Minera Alamos (MAI) AI Stock Analysis

• Market Cap: C$192.06M
• Dividend Yield: N/A
• Average Volume (3M): 357.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.12
• Revenue Growth: -51.72%
• EPS Growth: -446.15%
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.04
• Shares Outstanding: 548,754,900
• 10 Day Avg. Volume: 607,370
• 30 Day Avg. Volume: 357,570
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 29.86
• Price to Cash Flow (P/CF): -9.00
• P/FCF Ratio: 0.00
• 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

Minera Alamos' overall score reflects the significant financial challenges it faces, characterized by declining revenues, negative profit margins, and liquidity concerns. Despite this, the stock shows positive technical momentum, suggesting some market optimism. However, the poor valuation due to negative earnings significantly detracts from its attractiveness. Strategic improvements are necessary to enhance financial health and investor confidence.

Minera Alamos Business Overview & Revenue Model

Company Description

Minera Alamos Inc. (MAI) is a Canadian-based mining company focused on the exploration, development, and operation of gold and other precious metal projects in Mexico. The company operates primarily in the gold mining sector, with a strategic emphasis on advancing its portfolio of high-quality, low-capital-expenditure assets towards production. Minera Alamos is committed to developing efficient and sustainable mining operations, leveraging its experienced management team and strong local partnerships to maximize resource potential and shareholder value.

How the Company Makes Money

Minera Alamos makes money through the exploration, development, and production of gold and other precious metals from its mining projects in Mexico. The company's primary revenue stream is the sale of gold produced from its active mining operations. By focusing on low-capital-expenditure projects, Minera Alamos aims to achieve cost-effective production, which enhances profitability. Additionally, the company may engage in strategic partnerships, joint ventures, or off-take agreements that provide financial support and market access, further contributing to its revenue. These efforts are supported by the company's goal of increasing production capacity and expanding its resource base, which can lead to greater sales volume and revenue growth.

Minera Alamos Financial Statement Overview

Summary

Minera Alamos is facing significant financial challenges. The income statement indicates declining revenues and profitability issues, the balance sheet shows moderate leverage but declining equity ratios, and cash flow analysis highlights liquidity concerns with a reliance on financing. Strategic improvements in cost control and revenue generation are essential to enhance financial health.

Income Statement

Minera Alamos exhibits significant volatility in its income statement metrics. The gross profit margin and net profit margin are negative, indicating challenges in managing costs relative to revenue. The revenue has been declining, with the most recent TTM (Trailing-Twelve-Months) period showing a substantial drop from the previous annual period. The EBIT and EBITDA margins are also negative, highlighting operational inefficiencies and potential profitability issues.

Balance Sheet

The company's balance sheet presents a mixed picture. The debt-to-equity ratio is relatively low, suggesting conservative leverage usage, which is a positive aspect. However, the equity ratio has been declining, indicating increased reliance on liabilities. The return on equity is negative, reflecting ongoing profitability challenges. Overall, the balance sheet stability is moderate but poses some risks if profitability does not improve.

Cash Flow

Minera Alamos shows a strained cash flow position. The operating cash flow to net income ratio is negative due to negative operating cash flows, suggesting difficulties in generating cash from operations. The free cash flow has been consistently negative, indicating challenges in free cash generation. Financing activities have been a primary source of cash inflow, which could be unsustainable in the long run.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
5.73M	13.42M	21.73M	897.91K	0.00	0.00
	Gross Profit
-2.16M	348.88K	3.21M	842.86K	-33.08K	-31.60K
	EBIT
-14.15M	245.16K	1.23M	-5.15M	965.10K	-3.63M
	EBITDA
-18.26M	-1.98M	6.30M	-1.67M	6.41M	-3.50M
	Net Income Common Stockholders
-19.76M	-2.86M	5.61M	-2.15M	2.26M	-4.14M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.18M	13.75M	13.18M	9.38M	23.44M	4.96M
	Total Assets
3.42M	51.62M	53.28M	36.42M	33.36M	7.35M
	Total Debt
2.62M	6.27M	371.97K	440.74K	101.39K	2.65M
	Net Debt
1.44M	-7.48M	-12.81M	-6.60M	-19.81M	887.35K
	Total Liabilities
4.23M	13.93M	10.08M	4.47M	1.48M	4.25M
	Stockholders Equity
-813.66K	37.69M	43.21M	31.95M	31.88M	3.09M
Cash Flow		Free Cash Flow
-5.20M	-4.93M	-1.76M	-18.22M	-6.81M	-5.74M
	Operating Cash Flow
-4.84M	-4.57M	2.61M	-5.45M	-185.63K	-5.68M
	Investing Cash Flow
-370.16K	-366.49K	-2.31M	-8.24M	-2.25M	-597.55K
	Financing Cash Flow
7.36M	6.19M	5.37M	815.04K	20.59M	6.86M

Minera Alamos Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.35
• 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:MAI, the sentiment is Positive. The current price of 0.35 is above the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.32, and above the 200-day MA of 0.31, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.55 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MAI.

Minera Alamos Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ORV	66 Neutral	C$54.65M	10.81	7.12%	―	-2.98%	―
MAI	56 Neutral	C$192.06M	―	-60.08%	―	-51.72%	-446.15%
Sector *	47 Neutral	$2.71B	-3.60	-20.77%	3.28%	3.41%	-27.70%

Minera Alamos Corporate Events

Minera Alamos Secures Loan Extension Amid Positive Permitting Prospects

Minera Alamos has received conditional approval from the TSX Venture Exchange to extend its loan agreement conditions with Auramet, allowing the company financial flexibility as it progresses with the permitting process for the Cerro de Oro gold mine. This move reflects a positive shift in the permitting environment in Mexico and positions Minera Alamos to benefit from its strategic operational plans, potentially impacting its market presence and stakeholder interests.

Minera Alamos Reports Positive Q3 and Strategic Growth

Minera Alamos has reported its first full quarter of production from the Nicho Main Deposit at the Santana Gold Project, with mining and stacking activities approaching 2022 levels. The company is also expanding its operations with the planned acquisition of Sabre Gold Mines and a modest financing to support growth. These strategic moves are expected to enhance Minera Alamos’ financial performance and operational flexibility as it prepares for a busy 2025.

Minera Alamos Expands Gold Projects After Acquisition

Minera Alamos is advancing its Copperstone gold project following the acquisition of Sabre Gold, focusing on reducing historical royalties and updating processing facilities. At their Santana operations, gold production is on track, with a leach pad expansion set to enhance efficiency as mining activities ramp up in 2025.