AI Spotlight on AFM
Company Description
Alphamin Resources Corp., together with its subsidiaries, engages in the extraction, production, and sale of tin concentrates in the Democratic Republic of the Congo.Its flagship property is the Mpama North Tin project that consists of five exploration licenses and one current mining license covering an area of 1,270 square kilometers located in the North Kivu Province of the Democratic Republic of Congo.The company was formerly known as La Plata Gold Corporation and changed its name to Alphamin Resources Corp.
in October 2008.Alphamin Resources Corp.was incorporated in 1981 and is headquartered in Grand Baie, Mauritius.
Market Data
Last Price | 0.89 |
Change Percentage | -3.26% |
Open | 0.91 |
Previous Close | 0.92 |
Market Cap ( Millions) | 1136 |
Volume | 1271719 |
Year High | 1.32 |
Year Low | 0.72 |
M A 50 | 1.11 |
M A 200 | 1.11 |
Financial Ratios
FCF Yield | 12.44% |
Dividend Yield | 6.96% |
ROE | 22.02% |
Debt / Equity | 21.69% |
Net Debt / EBIDTA | 3.64% |
Price To Book | 2.18 |
Price Earnings Ratio | 10.68 |
Price To FCF | 8.04 |
Price To sales | 1.79 |
EV / EBITDA | 3.68 |
News
- Jan -17 - ALPHAMIN ANNOUNCES RECORD FY2024 AND Q4 2024 TIN PRODUCTION FY2025 PRODUCTION GUIDANCE EXPLORATION SUCCESS
- Jan -06 - Discovering Canada's Undiscovered Gems for January 2025
- Dec -23 - Reviewing Benzinga's Mining Watchlist For 2024
- Dec -12 - ALPHAMIN ANNOUNCES AWARD OF STOCK OPTIONS AND SAR EQUIVALENT SHARES
- Nov -19 - IRH in talks to invest in Alphaminβs Bisie tin mine in Congo
- Nov -11 - Undiscovered Gems In Canada For November 2024
- Nov -06 - ALPHAMIN FILES Q3 2024 FINANCIAL STATEMENTS AND MD&A
- Oct -03 - ALPHAMIN ANNOUNCES CAD$0.06 PER SHARE INTERIM FY2024 DIVIDEND/ RECORD QUARTERLY TIN PRODUCTION OF 4,917 TONNES/ Q3 EBITDA GUIDANCE OF US$91.5 MILLION
- Sep -21 - Alphamin Resources Corp. (CVE:AFM) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
- Aug -25 - Alphamin Resources Second Quarter 2024 Earnings: EPS: US$0.014 (vs US$0.012 in 2Q 2023)
- Aug -23 - ALPHAMIN FILES Q2 FINANCIAL STATEMENTS AND MD&A, PROVIDES EXPLORATION UPDATE AND ANNOUNCES THE TIMING OF SEMI-ANNUAL DIVIDENDS
- Aug -21 - Alphamin Resources (CVE:AFM) shareholders have earned a 38% CAGR over the last five years
- Jul -10 - ALPHAMIN ANNOUNCES RECORD Q2 TIN PRODUCTION OF 4,027 TONNES, UP 28%
- May -27 - ALPHAMIN ANNOUNCES MPAMA SOUTH PRODUCTION MILESTONE
- May -01 - Alphamin Resources First Quarter 2024 Earnings: EPS: US$0.016 (vs US$0.013 in 1Q 2023)
- Apr -29 - ALPHAMIN FILES Q1 FINANCIAL STATEMENTS AND MD&A AND PROVIDES MPAMA SOUTH COMMISSIONING UPDATE
- Apr -10 - Are Robust Financials Driving The Recent Rally In Alphamin Resources Corp.'s (CVE:AFM) Stock?
- Apr -09 - ALPHAMIN ANNOUNCES Q1 EBITDA GUIDANCE OF US$52 MILLION/ MPAMA SOUTH COMMISSIONING UPDATE
- Mar -14 - ALPHAMIN ANNOUNCES AWARD OF STOCK OPTIONS AND SAR EQUIVALENT SHARES
- Mar -10 - Returns On Capital Are Showing Encouraging Signs At LS telcom (ETR:LSX)
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Tin Concentrate
Expected Growth : 4.5 %
What the company do ?
Tin Concentrate from Alphamin Resources Corp. is a high-quality, 4% tin concentrate produced from the Bisie mine in the Democratic Republic of Congo.
Why we expect these perspectives ?
Growing demand for tin in electronics and soldering, coupled with supply constraints, drives growth in the tin concentrate market. Alphamin Resources Corp.'s high-quality 4% tin concentrate from the Bisie mine in the Democratic Republic of Congo is well-positioned to capitalize on this trend.
Alphamin Resources Corp. Products
Product Range | What is it ? |
---|---|
Tin | Alphamin Resources Corp. is a leading producer of tin, a silvery-white metal used as a soldering agent, in the manufacture of tinplate, and as a protective coating for steel cans. |
Tin Concentrate | Alphamin Resources Corp. produces tin concentrate, a raw material used to produce tin metal, which is then used in various industrial applications. |
Alphamin Resources Corp.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Alphamin Resources Corp. is medium due to the availability of alternative tin mining companies and the relatively low switching costs for customers.
Bargaining Power Of Customers
The bargaining power of customers for Alphamin Resources Corp. is low due to the company's strong market position and the lack of concentration among its customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Alphamin Resources Corp. is medium due to the presence of multiple suppliers and the company's moderate dependence on them.
Threat Of New Entrants
The threat of new entrants for Alphamin Resources Corp. is high due to the relatively low barriers to entry in the tin mining industry and the attractiveness of the market.
Intensity Of Rivalry
The intensity of rivalry for Alphamin Resources Corp. is high due to the presence of several established competitors and the high stakes in the tin mining industry.
Capital Structure
Value | |
---|---|
Debt Weight | 20.20% |
Debt Cost | 9.58% |
Equity Weight | 79.80% |
Equity Cost | 10.37% |
WACC | 10.21% |
Leverage | 25.32% |
Alphamin Resources Corp. : Quality Control
Alphamin Resources Corp. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
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