Sector: Basic Materials | Industry: Specialty Mining & Metals |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | C2-202, Level 2, Office Block C GRAND BAY 30517 |
Tel: | N/A |
Website: | https://alphaminresources.com |
IR: | See website |
Key People | ||
Maritz Smith Chief Executive Officer, Director | Eoin O Driscoll Chief Financial Officer, Director | Trevor Faber Chief Operating Officer |
Richard Robinson Managing Director | Boris Richard Kamstra Executive Director | Zain Mehtab Madarun Secretary, Director |
Business Overview |
Alphamin Resources Corp. (Alphamin) is a Mauritius-based company, which is engaged in the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The Company produces tin concentrate from its deposit at Mpama North. In addition, the Company has five exploration licenses covering a total of approximately 1,270 square kilometers in the North Kivu Province of the Democratic Republic of Congo (DRC). The Company's Mpama North mine is in production and has an output of approximately 10 000 tons of contained tin per annum. The Company has developed and brought the Bisie Tin Mine project in production. |
Financial Overview |
For the six months ended 30 June 2022, Alphamin Resources Corp revenues increased 79% to $257.7M. Net income increased from $10.3M to $72.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Warrants decrease of 97% to $482K (expense), Debt interest payable in cash decrease of 84% to $518K (expense). |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $852.52M as of Jun 30, 2022 |
Annual revenue (TTM): | $595.86M as of Jun 30, 2022 |
EBITDA (TTM): | $369.91M as of Jun 30, 2022 |
Net annual income (TTM): | $140.74M as of Jun 30, 2022 |
Free cash flow (TTM): | $208.99M as of Jun 30, 2022 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 1,271,859,570 as of Jun 30, 2022 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |