Alphamin Resources (AFM) AI Stock Analysis

• Market Cap: C$1.04B
• Dividend Yield: 14.72%
• Average Volume (3M): 674.09K
• Price to Earnings (P/E): 7.3
• Beta (1Y): 0.22
• Revenue Growth: 76.60%
• EPS Growth: 107.92%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 1,276,210,400
• 10 Day Avg. Volume: 468,682
• 30 Day Avg. Volume: 674,086
• PEG Ratio: -0.06
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.53
• Enterprise Value/Market Cap: 0.21
• Enterprise Value/Revenue: 0.13
• Enterprise Value/Gross Profit: 0.88
• Enterprise Value/Ebitda: 0.28
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: C$1.00 ▲(21.95%Upside)

Alphamin Resources demonstrates strong financial performance and attractive valuation, making it a potentially promising investment. The company's operational and strategic positioning is strengthened by recent corporate events. However, technical indicators suggest short-term bearish momentum, which slightly moderates the overall score.

Alphamin Resources Business Overview & Revenue Model

Company Description

Alphamin Resources (AFM) is a mineral exploration and development company primarily engaged in the production and sale of tin. It operates in the mining sector, focusing on the extraction and processing of high-grade tin ores. The company's flagship asset is the Bisie Tin Project, located in the North Kivu Province of the Democratic Republic of Congo, which is one of the world's highest-grade known tin deposits. Alphamin Resources is dedicated to responsible mining practices, contributing to local community development while meeting global tin demand.

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 demonstrates strong financial performance with significant revenue growth and robust profit margins. The balance sheet is stable, though there is a moderate increase in debt. Cash flow metrics show substantial improvement, reflecting effective cash management and operational efficiency.

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: Negative
• Last Price: 0.82
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• 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 Negative. The current price of 0.82 is below the 20-day moving average (MA) of 0.85, below the 50-day MA of 0.89, and below the 200-day MA of 0.95, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 42.65 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 Negative sentiment for TSE:AFM.

Alphamin Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AFM	77 Outperform	C$1.04B	7.26	29.84%	14.72%	76.60%	107.92%
SMT	66 Neutral	$248.56M	7.36	26.39%	―	25.53%	―
OM	50 Neutral	C$246.87M	―	-25.92%	―	―	-209.91%
FOM	46 Neutral	C$1.34B	―	-2.81%	―	―	8.92%
Sector *	44 Neutral	C$953.01M	-6.70	-13.31%	2.79%	17.55%	-32.28%
SFR	18 Underperform	C$260.95M	―	75.60%	―	―	-73.03%

Alphamin Resources Corporate Events

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.

Alphamin Resources Resumes Operations After Security Halt, Adjusts 2025 Production Guidance

Alphamin Resources Corp. reported a temporary halt in operations due to security concerns, impacting its Q1 2025 tin production, which fell to 4,270 tonnes, an 18% decrease from the previous quarter. Despite the interruption, the company resumed operations in mid-April 2025 and adjusted its FY2025 production guidance to 17,500 tonnes. The company maintains a strong cash position with $99 million and expects further sales receipts, while logistics and supply chains are set to normalize following the resumption of mining activities.

Alphamin Resources to Resume Operations at Bisie Tin Mine

Alphamin Resources Corp. has announced the phased resumption of operations at its Bisie tin mine in the Democratic Republic of the Congo following the withdrawal of insurgents from the area. The company plans to redeploy employees and restart tin production while monitoring the security situation. Despite the temporary halt in operations due to security concerns, Alphamin successfully exported approximately 4,500 tonnes of tin in the first quarter of 2025, with additional stock still in transit.