s interest notice involving Alexander S Burns. The change involved a transfer of shares from ASIM Holdings Pty Ltd and a consolidation of superfund holdings into The RB SMSF Pty Ltd, with no change in the total number of shares or percentage holdings. This internal restructuring of shares does not impact the overall shareholding structure, maintaining stability in the company’s ownership.

Altamin Limited Releases Half-Yearly Financial Report

Altamin Limited has released its half-yearly report for the six months ending December 31, 2024, highlighting its financial performance and operational updates. The report is intended for stakeholders and should be read in conjunction with the annual report for the year ended June 30, 2024. This release provides insights into the company’s current market position and potential future developments, impacting its strategic direction and stakeholder interests.

Altamin Limited Announces Expiry of MOU with IREN SpA

Altamin Limited, a company listed on the Australian Securities Exchange, has announced the expiration of its non-binding memorandum of understanding with IREN SpA, which was initially entered into on 1 March 2024. The lapse of this agreement, effective 1 March 2025, may impact Altamin’s strategic collaborations and future business opportunities.