(AFM) Alphamin Res - Ratings and Ratios

Alphamin Resources Corp., operating through its subsidiaries, specializes in the production and sale of tin concentrate, with a strategic focus on the Bisie Tin Mine in the Democratic Republic of Congo. The mine, which began commercial production in 2020, is one of the largest tin mines globally, producing approximately 7,000 to 8,000 tonnes of tin annually. The company, originally incorporated in 1981 as La Plata Gold Corporation, rebranded as Alphamin Resources Corp. in October 2008 to reflect its shift in focus to tin mining. Headquartered in Grand Baie, Mauritius, Alphamin is well-positioned as a significant player in the tin industry, benefiting from rising demand driven by technology and renewable energy sectors. The company is listed on the TSX Venture Exchange under the ticker symbol AFM.

From a technical standpoint, AFM is currently trading at CAD 0.92, above its 20-day (CAD 0.82) and 50-day (CAD 0.70) moving averages but below its 200-day moving average (CAD 0.97). This indicates a potential rebound in the short term, supported by moderate trading volumes averaging 1,395,050 shares over the past 20 days. The Average True Range (ATR) of 0.07 suggests relatively low volatility, signaling stability in price movements.

Fundamentally, Alphamin Resources Corp. demonstrates strong financial health with a market capitalization of CAD 1.176 billion. The company boasts a trailing P/E ratio of 8.36 and a forward P/E of 6.66, indicating undervaluation relative to future earnings expectations. The price-to-book ratio of 2.52 reflects a premium on book value, while the price-to-sales ratio of 2.23 highlights reasonable valuation relative to revenue. A return on equity (RoE) of 30.21% underscores strong profitability and efficient use of shareholder capital.