AltynGold Plc (ALTN) AI Stock Analysis

• Market Cap: £208.82M
• Dividend Yield: N/A
• Average Volume (3M): 44.17K
• Price to Earnings (P/E): 11.2
• Beta (1Y): -0.21
• Revenue Growth: 45.63%
• EPS Growth: 126.68%
• Country: UK
• Employees: 530
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Gold
• EPS (TTM): 0.52
• Shares Outstanding: 27,332,933
• 10 Day Avg. Volume: 55,168
• 30 Day Avg. Volume: 44,174
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: £719.00
• Price Target Upside: -11.67% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 81 Outperform
• Price Target: 719.00p ▼(-11.67% Downside)

AltynGold demonstrates strong financial performance and attractive valuation, supported by robust corporate events. While technical analysis suggests potential for a near-term pullback, the overall outlook remains positive due to significant growth and strategic initiatives.

AltynGold Plc Business Overview & Revenue Model

Company Description

AltynGold plc, together with its subsidiaries, engages in the exploration and development of gold doré properties that contain gold and silver mineral deposits in the Republic of Kazakhstan. Its flagship asset is the Sekisovskoye gold mine located in North East Kazakhstan. The company was formerly known as Altyn Plc and changed its name to AltynGold plc in December 2020. The company was founded in 1997 and is headquartered in London, the United Kingdom. AltynGold plc is a subsidiary of African Resources Limited.

How the Company Makes Money

AltynGold Plc generates revenue primarily through the sale of gold produced at its Sekisovskoye mine. The company employs a vertical integration model where it oversees the entire mining process, from extraction to processing, allowing it to maximize profitability. Key revenue streams include the direct sale of gold bars to local and international markets, with prices typically linked to global gold market rates. Additionally, AltynGold may benefit from partnerships with other mining companies or stakeholders that provide operational support or facilitate access to advanced mining technologies. The company’s financial performance is influenced by factors such as gold prices, operational efficiency, and the cost of production, which includes labor, materials, and regulatory compliance.

AltynGold Plc Financial Statement Overview

Summary

AltynGold Plc exhibits strong financial health characterized by significant revenue and profit growth, robust margins, and improved cash flow. Despite moderate leverage, the company effectively manages profitability and cash flow, suggesting a positive outlook.

Income Statement

AltynGold Plc has demonstrated strong revenue growth, with an increase from $64.4M in 2023 to $96.5M in 2024, indicating a 49.8% growth rate. The gross profit margin improved to approximately 50.8%, and the net profit margin rose to 27.4%, highlighting enhanced profitability. EBIT and EBITDA margins were solid at 43.9% and 47.1%, respectively. This indicates robust operational efficiency and profitability improvement.

Balance Sheet

The company's balance sheet shows a debt-to-equity ratio of 0.73, reflecting moderate leverage. Return on equity stands at 32.2%, indicating strong profitability relative to shareholder equity. The equity ratio is 52.5%, suggesting a healthy level of equity financing. However, the increase in total debt over the years needs monitoring.

Cash Flow

AltynGold Plc's cash flow analysis reveals a positive free cash flow of $7.5M, a significant improvement from negative values in previous years. The operating cash flow to net income ratio of 1.11 highlights efficient cash generation relative to net income. The company shows a strong recovery in cash flow performance, with increased free cash flow and better capital expenditure management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	96.52M	64.43M	62.04M	50.29M	30.03M
Gross Profit	49.07M	23.33M	29.28M	27.79M	12.45M
EBITDA	45.42M	23.16M	21.10M	26.04M	10.72M
Net Income	26.42M	11.34M	13.23M	18.32M	2.94M
Balance Sheet
Total Assets	156.62M	145.49M	98.37M	95.12M	76.77M
Cash, Cash Equivalents and Short-Term Investments	10.40M	5.50M	116.00K	3.59M	7.15M
Total Debt	60.15M	58.49M	23.11M	27.31M	29.09M
Total Liabilities	74.46M	74.81M	36.16M	39.92M	41.43M
Stockholders Equity	82.16M	70.68M	62.21M	55.20M	35.34M
Cash Flow
Free Cash Flow	7.52M	-26.29M	3.29M	1.29M	-4.31M
Operating Cash Flow	29.37M	14.65M	12.23M	6.80M	4.25M
Investing Cash Flow	-21.50M	-40.94M	-9.19M	-6.33M	-9.66M
Financing Cash Flow	-2.86M	31.67M	-6.39M	-4.04M	10.64M

AltynGold Plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 814.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ALTN, the sentiment is Positive. The current price of 814 is above the 20-day moving average (MA) of 681.45, above the 50-day MA of 606.00, and above the 200-day MA of 380.96, indicating a bullish trend. The MACD of 55.30 indicates Negative momentum. The RSI at 72.70 is Negative, neither overbought nor oversold. The STOCH value of 82.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ALTN.

AltynGold Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALTN	81 Outperform	£208.82M	11.22	34.04%	―	45.63%	126.68%
Sector *	61 Neutral	$10.24B	6.18	0.71%	2.90%	3.45%	-36.02%
AAZ	―	£214.77M	―	-22.65%	―	―	―
KEFI	―	£70.22M	―	-18.95%	―	―	―
SRB	79 Outperform	£154.50M	5.46	33.52%	―	46.55%	237.48%
MTL	64 Neutral	£374.53M	18.01	19.64%	―	11.45%	-83.99%
CORA	―	£44.84M	―	-4.98%	―	―	―

AltynGold Plc Corporate Events

AltynGold Reports 44% Increase in H1 2025 Gold Production

AltynGold Plc reported a 44% increase in gold production for the first half of 2025, driven by upgrades at its Sekisovskoye processing plant. The company achieved its targeted mining run rate and saw significant growth in ore mined and milled, leading to an 84% rise in revenue. AltynGold remains on track to meet its full-year production target, supported by strong operational performance and strategic collaborations for sustainable resource development.

AltynGold Plc Announces Venue Change for 2025 AGM

AltynGold Plc has announced a change of venue for its 2025 Annual General Meeting, which will now be held at the Hudson Sandler office in London. The date, time, and resolutions for the meeting remain unchanged, and shareholders can still use the original proxy and voting instructions. This change is part of the company’s ongoing efforts to ensure effective communication and engagement with its stakeholders.

AltynGold Plc Clarifies Growth Strategy Amid Market Speculation

AltynGold Plc has addressed recent market speculation concerning its growth strategy, emphasizing its commitment to enhancing production from its current assets. While the company remains open to acquiring new assets in Kazakhstan if attractive opportunities arise, it reassures stakeholders that any such developments will be communicated appropriately. This announcement clarifies the company’s strategic focus and reassures investors about its operational priorities.

AltynGold Plc Achieves Strong Q1 2025 Performance with Increased Production and Revenues

AltynGold Plc reported a significant increase in production and revenues for Q1 2025, driven by a 34% year-over-year increase in mined ore and a 57% increase in milled ore. The company’s flagship asset, Sekisovskoye, has become fully operational, contributing to a 51% rise in gold poured and a 61% increase in revenues to $25.3 million. Despite a slight decrease in gold grade, the recovery rate improved, and the company is on track to meet its annual production target of over 50,000 ounces. AltynGold also emphasized its commitment to safety and sustainability, with no accidents reported and ongoing efforts to comply with climate change-related regulations.