Apr 28, 2026, 7:11 AMseekingalpha.comAFMJF
Alphamin Resources: The High-Grade Tin Miner With A Low-Grade Multiple
Financial reportsProfit distribution and payments
Alphamin Resources operates the world's highest-grade tin mines, delivering elite profitability, a fortress balance sheet, and strong shareholder yield. AFMJF is deeply undervalued at P/E 8.6 and EV/EBITDA 4.06, with an ultra-conservative DCF indicating 38% upside; it is given a Strong Buy rating. Production surged from 12,500 to 20,000 tons/year with Mpama South, supporting high margins (53% EBITDA margin) and a 6.7% dividend yield.