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Alphamin Resources to Resume Operations at Bisie Tin Mine

Story Highlights

The latest announcement is out from Alphamin Resources ( (TSE:AFM) ).

Alphamin Resources Corp. has announced the phased resumption of operations at its Bisie tin mine in the Democratic Republic of the Congo following the withdrawal of insurgents from the area. The company plans to redeploy employees and restart tin production while monitoring the security situation. Despite the temporary halt in operations due to security concerns, Alphamin successfully exported approximately 4,500 tonnes of tin in the first quarter of 2025, with additional stock still in transit.

Spark’s Take on TSE:AFM Stock

According to Spark, TipRanks’ AI Analyst, TSE:AFM is a Outperform.

Alphamin Resources presents strong financial performance highlighted by impressive revenue growth and profitability. However, technical indicators suggest caution due to downward momentum and oversold conditions. Despite these technical concerns, the stock’s valuation remains appealing with a solid P/E ratio and high dividend yield, offering potential for long-term value.

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

More about Alphamin Resources

Alphamin Resources Corp. is a mining company operating in the Democratic Republic of the Congo, primarily focused on the production of tin. The company is listed on the TSX Venture Exchange and JSE AltX, and its operations are centered around the Bisie tin mine in the Walikale District of North Kivu Province.

YTD Price Performance: -47.83%

Average Trading Volume: 1,411,571

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$701.9M

Find detailed analytics on AFM stock on TipRanks’ Stock Analysis page.

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