Minera Alamos (MAI) AI Stock Analysis

• Market Cap: C$211.99M
• Dividend Yield: N/A
• Average Volume (3M): 911.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.06
• Revenue Growth: 9.15%
• EPS Growth: -1170.73%
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 580,805,970
• 10 Day Avg. Volume: 468,174
• 30 Day Avg. Volume: 911,035
• PEG Ratio: 0.02
• Price to Book (P/B): 5.23
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -21.77
• 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: C$0.50
• Price Target Upside: 38.89% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 58 Neutral
• Price Target: C$0.50 ▲(38.89%Upside)

Minera Alamos' overall stock score reflects a mix of financial challenges and positive strategic developments. Financial performance is the most significant factor, with ongoing profitability and cash flow issues weighing down the score. However, technical analysis indicates moderate bullish momentum, and corporate events show promising strategic initiatives for future growth. The valuation remains a concern with a negative P/E ratio. These elements together suggest cautious optimism, contingent on successful execution of strategic plans.

Minera Alamos Business Overview & Revenue Model

Company Description

Minera Alamos Inc. (MAI) is a Canadian mining company focused on the exploration and development of gold projects in Mexico. The company operates within the natural resources sector, with a particular emphasis on the extraction and processing of precious metals. Minera Alamos aims to bring its projects into production quickly and efficiently, leveraging its experienced management team and cost-effective strategies.

How the Company Makes Money

Minera Alamos generates revenue primarily through the production and sale of gold and other precious metals extracted from its mining operations in Mexico. The company focuses on low-capital, high-return development strategies, which allows it to bring mines into production rapidly while minimizing costs. Key revenue streams include the sale of gold and by-products such as silver, which are processed and refined for the market. Strategic partnerships with other mining companies and local stakeholders can also play a significant role in enhancing operational efficiency and expanding market access, contributing to the company's earnings.

Minera Alamos Financial Statement Overview

Summary

Minera Alamos is facing financial difficulties, with declining revenues and consistent losses impacting its profitability and shareholder value. The balance sheet shows moderate leverage but declining equity ratios, raising concerns about financial stability. Cash flow issues persist, with negative free cash flow highlighting challenges in operational cash generation. Continued focus on strategic initiatives and operational improvements is crucial to enhance financial health.

Income Statement

The income statement shows a declining revenue trend over the last few years, with a significant drop from 2022 to 2023. Gross profit and net income have also been negative, indicating operational challenges. The company has been experiencing negative EBIT and EBITDA margins, highlighting ongoing profitability issues.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio, suggesting manageable leverage. However, the equity ratio has been decreasing, indicating potential risks of financial stability. Return on equity has been negative due to consistent net losses, impacting shareholder value.

Cash Flow

The cash flow statement reveals negative free cash flow, signaling challenges in generating cash from operations. The operating cash flow to net income ratio is unfavorable, further demonstrating inefficiencies in translating income into cash. Despite these challenges, the company has maintained some financing activities to support cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.92M	13.42M	21.73M	897.91K	0.00
Gross Profit	1.56M	348.88K	3.21M	842.86K	-33.08K
EBITDA	-17.24M	-1.98M	6.21M	-1.67M	6.41M
Net Income	-17.57M	-2.86M	5.61M	-1.75M	6.10M
Balance Sheet
Total Assets	47.43M	51.62M	53.28M	36.42M	33.36M
Cash, Cash Equivalents and Short-Term Investments	11.76M	13.75M	13.18M	9.38M	23.44M
Total Debt	6.38M	6.27M	371.97K	440.74K	101.39K
Total Liabilities	14.01M	13.93M	10.08M	4.47M	1.48M
Stockholders Equity	33.43M	37.69M	43.21M	31.95M	31.88M
Cash Flow
Free Cash Flow	-10.00M	-4.93M	-1.76M	-18.22M	-6.81M
Operating Cash Flow	-9.65M	-4.57M	2.61M	-5.45M	-185.63K
Investing Cash Flow	-347.68K	-366.49K	-2.31M	-8.24M	-2.25M
Financing Cash Flow	8.18M	6.19M	5.37M	815.04K	20.59M

Minera Alamos Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.36
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MAI, the sentiment is Neutral. The current price of 0.36 is below the 20-day moving average (MA) of 0.37, below the 50-day MA of 0.36, and above the 200-day MA of 0.34, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.27 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:MAI.

Minera Alamos Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DNG	78 Outperform	C$193.47M	7.16	16.08%	3.49%	17.25%	16.23%
MAI	58 Neutral	C$211.99M	―	-157.80%	―	9.15%	-1170.73%
SIG	54 Neutral	$216.63M	―	-7.83%	―	―	-63.77%
ITH	51 Neutral	$305.59M	―	-6.29%	―	―	-5.56%
Sector *	44 Neutral	C$972.32M	-6.68	-13.73%	2.45%	17.55%	-32.57%
MFG	36 Underperform	C$179.22M	―	-49.68%	―	―	17.11%

Minera Alamos Corporate Events

Minera Alamos Advances Copperstone Mine Restart with Key MPO Amendment

Minera Alamos has submitted the final amendment for the Mine Plan of Operations for its Copperstone Mine project, marking a significant step towards restarting operations. The company has received all key permits except for minor amendments related to processing technology changes, and expects to receive the final MPO amendment by the end of 2025. This will enable a full restart of the Copperstone Mine, with site development activities already underway. The project demonstrates strong economic potential with a robust after-tax NPV and IRR at varying gold prices. Minera Alamos is also planning to transfer existing process plant equipment to the site and is reviewing exploration programs to enhance the asset’s value. Engineering activities are being optimized for the mine restart, and project finance discussions are ongoing with interested parties.

Minera Alamos Outlines 2025 Growth Plans and Operational Highlights

Minera Alamos has announced its 2025 outlook and 2024 year-end financials, highlighting improvements in mine operating performance at its Santana gold mine and plans for increased gold production in 2025. The company is advancing its newly acquired Copperstone mine in Arizona, aiming for a significant increase in gold production by 2026. The appointment of Kevin Small as EVP Operations is expected to bolster the company’s technical team as they ramp up engineering work for the Copperstone project. Minera Alamos is also working on securing project financing and anticipates completing the finance package by mid-2025. Additionally, the company continues to progress with permitting and engineering work for its Cerro de Oro project in Mexico, with expectations for increased visibility on permitting timelines in the coming months.