Professional
Added to YB: 2025-08-01
Pitch date: 2025-07-23
AFM.V [neutral]
Alphamin Resources Corp.
+33.03%
current return
Author Info
Massif Capital invests in Basic Materials, Energy, and Industrial businesses, creating a unique portfolio that produces uncorrelated long-term capital appreciation. Follow on Twitter/X.
Company Info
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.
Market Cap
CAD 995.8M
Pitch Price
CAD 0.87
Price Target
N/A
Dividend
7.41%
EV/EBITDA
3.15
P/E
6.78
EV/Sales
1.69
Sector
Metals and Mining
Category
turnaround
Massif Capital Real Assets Strategy Portfolio Holding: Alphamin Resources Corp.
AFM.V (holding update): Tin miner recovered from DRC conflict shutdown with Q2 production near normal at 4,106t (only 4% below Q1). Q2 EBITDA guidance $75M (+21% QoQ), $110M cash, $50M net cash. $32,512/t tin price, AISC $16,500/t. Dividend likely to resume. Strong position in tight market with 2-3% demand growth vs 1% supply growth.
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