Alphamin Resources (AFM) AI Stock Analysis

• Market Cap: C$1.23B
• Dividend Yield: 7.29%
• Average Volume (3M): 658.10K
• Price to Earnings (P/E): 7.5
• Beta (1Y): 0.37
• Revenue Growth: 73.61%
• EPS Growth: 119.38%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.03
• Shares Outstanding: 1,276,710,400
• 10 Day Avg. Volume: 539,699
• 30 Day Avg. Volume: 658,103
• 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: C$1.00
• Price Target Upside: 4.17% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 79 Outperform
• Price Target: C$1.00 ▲(4.17% Upside)

Alphamin Resources is well-positioned with strong financial performance and attractive valuation. Positive technical indicators support a bullish outlook, although caution is advised due to potential overbought conditions.

Alphamin Resources Business Overview & Revenue Model

Company Description

Alphamin Resources Corp., together with its subsidiaries, engages in the extraction, production, and sale of tin concentrates in the Democratic Republic of the Congo. Its flagship property is the Mpama North Tin project that consists of five exploration licenses and one current mining license covering an area of 1,270 square kilometers located in the North Kivu Province of the Democratic Republic of Congo. The company was formerly known as La Plata Gold Corporation and changed its name to Alphamin Resources Corp. in October 2008. Alphamin Resources Corp. was incorporated in 1981 and is headquartered in Grand Baie, Mauritius.

How the Company Makes Money

Alphamin Resources generates revenue primarily through the mining, processing, and sale of tin concentrates. The company's key revenue stream is the sale of these concentrates to smelters and refiners, who further process the tin for use in various industrial applications, including electronics, soldering, and plating. Alphamin's financial performance is significantly influenced by global tin prices, production volumes, and operational efficiency. Additionally, strategic partnerships with key stakeholders, adherence to responsible mining practices, and investments in infrastructure and technology to enhance production capabilities contribute to the company's ability to drive revenue and maintain profitability.

Alphamin Resources Financial Statement Overview

Summary

Alphamin Resources demonstrates strong financial health with robust revenue growth, high profit margins, and efficient cash flow management. The balance sheet is solid with low leverage and a strong equity base.

Income Statement

Alphamin Resources shows strong revenue growth with a 7.48% increase in TTM, supported by robust gross and net profit margins of 46.69% and 20.25% respectively. The EBIT and EBITDA margins are also healthy at 39.70% and 49.41%, indicating efficient operational management. The company has consistently improved its revenue and profitability over the years, reflecting a positive growth trajectory.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio of 0.15, suggesting conservative leverage. Return on Equity (ROE) is impressive at 32.62%, demonstrating effective use of equity to generate profits. The equity ratio stands at 64.28%, indicating a strong equity base relative to total assets. Overall, the company maintains a stable financial position with manageable debt levels.

Cash Flow

Cash flow analysis reveals a significant 25.27% growth in free cash flow, highlighting improved cash generation capabilities. The operating cash flow to net income ratio of 1.79 and free cash flow to net income ratio of 0.87 indicate strong cash flow coverage. The company has shown consistent improvement in cash flow metrics, enhancing its financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	284.46M	527.99M	288.50M	391.05M	352.88M	187.44M
Gross Profit	131.95M	247.58M	127.46M	215.77M	188.49M	42.87M
EBITDA	136.77M	258.11M	134.09M	217.89M	165.86M	36.23M
Net Income	60.79M	100.78M	47.22M	100.92M	48.20M	-8.84M
Balance Sheet
Total Assets	606.57M	577.78M	516.76M	490.10M	421.15M	297.72M
Cash, Cash Equivalents and Short-Term Investments	57.68M	16.80K	7.16M	74.70M	8.25K	6.71K
Total Debt	59.48M	73.80M	80.65M	9.82M	21.23M	64.03M
Total Liabilities	149.18M	187.71M	151.25M	122.70M	110.42M	99.79M
Stockholders Equity	389.88M	333.54M	312.79M	320.42M	274.73M	171.73M
Cash Flow
Free Cash Flow	81.12M	135.37M	-114.56M	133.18M	119.68M	10.76M
Operating Cash Flow	99.02M	184.46M	2.33M	186.63M	142.19M	18.21M
Investing Cash Flow	-7.21M	-49.40M	-117.22M	-72.76M	-25.53M	-7.54M
Financing Cash Flow	-72.82M	-112.54M	2.66M	-85.12M	-32.58M	-10.04M

Alphamin Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.96
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AFM, the sentiment is Neutral. The current price of 0.96 is below the 20-day moving average (MA) of 0.99, above the 50-day MA of 0.95, and above the 200-day MA of 0.85, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.49 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:AFM.

Alphamin Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AFM	79 Outperform	C$1.23B	7.51	33.49%	7.29%	73.61%	119.38%
OM	50 Neutral	274.47M	-8.93	0.00%	―	0.00%	-149.50%
AII	48 Neutral	1.52B	-9.92	-41.71%	―	9.87%	-955.17%
FOM	46 Neutral	1.81B	-147.58	0.00%	―	0.00%	7.35%
SFR	18 Underperform	266.07M	-9.00	0.00%	―	0.00%	-69.01%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Alphamin Resources Corporate Events

Alphamin Resources Announces New Directors and Interim Dividend Amid Strategic Expansion

Alphamin Resources Corp. has announced the appointment of two new directors following the acquisition of a majority shareholding by International Resources Holding’s subsidiary, Alpha Mining Ltd. The company also declared an interim FY2025 dividend of CAD$0.07 per share, with plans to consider an additional dividend later in the year. These developments signal Alphamin’s commitment to growth and shareholder returns, as well as its strategic focus on expanding its tin production capabilities.

Alphamin Resources Reports Q2 2025 Operational Gains Amidst Exploration Efforts

Alphamin Resources Corp. reported a Q2 2025 operational update, highlighting a tin production of 4,106 tonnes, slightly below target due to a temporary operational halt. However, tin sales increased by 19% to 4,587 tonnes, clearing a previous backlog. The company’s EBITDA guidance for Q2 2025 is $75 million, a 21% increase from the previous quarter, attributed to higher sales. The company also improved its net cash position significantly, ending the quarter with $50 million. Exploration efforts continue at Mpama South, with mixed results from initial drilling efforts.

Alphamin Resources Appoints Experienced Director to Strengthen Operations

Alphamin Resources Corp. announced the appointment of John Robertson as a director, pending regulatory approval. Robertson brings 30 years of experience in mining across Africa, with expertise in managing large mining operations and a strong background in resource and reserve exploration. His appointment is expected to strengthen the company’s operational capabilities and enhance its strategic positioning in the mining sector.

Alphamin’s Major Shareholder Sells Stake to Abu Dhabi Mining Firm

Alphamin Resources Corp. announced that its majority shareholder, Tremont Master Holdings, has agreed to sell its 56% stake in the company to International Resource Holding, an Abu Dhabi-based mining company, for approximately C$503 million. This transaction, subject to regulatory approvals, could impact Alphamin’s operations and industry positioning as its board evaluates the implications of the sale.

Alphamin Resources Resumes Tin Production at Bisie Mine

Alphamin Resources Corp. has successfully resumed tin concentrate production at its Bisie tin mine, with 1,290 tonnes produced between April 15 and May 11, 2025. The restart involved processing run-of-mine ore stockpiles and the resumption of operations at both the Mpama North and South plants. The first export lots of tin concentrate have been dispatched, marking a significant step in returning to full operational capacity. This development is expected to enhance Alphamin’s market positioning and provide positive implications for stakeholders as the company increases its mine development rates.