Alphamin Resources (AFM) AI Stock Analysis

• Market Cap: C$1.46B
• Dividend Yield: 10.48%
• Average Volume (3M): 1.58M
• Price to Earnings (P/E): 8.7
• Beta (1Y): 1.07
• Revenue Growth: 34.89%
• EPS Growth: 67.31%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.04
• Shares Outstanding: 1,278,910,500
• 10 Day Avg. Volume: 1,905,715
• 30 Day Avg. Volume: 1,577,392
• PEG Ratio: 0.08
• Price to Book (P/B): 2.85
• Price to Sales (P/S): 1.80
• P/FCF Ratio: 7.01
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 82 Outperform
• Price Target: C$1.50 ▲(42.86% Upside)

Alphamin Resources scores highly due to its strong financial performance and attractive valuation. The company's recent corporate events, including increased production and dividend announcements, further bolster its outlook. While technical indicators show bullish momentum, caution is advised due to the RSI indicating potential overbought conditions.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market demand and effective sales strategies, supporting long-term business sustainability.

Cash Generation

Improved cash generation enhances financial flexibility, allowing for reinvestment in growth opportunities and debt management.

Balance Sheet Health

Low leverage indicates financial stability, reducing risk and providing a strong foundation for future growth and investment.

Negative Factors

Industry Concentration

Heavy reliance on a single commodity exposes the company to market volatility and demand fluctuations, impacting revenue stability.

Geopolitical Risk

Operating in a geopolitically unstable region can lead to operational disruptions and increased costs, affecting long-term performance.

Employee Base

Lack of employee data may indicate challenges in workforce management or reporting, potentially impacting operational efficiency and growth.

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 sale of tin concentrate produced at its Bisie Tin Mine. The company benefits from the high demand for tin, which is used in a wide range of applications, and sells its product to various customers in the metals market. Key revenue streams include direct sales of tin concentrate to traders and manufacturers, with pricing typically linked to market rates for tin. Additionally, the company may engage in strategic partnerships and long-term contracts with key buyers to secure stable revenue. Factors contributing to its earnings include the efficiency of its mining operations, favorable tin prices in the global market, and the company's ability to manage production costs effectively.

Alphamin Resources Financial Statement Overview

Summary

Alphamin Resources demonstrates strong financial health across all verticals. The income statement reflects robust growth and profitability, while the balance sheet indicates a stable financial structure with low leverage. Cash flow metrics further reinforce the company's ability to generate and manage cash effectively.

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	164.55M	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: 1.05
• 50DMA: Negative
• 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 1.05 is below the 20-day moving average (MA) of 1.08, below the 50-day MA of 1.05, and above the 200-day MA of 0.86, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 44.90 is Neutral, neither overbought nor oversold. The STOCH value of 47.14 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	82 Outperform	C$1.46B	8.74	33.87%	10.48%	34.89%	67.31%
ALS	81 Outperform	C$1.84B	5.09	53.36%	0.96%	-0.76%	2549.18%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
USA	58 Neutral	C$2.18B	-20.70	-144.69%	―	14.32%	37.85%
TLG	51 Neutral	C$807.00M	-12.01	-231.13%	―	―	-53.49%
NDM	48 Neutral	C$1.65B	-18.37	-92.64%	―	―	-381.19%
WRN	46 Neutral	C$715.28M	―	-1.92%	―	―	41.98%

Alphamin Resources Corporate Events

Alphamin Declares Second Interim FY2025 Dividend

Alphamin Resources Corp. has announced a second interim FY2025 dividend of CAD$0.04 per share, amounting to approximately US$37 million in total, payable on December 8, 2025. This decision reflects the company’s continued financial health and strategic alignment with its subsidiary’s annual financial cycle, potentially impacting shareholder value positively.

Alphamin Resources Boosts Q3 Tin Production and Raises FY2025 Guidance

Alphamin Resources reported a significant increase in its Q3 2025 tin production, achieving 5,190 tonnes, a 26% rise from the previous quarter. The company also raised its FY2025 production guidance to between 18,000 and 18,500 tonnes. The improved performance was attributed to a normalized production rate following a phased restart after a temporary operational halt. The company’s EBITDA guidance for Q3 2025 is US$96 million, reflecting a 28% increase due to higher production and sales, alongside a slight rise in tin prices. Exploration activities are ongoing, with promising assay results from drilling at Mpama North and South, supporting Alphamin’s strategic focus on expanding its resource base.