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Minera Alamos
(MAI)
Minera Alamos (MAI) vs. iShares MSCI Canada ETF (EWC)
Minera Alamos Business Overview & Revenue Model
Minera Alamos Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.59M | 8.92M | 13.42M | 21.73M | 897.91K | 0.00 |
| Gross Profit | -31.18M | 1.56M | 348.88K | 3.21M | 842.86K | -33.08K |
| EBITDA | -39.68M | -17.24M | -1.98M | 6.21M | -1.67M | 6.41M |
| Net Income | -39.99M | -17.57M | -2.86M | 5.61M | -1.75M | 6.10M |
Balance Sheet | ||||||
| Total Assets | 188.54M | 47.43M | 51.62M | 53.28M | 36.42M | 33.36M |
| Cash, Cash Equivalents and Short-Term Investments | 1.65M | 11.76M | 13.75M | 13.18M | 9.38M | 23.44M |
| Total Debt | 6.91M | 6.38M | 6.27M | 371.97K | 440.74K | 101.39K |
| Total Liabilities | 169.83M | 14.01M | 13.93M | 10.08M | 4.47M | 1.48M |
| Stockholders Equity | 18.71M | 33.43M | 37.69M | 43.21M | 31.95M | 31.88M |
Cash Flow | ||||||
| Free Cash Flow | -146.48M | -10.00M | -4.93M | -1.76M | -18.22M | -6.81M |
| Operating Cash Flow | -146.33M | -9.65M | -4.57M | 2.61M | -5.45M | -185.63K |
| Investing Cash Flow | 134.81M | -347.68K | -366.49K | -2.31M | -8.24M | -2.25M |
| Financing Cash Flow | 7.01M | 8.18M | 6.19M | 5.37M | 815.04K | 20.59M |
Minera Alamos Technical Analysis
Minera Alamos Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | C$348.90M | 11.63 | 35.92% | ― | 104.75% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | $607.99M | -8.25 | -71.44% | ― | ― | 0.31% | |
48 Neutral | C$692.56M | -8.68 | -180.41% | ― | 119.95% | -79.81% | |
48 Neutral | C$414.34M | -32.45 | ― | ― | ― | -166.59% | |
48 Neutral | C$470.23M | -37.29 | -15.78% | ― | ― | ― |
Minera Alamos Corporate Events
Minera Alamos has engaged Velocity Trade Capital to provide market-making services for its shares on the TSX Venture Exchange, aiming to reduce trading volatility and improve liquidity in its stock. Under the agreement, Velocity Trade will manage trading activity using its own funding and securities, for a fee of C$6,000 per month, with either party able to terminate the arrangement after 60 days on 30 days’ written notice; the engagement is subject to TSXV acceptance and represents a step toward stabilizing the company’s trading profile for investors without creating any related-party relationship between the two firms.
The most recent analyst rating on (TSE:MAI) stock is a Hold with a C$5.50 price target. To see the full list of analyst forecasts on Minera Alamos stock, see the TSE:MAI Stock Forecast page.
Minera Alamos announced that a subsidiary of Equinox Gold Corp. has agreed to sell 9,680,281 of the company’s common shares to a group of strategic investors at C$5.80 per share, for total proceeds of about C$56.1 million to the seller. The block trade, which includes a C$3.0 million purchase by Minera Alamos’ Executive Vice President of Corporate Development, represents a significant secondary-market reallocation of ownership tied to shares originally issued as partial consideration for the acquisition of the Pan Operating Complex in Nevada, signaling increased insider and strategic investor alignment with the company’s growth strategy without diluting existing shareholders.
The most recent analyst rating on (TSE:MAI) stock is a Sell with a C$5.50 price target. To see the full list of analyst forecasts on Minera Alamos stock, see the TSE:MAI Stock Forecast page.
Minera Alamos reported a strong inaugural quarter at its newly acquired Pan Operating Complex in Nevada, delivering fourth-quarter 2025 gold production of 9,165 ounces, above its 8,500–9,000-ounce forecast, and full-year 2025 production of 35,303 ounces, in line with annual guidance of 30,000–40,000 ounces. The Pan mine generated preliminary fourth-quarter cash costs of US$1,549 per ounce and all-in sustaining costs of US$1,604 per ounce, contributing to an increase in the company’s unrestricted cash balance to US$34 million as of December 31, 2025, which management says positions Minera Alamos to advance its growth strategy and reinforces its ambitions to become a leading intermediate gold producer in the Americas.
The most recent analyst rating on (TSE:MAI) stock is a Sell with a C$0.48 price target. To see the full list of analyst forecasts on Minera Alamos stock, see the TSE:MAI Stock Forecast page.
Minera Alamos reported preliminary fourth-quarter 2025 production of 9,165 ounces of gold from its recently acquired Pan Operating Complex in Nevada, surpassing its forecast range and contributing to full-year output of 35,303 ounces, in line with annual guidance. The Pan mine generated Q4 preliminary cash costs of US$1,549 per ounce and all-in sustaining costs of US$1,604 per ounce, supported by disciplined operating performance and strong gold prices, which helped lift the company’s unrestricted cash balance to an unaudited US$34 million at year-end 2025, strengthening its financial base as it positions Pan as a cash-flow engine to fund further production growth and project development across its portfolio.
The most recent analyst rating on (TSE:MAI) stock is a Sell with a C$0.48 price target. To see the full list of analyst forecasts on Minera Alamos stock, see the TSE:MAI Stock Forecast page.
Minera Alamos has completed a 10-for-1 consolidation of its common shares, which began trading on a post-consolidation basis on the TSX Venture Exchange on January 5, 2026, reducing its issued and outstanding share count to 108,043,726. All outstanding warrants and stock options have been adjusted accordingly, a move that simplifies the company’s capital structure and may enhance its marketability to investors as it pursues its strategy of growing gold production and advancing its pipeline of low-capital, heap-leach and open-pit projects across North America and Mexico.
The most recent analyst rating on (TSE:MAI) stock is a Hold with a C$0.52 price target. To see the full list of analyst forecasts on Minera Alamos stock, see the TSE:MAI Stock Forecast page.
Minera Alamos announced a 10-for-1 consolidation of its common shares, reducing the number of issued and outstanding shares from approximately 1.08 billion to about 108 million, with fractional shares rounded down. The move, already approved by shareholders and pending final TSX Venture Exchange acceptance, is expected to take effect at the close of business on January 2, 2026, with post-consolidation trading to begin on January 5, 2026; warrants and stock options will be adjusted accordingly, while uncertificated shareholders will see automatic electronic updates and registered shareholders will receive instructions to exchange their certificates, simplifying the capital structure and potentially improving the company’s marketability to investors.
The most recent analyst rating on (TSE:MAI) stock is a Hold with a C$0.45 price target. To see the full list of analyst forecasts on Minera Alamos stock, see the TSE:MAI Stock Forecast page.
Minera Alamos has successfully closed a private placement offering, raising C$3,500,000 through the issuance of 8,750,000 units. Each unit consists of one common share and one purchase warrant. Darren Blasutti, the company’s Executive Vice President of Corporate Development, subscribed for C$1,000,000 worth of units, triggering related party considerations. The funds raised will support the company’s ongoing projects and strategic initiatives, including settling a C$2,000,000 contractual obligation related to the Pan Operating Complex. This financial move is expected to strengthen Minera Alamos’ position in the gold production industry and support its growth strategy.
The most recent analyst rating on (TSE:MAI) stock is a Hold with a C$0.45 price target. To see the full list of analyst forecasts on Minera Alamos stock, see the TSE:MAI Stock Forecast page.
Minera Alamos Inc. reported its third-quarter financial results for 2025, highlighting a transformative acquisition of Nevada assets, including the Pan Gold Mine, which aligns with the current strong gold price environment. The company is enhancing its corporate profile by strengthening its management team, planning a transition to the Toronto Stock Exchange, and executing a share consolidation to boost its capital markets presence and investor awareness.
The most recent analyst rating on (TSE:MAI) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Minera Alamos stock, see the TSE:MAI Stock Forecast page.
Minera Alamos Inc. has announced updates on its Copperstone Mine project, with final amendments to the Mine Plan of Operations submitted and approvals expected by year-end. The company is preparing an updated technical study to support a full restart of the project, which shows robust economics with a significant Net Present Value and Internal Rate of Return at current gold prices. Engineering activities are underway to optimize the mine restart and process plant installation, with site development activities set to begin under existing permits. The new geological interpretation suggests potential for deeper mineralization and additional shallow, open pit accessible gold, which could enhance the project’s production and cash flow significantly.
The most recent analyst rating on (TSE:MAI) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Minera Alamos stock, see the TSE:MAI Stock Forecast page.