Added to YB: 2025-07-28
Pitch date: 2025-07-24
ALTN.L [neutral]
AltynGold plc
+107.36%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
AltynGold plc, together with its subsidiaries, engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.
Market Cap
GBP 341.0M
Pitch Price
GBP 5.98
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.87
P/E
7.55
EV/Sales
2.93
Sector
Metals and Mining
Category
value
ALTN Towers - AltynGold plc
ALTN.L (pass): Kazakhstan gold miner at £235m mkt cap vs £128m NAV. 1Mtpa processing target 2H25 with 50Koz+ gold production. AISC ~$1,271/oz vs $3,098 price. Est. £45.3m 2025 profit = 3.8x P/E (4.2x adjusted for tax). Growth constrained by small secondary asset (1.48Moz vs main 6.68Moz). Political risk but well-run. Limited upside vs MTL alternative.
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