Alphamin Resources is a pure-play tin producer in the DRC, operating the world's highest-grade tin mine at Bisie. Despite a turbulent 2025 marked by M23 rebel advances, the company resumed operations quickly, maintained exports, and continued paying dividends. With tin facing structural supply deficits and Alphamin offering a forward dividend yield near 20% starting in 2026, the Base case on Mine-Life DCF provides an upside of 55%.
Buy rating justification: Alphamin Resources is rated a 'Buy' due to its strong long-term prospects in tin production, despite recent price declines from external factors in Congo. Stock performance impact: The temporary suspension of operations at the Bisie tin mine due to a rebellion caused a sharp decline in Alphamin shares, presenting a buying opportunity. Profitability and market position: The Company benefits from low-cost operations and rising tin prices, driven by high demand from electrification and AI, ensuring solid long-term profitability.
Alphamin Resources Corp. is well-positioned to benefit from strong growth in the market price of tin metal, driven by high demand and limited supply. The company's Bisie tin mine in Congo, with its high-grade deposits and low operating costs, ensures robust cash flow and profitability. Alphamin's solid financial condition, marked by a high Interest Coverage Ratio and Altman Z-score, supports its growth and dividend payments.
| Metals & Mining Industry | Materials Sector | Mr. Maritz Smith CEO | OTC PINK Exchange | MU0456S00006 ISIN |
| MU Country | - Employees | 4 Nov 2024 Last Dividend | - Last Split | - IPO Date |
Alphamin Resources Corp., established initially as La Plata Gold Corporation before renaming in October 2008, operates within the mining sector with a focused commitment towards tin concentrates production and sale. The company finds its base in Grand Baie, Mauritius, and boasts a rich history that dates back to its incorporation in 1981. Alphamin Resources Corp., through its dedicated subsidiaries, has cemented its operations largely around its flagship venture: the Bisie tin mine, strategically positioned in the Democratic Republic of Congo. This site not only represents the core of its mining activities but also places Alphamin on the map as a significant player in the global tin market.
At the heart of Alphamin Resources Corp.'s operations is the extraction and processing of tin ore from the Bisie tin mine. This intricate process involves the meticulous separation of tin from mined ore, resulting in high-quality tin concentrates ready for market. These concentrates are then sold to various clients across the globe, making Alphamin a key supplier in the tin industry.