Minera Alamos (MAI) AI Stock Analysis

• Market Cap: C$194.57M
• Dividend Yield: N/A
• Average Volume (3M): 1.44M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: 9.15%
• EPS Growth: -1170.73%
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 580,805,970
• 10 Day Avg. Volume: 1,417,573
• 30 Day Avg. Volume: 1,441,402
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 47.06% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: C$0.50 ▲(47.06% Upside)

Minera Alamos' overall stock score is primarily influenced by its challenging financial performance and bearish technical indicators. However, recent positive corporate events, including strategic acquisitions and project advancements, provide a potential upside. The stock's valuation remains weak due to ongoing losses and lack of dividends.

Minera Alamos Business Overview & Revenue Model

Company Description

Minera Alamos Inc., a junior mining exploration company, acquires, explores for, and develops mineral properties in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. Its principal property is the 100% owned Santana project consisting of 9 mining claims with an area of approximately 3,100 hectares located in the east-southeast of Hermosillo, Sonora; 100% owned Cerro de Oro project covering an area of 6,500 hectares situated in Zacatecas, Mexico; and 100% owned La Fortuna project covering an area of 6,100 hectares located in Durango State, Mexico. The company was formerly known as Virgin Metals Inc. and changed its name to Minera Alamos Inc. in April 2014. Minera Alamos Inc. was incorporated in 1934 and is headquartered in Toronto, Canada.

How the Company Makes Money

Minera Alamos makes money primarily through the extraction and sale of gold from its mining operations. The company generates revenue by mining gold ore, processing it to extract gold, and then selling the refined gold to the market at prevailing prices. Key revenue streams include direct gold sales and potential future revenues from silver and copper by-products associated with their projects. Strategic partnerships and joint ventures with other mining firms or investors may also contribute to funding and operational efficiency, enhancing the company's ability to bring projects to production and increasing overall profitability.

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.

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: 0.34
• 50DMA: Negative
• 100DMA: Negative
• 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:MAI, the sentiment is Neutral. The current price of 0.34 is below the 20-day moving average (MA) of 0.36, below the 50-day MA of 0.38, and above the 200-day MA of 0.34, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 43.40 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, 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
Sector *	61 Neutral	$10.31B	6.29	0.74%	2.95%	3.36%	-36.41%
MAI	54 Neutral	C$194.57M	―	-157.80%	―	9.15%	-1170.73%
THM	―	$280.57M	―	-7.27%	―	―	―
GGAZF	―	$224.48M	―		―	―	―
DNGDF	―	$143.08M	8.10	14.79%	3.33%	―	―
SITKF	―	$210.47M	―	-7.83%	―	―	―
MFG	36 Underperform	C$183.60M	―	-37.04%	―	―	58.22%

Minera Alamos Corporate Events

Minera Alamos Secures Funding for Strategic Nevada Acquisition

Minera Alamos has successfully closed its C$110 million private placement due to strong investor demand, which will fund the acquisition of the Pan Complex mining assets in Nevada. This acquisition, including the Pan Gold Mine and Gold Rock Project, is expected to enhance the company’s growth trajectory and position it as a leading Americas-focused gold producer. The transaction involves acquiring Calibre USA Holdings from Equinox Gold Corp for $115 million, with the funds primarily used for cash consideration and operational support at the Pan complex.

Minera Alamos Acquires Gold Complex and Strengthens Leadership for Strategic Growth

Minera Alamos has announced the acquisition of Calibre USA Holdings Ltd. from Equinox Gold Corp. for $115 million, which includes the Pan Gold Mine and other projects in Nevada. This acquisition positions Minera Alamos as a growing precious metals producer with immediate production and cash flow, enhancing its strategic growth initiatives. The company has secured financing to fund this acquisition and plans to leverage internal cash flow to expand its production profile, benefiting from the current high gold price environment.

Minera Alamos Inc. Announces Successful Shareholder Meeting Results

Minera Alamos Inc. announced the results of its Annual General and Special Meeting of Shareholders, where all board nominees were re-elected, and Bruce Durham was appointed as Lead Director. With 40% of total shares voted, the meeting reflects strong shareholder support, which may positively impact the company’s strategic initiatives and industry positioning.

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.