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.
Alphamin's Mpama South expansion was completed in May, boosting tin production by 50% to 20,000 tons/year, promising significant revenue and earnings growth. Despite short-term tin price volatility, long-term supply/demand dynamics favor rising prices, making Alphamin shares undervalued at current levels. With capex completed, Alphamin is poised to increase dividends, potentially offering a yield of over 10% based on 2025 earnings estimates.
![]() AFMJF 9 months ago Paid | Other | $0.04 Per Share |
![]() AFMJF 16 May 2024 Paid | Other | $0.02 Per Share |
![]() AFMJF 10 Aug 2023 Paid | Other | $0.02 Per Share |
![]() AFMJF 23 Feb 2023 Paid | Other | $0.02 Per Share |
![]() AFMJF 21 Jul 2022 Paid | Other | $0.02 Per Share |
6 Nov 2025 (In 2 months) Date | | 0.03 Cons. EPS | - EPS |
14 Aug 2025 (In 1 day) Date | | 0.03 Cons. EPS | - EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
6 Mar 2025 Date | | - Cons. EPS | - EPS |
4 Nov 2024 Date | | - Cons. EPS | 0.03 EPS |
![]() AFMJF 9 months ago Paid | Other | $0.04 Per Share |
![]() AFMJF 16 May 2024 Paid | Other | $0.02 Per Share |
![]() AFMJF 10 Aug 2023 Paid | Other | $0.02 Per Share |
![]() AFMJF 23 Feb 2023 Paid | Other | $0.02 Per Share |
![]() AFMJF 21 Jul 2022 Paid | Other | $0.02 Per Share |
6 Nov 2025 (In 2 months) Date | | 0.03 Cons. EPS | - EPS |
14 Aug 2025 (In 1 day) Date | | 0.03 Cons. EPS | - EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
6 Mar 2025 Date | | - Cons. EPS | - EPS |
4 Nov 2024 Date | | - Cons. EPS | 0.03 EPS |
Industrial Materials Industry | Basic 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.