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Alphamin Resources
(AFM)
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Rating:79Outperform
Price Target:
C$1.50
▼(-1.32% Downside)
Action:Reiterated
Date:09/06/26
The score is driven primarily by strong financial performance (high profitability, improving leverage, and solid recent free cash flow) and attractive valuation (low P/E and high dividend yield). This is partially tempered by only neutral technical momentum indicators and the company’s history of earnings/cash-flow volatility in a cyclical Industrial Materials context.
Positive Factors
Revenue and Margin Expansion
Sharp revenue growth alongside expanding gross, operating, and net margins indicates strong operating leverage and improving profitability. If sustained, this combination can strengthen internal funding capacity, support reinvestment, and improve resilience across the next several quarters.
Negative Factors
Commodity Price Exposure
Revenue and earnings are closely linked to tin prices and operational cost factors rather than solely to contracted or recurring demand. Adverse movements in tin markets, costs, or foreign exchange can therefore weaken margins and cash generation over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Margin Expansion
Sharp revenue growth alongside expanding gross, operating, and net margins indicates strong operating leverage and improving profitability. If sustained, this combination can strengthen internal funding capacity, support reinvestment, and improve resilience across the next several quarters.
Read all positive factors
Alphamin Resources (AFM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.78B
Dividend Yield11.72%
Average Volume (3M)570.41K
Price to Earnings (P/E)7.1
Beta (1Y)1.75
Revenue Growth45.38%
EPS Growth86.16%
CountryCA
Employees1,514
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.14
Shares Outstanding1,287,774,500
10 Day Avg. Volume515,782
30 Day Avg. Volume570,413
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)2.91
Price to Sales (P/S)1.75
P/FCF Ratio5.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.24
Revenue Forecast (FY)C$1.04B
Alphamin Resources Business Overview & Revenue Model
Company Description
Alphamin Resources Corp., together with its subsidiaries, produces and sells tin concentrates. Its principal project is the Bisie tin mine located in the Democratic Republic of Congo. The company was formerly known as La Plata Gold Corporation and...
How the Company Makes Money
Alphamin makes money primarily by producing and selling tin concentrate from its mining operations. Revenue is generated when mined ore is processed into tin concentrate and sold to customers at prices that are largely linked to prevailing tin mar...
Alphamin Resources Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
82
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Dec 2025 | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 740.28M | 631.76M | 527.99M | 288.50M | 391.05M | 352.88M |
| Gross Profit | 406.72M | 315.14M | 247.58M | 127.46M | 215.77M | 188.49M |
| EBITDA | 427.56M | 339.47M | 258.11M | 134.09M | 217.89M | 164.55M |
| Net Income | 182.08M | 150.55M | 100.78M | 47.22M | 100.92M | 48.20M |
Balance Sheet | ||||||
| Total Assets | 686.03M | 600.59M | 577.78M | 516.76M | 490.10M | 421.15M |
| Cash, Cash Equivalents and Short-Term Investments | 130.63M | 55.99M | 16.80K | 7.16M | 74.70M | 8.25K |
| Total Debt | 39.96M | 44.05M | 73.80M | 80.65M | 9.82M | 21.23M |
| Total Liabilities | 225.50M | 154.26M | 187.71M | 151.25M | 122.70M | 110.42M |
| Stockholders Equity | 393.87M | 380.72M | 333.54M | 312.79M | 320.42M | 274.73M |
Cash Flow | ||||||
| Free Cash Flow | 136.45M | 192.38M | 135.37M | -114.56M | 133.18M | 119.68M |
| Operating Cash Flow | 150.94M | 209.62M | 184.46M | 2.33M | 186.63M | 142.19M |
| Investing Cash Flow | -14.76M | -22.60M | -49.40M | -117.22M | -72.76M | -25.53M |
| Financing Cash Flow | -189.86M | -160.14M | -112.54M | 2.66M | -85.12M | -32.58M |
Alphamin Resources Technical Analysis
Positive
1.52
Price Trends
1.47
Negative
1.44
Positive
1.31
Positive
Market Momentum
-0.02
Negative
53.42
Neutral
43.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AFM, the sentiment is Positive. The current price of 1.52 is above the 20-day moving average (MA) of 1.41, above the 50-day MA of 1.47, and above the 200-day MA of 1.31, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 53.42 is Neutral, neither overbought nor oversold. The STOCH value of 43.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:AFM.
Alphamin Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | C$1.78B | 7.06 | 47.01% | 11.72% | 45.38% | 86.16% | |
79 Outperform | C$3.89B | 10.31 | 27.08% | 0.62% | 67.98% | 198.95% | |
59 Neutral | C$2.13B | -30.14 | -24.01% | ― | 86.08% | 49.18% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | C$696.62M | -108.04 | -2.57% | ― | ― | -60.67% | |
48 Neutral | C$944.69M | -12.47 | -85.35% | ― | ― | -66.81% | |
41 Neutral | C$1.03B | -15.07 | -203.28% | ― | ― | 18.14% |
* General Sector Average
TSE:AFM
Alphamin Resources
1.45
0.46
46.76%
TSE:NDM
Northern Dynasty Minerals
1.85
-0.79
-29.92%
TSE:WRN
Western Copper
3.09
0.09
3.00%
TSE:ALS
Altius Minerals
65.99
32.79
98.74%
TSE:USA
Americas Gold and Silver
6.36
0.78
13.98%
TSE:TLG
Troilus Gold Corp
1.86
0.49
35.77%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.