Added to YB: 2025-05-20
Pitch date: 2025-05-18
AFM.V [bullish]
Alphamin Resources Corp.
+34.91%
current return
Author Info
The Pale Blue Dot is an ex-investment banker with more than a decade of experience in M&A advisory, capital raising and equity derivatives. Sign up for the newsletter.
Company Info
Alphamin Resources Corp., together with its subsidiaries, engages in the production and sale of tin concentrate.
Market Cap
CAD 1.1B
Pitch Price
CAD 0.85
Price Target
1.52 (+33%)
Dividend
7.83%
EV/EBITDA
3.76
P/E
8.95
EV/Sales
1.93
Sector
Metals and Mining
Category
growth
Alphamin ($AFM.V) - Worth Another Shot
AFM.V: Restarting position after M23 withdrawal allows mine reopening. 2025 production 17.5Kt, only 6wks lost. $99M cash, AISC $16K/t. At $30K tin price, $300M EBITDA run-rate vs $920M EV (3x). 60% upside at 5x EBITDA. US-DRC minerals-for-security deal potential. Tin critical for AI/energy transition, prices could reach $40K/t. 13% dividend yield.
Read full article (3 min)