Minera Alamos (MAI) AI Stock Analysis

• Market Cap: C$203.04M
• Dividend Yield: N/A
• Average Volume (3M): 619.92K
• 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: 62
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 548,754,900
• 10 Day Avg. Volume: 236,802
• 30 Day Avg. Volume: 619,920
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• 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 faces significant financial challenges, with declining revenues and negative profit margins impacting its profitability and shareholder value. Despite these challenges, recent corporate events and positive technical momentum suggest some potential for recovery and growth. However, the negative valuation due to losses remains a concern, and strategic improvements are crucial to enhance financial health and investor confidence.

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 experiencing significant financial challenges characterized by declining revenues, negative profit margins, and ongoing liquidity concerns. The balance sheet shows moderate leverage but declining equity ratios, raising concerns about financial stability. Cash flow issues persist, with negative free cash flow indicating difficulties in operational cash generation.

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 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
13.42M	21.73M	897.91K	0.00	0.00
	Gross Profit
348.88K	3.21M	842.86K	-33.08K	-31.60K
	EBIT
245.16K	1.23M	-5.15M	965.10K	-3.63M
	EBITDA
-1.98M	6.30M	-1.67M	6.41M	-3.50M
	Net Income Common Stockholders
-2.86M	5.61M	-2.15M	2.26M	-4.14M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
13.75M	13.18M	9.38M	23.44M	4.96M
	Total Assets
51.62M	53.28M	36.42M	33.36M	7.35M
	Total Debt
6.27M	371.97K	440.74K	101.39K	2.65M
	Net Debt
-7.48M	-12.81M	-6.60M	-19.81M	887.35K
	Total Liabilities
13.93M	10.08M	4.47M	1.48M	4.25M
	Stockholders Equity
37.69M	43.21M	31.95M	31.88M	3.09M
Cash Flow		Free Cash Flow
-4.93M	-1.76M	-18.22M	-6.81M	-5.74M
	Operating Cash Flow
-4.57M	2.61M	-5.45M	-185.63K	-5.68M
	Investing Cash Flow
-366.49K	-2.31M	-8.24M	-2.25M	-597.55K
	Financing Cash Flow
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 below the 20-day moving average (MA) of 0.35, above the 50-day MA of 0.34, and above the 200-day MA of 0.31, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.01 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 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
DNG	71 Outperform	$208.94M	7.60	17.88%	2.78%	15.40%	18.06%
MAI	54 Neutral	C$203.04M	―	-60.08%	―	-51.72%	-446.15%
SIG	54 Neutral	$180.97M	―	-9.77%	―	―	-63.77%
ITH	51 Neutral	C$257.78M	―	-6.34%	―	―	-5.56%
Sector *	49 Neutral	$1.96B	-1.23	-21.20%	3.72%	0.88%	-29.24%
MFG	36 Underperform	C$185.78M	―	-51.05%	―	―	17.11%

Minera Alamos Corporate Events

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.

Spark’s Take on TSE:MAI Stock

According to Spark, TipRanks’ AI Analyst, TSE:MAI is a Neutral.

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.

To see Spark’s full report on TSE:MAI stock, click here.

Minera Alamos Secures TSX Approval for Incentive Plan and Settles Debts with Share Issuance

Minera Alamos has received approval from the TSX Venture Exchange for its Omnibus Incentive Plan, which aims to attract and motivate qualified personnel by aligning their goals with those of the shareholders. Additionally, the company has issued 3,388,364 common shares to settle outstanding debts with creditors, which reflects its strategic financial management and commitment to strengthening its operational foundation.

Spark’s Take on TSE:MAI Stock

According to Spark, TipRanks’ AI Analyst, TSE:MAI is a Neutral.

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.

To see Spark’s full report on TSE:MAI stock, click here.

Minera Alamos Reissues PEA for Copperstone Mine with Positive Economic Outlook

Minera Alamos has reissued the Preliminary Economic Assessment (PEA) for its Copperstone Mine in Arizona, highlighting robust post-tax economics due to existing infrastructure and reduced royalty burdens. The PEA outlines a high-grade underground gold mining operation with an average annual production of 40,765 ounces over a 5.6-year mine life, benefiting from a significant tax asset and potential for resource expansion. The assessment, prepared by Hard Rock Consulting, reflects changes in royalty structures and includes a sensitivity analysis for gold prices, positioning the project favorably in light of recent gold price movements.

Minera Alamos Reports Positive Outcomes from Annual General Meeting

Minera Alamos announced the results of its Annual & Special General Meeting, where shareholders voted overwhelmingly in favor of all items proposed by the Board of Directors and Management. This included the re-election of five board members, the ratification of McGovern Hurley LLP as auditors, and the adoption of the Omnibus Incentive Plan. The meeting saw 42.07% of total shares voted, reflecting strong shareholder engagement. These outcomes support the company’s strategic direction and operational stability, potentially reinforcing its position in the gold production and development industry.