AltynGold Plc (ALTN) AI Stock Analysis

• Market Cap: £382.66M
• Dividend Yield: N/A
• Average Volume (3M): 73.50K
• Price to Earnings (P/E): 11.0
• Beta (1Y): -0.07
• Revenue Growth: 61.98%
• EPS Growth: 164.33%
• Country: UK
• Employees: 530
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.76
• Shares Outstanding: 27,332,933
• 10 Day Avg. Volume: 94,325
• 30 Day Avg. Volume: 73,505
• PEG Ratio: 0.02
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 0.68
• P/FCF Ratio: 8.69
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: 1,562.00p ▲(21.09% Upside)

The score is driven primarily by strong financial performance (rapid revenue growth, improved profitability, and better free cash flow). Technicals support the trend but show signs of near-term overextension (RSI/Stoch elevated), and valuation appears reasonable based on the provided P/E, with no dividend yield data to add support.

Positive Factors

Strong Revenue Growth

Sustained nearly 50% revenue growth indicates expanding production or higher realized prices and stronger market penetration. Such durable top-line expansion supports capacity utilization, scale economics and provides a base for sustained earnings and reinvestment over the next 2–6 months and beyond.

High and Improving Margins

Robust gross and operating margins reflect high-grade ore and operational efficiency, enabling strong conversion of revenue into profit. Margin durability reduces sensitivity to cost fluctuations, underpins cash flow resilience and supports reinvestment or deleveraging over the medium term.

Recovering Cash Generation

Return to positive free cash flow and OCF exceeding net income signals improved cash conversion and capex discipline. Durable cash generation strengthens liquidity, funds growth or debt service, and increases strategic flexibility versus peers reliant on external financing.

Negative Factors

Rising Leverage Risk

Moderate but rising leverage elevates financial risk if operating cash flows weaken or gold prices fall. Higher interest and principal obligations can constrain capital allocation, limit ability to fund growth or return capital, and increase refinancing pressure over the coming quarters.

Commodity Price Exposure

Business economics are materially tied to gold price swings, creating structural revenue and margin volatility. Even with operational strength, prolonged declines in gold prices can erode cash generation and profitability, affecting investment plans and debt coverage over multi-month horizons.

Geographic Concentration Risk

Operational concentration in Kazakhstan increases exposure to local regulatory, permitting and geopolitical risks. Country-specific disruptions, changes in mining policy or community issues could materially affect production continuity, costs and long-term project timelines.

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 and gold-related products. The company's revenue model is based on the extraction of gold from its mining operations, which involves several key revenue streams: the sale of refined gold bullion and gold concentrates to various customers, including industrial buyers and jewelers. Additionally, AltynGold may enter into agreements with third-party refineries or trading companies to optimize the sale of its products. The company's earnings are also influenced by global gold prices, operational efficiency, and production levels. Strategic partnerships with local and international stakeholders enhance its market reach and operational capabilities, contributing further to its revenue generation.

AltynGold Plc Financial Statement Overview

Summary

AltynGold Plc exhibits strong financial health with significant revenue and profit growth, robust margins, and improved cash flow. The balance sheet shows moderate leverage, but profitability and cash flow are effectively managed. The trajectory suggests a positive outlook, though debt levels require monitoring.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	126.99M	96.52M	64.43M	62.04M	50.29M	30.03M
Gross Profit	71.60M	49.07M	23.33M	29.28M	27.79M	12.45M
EBITDA	70.67M	45.42M	23.16M	21.10M	26.04M	10.72M
Net Income	38.98M	26.42M	11.34M	13.23M	18.32M	2.94M
Balance Sheet
Total Assets	184.92M	156.62M	145.49M	98.37M	95.12M	76.77M
Cash, Cash Equivalents and Short-Term Investments	14.96M	10.40M	5.50M	116.00K	3.59M	7.15M
Total Debt	48.97M	60.15M	58.49M	23.11M	27.31M	29.09M
Total Liabilities	75.69M	74.46M	74.81M	36.16M	39.92M	41.43M
Stockholders Equity	109.23M	82.16M	70.68M	62.21M	55.20M	35.34M
Cash Flow
Free Cash Flow	18.16M	7.52M	-26.29M	3.29M	1.29M	-4.31M
Operating Cash Flow	45.13M	29.37M	14.65M	12.23M	6.80M	4.25M
Investing Cash Flow	-27.10M	-21.50M	-40.94M	-9.19M	-6.33M	-9.66M
Financing Cash Flow	-8.72M	-2.86M	31.67M	-6.39M	-4.04M	10.64M

AltynGold Plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1290.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• 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 1290 is above the 20-day moving average (MA) of 1264.00, above the 50-day MA of 1078.58, and above the 200-day MA of 712.32, indicating a bullish trend. The MACD of 90.56 indicates Negative momentum. The RSI at 66.18 is Neutral, neither overbought nor oversold. The STOCH value of 86.40 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
SRB	86 Outperform	£253.71M	7.41	35.69%	―	44.89%	120.82%
ALTN	78 Outperform	£382.66M	10.97	50.11%	―	61.98%	164.33%
MTL	69 Neutral	£420.55M	-13.62	-7.90%	―	26.71%	-119.70%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AAZ	56 Neutral	£308.72M	-45.30	-11.68%	―	129.53%	70.68%
AAU	49 Neutral	£39.24M	12.50	5.54%	―	―	―
KEFI	44 Neutral	£128.89M	-40.00	-9.19%	―	―	―

AltynGold Plc Corporate Events

AltynGold Enhances Shareholder Engagement with Updated Corporate Presentation

AltynGold Plc has released an updated corporate presentation on its website, aiming to enhance shareholder engagement. The presentation outlines the company’s operational and financial performance, growth strategy, and key priorities for future development, indicating a proactive approach to maintaining transparency and communication with stakeholders.

The most recent analyst rating on (GB:ALTN) stock is a Buy with a £1012.00 price target. To see the full list of analyst forecasts on AltynGold Plc stock, see the GB:ALTN Stock Forecast page.

AltynGold Reports Robust Q3 2025 Performance and Expansion Plans

AltynGold Plc reported strong operational and financial performance for Q3 2025, with significant increases in ore mined, ore milled, and gold production compared to the previous year. The company is on track to meet its annual production target of 50,000 ounces of gold, supported by a favorable pricing environment that boosted quarterly revenue by 89% year-over-year. AltynGold is evaluating plans to expand its Sekisovskoye processing capacity, aiming to double it within 24 months, which aligns with its medium-term goal of reaching an annual production target of 100,000 ounces. The company also continues exploration efforts at Teren-Sai and maintains a strong safety record with no accidents reported.

The most recent analyst rating on (GB:ALTN) stock is a Buy with a £1012.00 price target. To see the full list of analyst forecasts on AltynGold Plc stock, see the GB:ALTN Stock Forecast page.