Alphamin Resources (AFM) AI Stock Analysis

• Market Cap: C$1.25B
• Dividend Yield: 6.12%
• Average Volume (3M): 487.93K
• Price to Earnings (P/E): 8.7
• Beta (1Y): 0.25
• Revenue Growth: 76.60%
• EPS Growth: 107.92%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 1,276,210,400
• 10 Day Avg. Volume: 406,305
• 30 Day Avg. Volume: 487,928
• PEG Ratio: 0.23
• Price to Book (P/B): 2.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.46
• Enterprise Value/Market Cap: 0.75
• Enterprise Value/Revenue: 0.58
• Enterprise Value/Gross Profit: 3.79
• Enterprise Value/Ebitda: 1.21
• 1Y Price Target: C$1.00
• Price Target Upside: 2.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 82 Outperform
• Price Target: C$1.00 ▲(2.04%Upside)

Alphamin Resources scores highly due to strong financial performance, particularly in revenue growth and cash flow improvements. The valuation is attractive, offering a low P/E ratio and high dividend yield. Technical indicators show positive momentum but caution is advised due to overbought signals. Corporate events further support the stock's potential, contributing to a robust overall score.

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 through the extraction, processing, and sale of tin concentrates. The company's primary revenue stream comes from the sale of tin, which is extracted from its Bisie Tin Project, known for its high-grade deposits. The tin produced is sold to various industrial sectors that use tin for manufacturing purposes, such as electronics, automotive, and packaging industries. Key factors contributing to its earnings include the global demand for tin, efficient mining operations, and strategic partnerships with smelters and traders that facilitate the sale of tin concentrates. By maintaining a focus on high-grade deposits and optimizing production processes, Alphamin Resources ensures profitability and competitive market positioning.

Alphamin Resources Financial Statement Overview

Summary

Alphamin Resources exhibits strong financial health with significant growth in revenue and profitability. The balance sheet is stable, though there's a slight increase in debt levels. Cash flow metrics highlight substantial improvement in free cash flow, reflecting effective cash management. The company is well-positioned for future growth, with a need to monitor leverage for maintaining financial flexibility.

Income Statement

Alphamin Resources has demonstrated impressive revenue growth, increasing significantly from 2023 to 2024. The gross profit margin and net profit margin are strong, indicating effective cost management and profitability. EBIT and EBITDA margins are also robust, showcasing operational efficiency. Overall, the company shows positive trajectory in income statement metrics.

Balance Sheet

The company's balance sheet reveals a solid equity base with a favorable equity ratio, indicating financial stability. The debt-to-equity ratio is moderate, suggesting manageable leverage. The return on equity is strong, reflecting effective use of shareholders' capital to generate profits. However, the increase in total debt from the previous year could moderate future financial flexibility.

Cash Flow

Alphamin Resources has shown remarkable improvement in free cash flow, shifting from a negative position in 2023 to a strong positive in 2024. The operating cash flow to net income ratio is healthy, indicating good cash conversion capabilities. The free cash flow to net income ratio supports the company's ability to generate cash from operations after capital expenditures.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	527.99M	288.50M	391.05M	352.88M	187.44M
Gross Profit	247.58M	127.46M	215.77M	188.49M	42.87M
EBITDA	258.11M	134.09M	217.44M	165.86M	36.23M
Net Income	100.78M	47.22M	100.92M	48.20M	-8.84M
Balance Sheet
Total Assets	577.78M	516.76M	490.10M	421.15M	297.72M
Cash, Cash Equivalents and Short-Term Investments	16.80K	7.16M	74.70M	8.25K	6.71K
Total Debt	73.80M	80.65M	9.82M	21.23M	64.03M
Total Liabilities	187.71M	151.25M	122.70M	110.42M	99.79M
Stockholders Equity	333.54M	312.79M	320.42M	274.73M	171.73M
Cash Flow
Free Cash Flow	135.37M	-114.56M	133.18M	119.68M	10.76M
Operating Cash Flow	184.46M	2.33M	186.63M	142.19M	18.21M
Investing Cash Flow	-49.40M	-117.22M	-72.76M	-25.53M	-7.54M
Financing Cash Flow	-112.54M	2.66M	-85.12M	-32.58M	-10.04M

Alphamin Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.98
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 0.98 is above the 20-day moving average (MA) of 0.90, above the 50-day MA of 0.90, and above the 200-day MA of 0.95, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 63.52 is Neutral, neither overbought nor oversold. The STOCH value of 79.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:AFM.

Alphamin Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AFM	82 Outperform	C$1.25B	8.68	29.84%	6.12%	76.60%	107.92%
Sector *	44 Neutral	C$961.63M	-6.69	-13.73%	2.61%	17.55%	-32.57%
AII	―	C$1.21B	―	-133.50%	―	―	―
OM	50 Neutral	C$280.40M	―	-25.92%	―	―	-209.91%
FOM	46 Neutral	C$1.48B	―	-2.81%	―	―	8.92%
SMTSF	―	$181.04M	7.42	26.39%	―	―	―
SRAFF	―	$231.07M	―		―	―	―

Alphamin Resources Corporate Events

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.