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Alphamin Resources Corp
Symbol AFM
Shares Issued 1,276,210,479
Close 2024-11-05 C$ 1.25
Market Cap C$ 1,595,263,099
Recent Sedar Documents

Alphamin Resources produces 4,917 tonnes tin in Q3

2024-11-06 14:39 ET - News Release

Mr. Maritz Smith reports

ALPHAMIN FILES Q3 2024 FINANCIAL STATEMENTS AND MD&A

Alphamin Resources Corp. has filed its unaudited condensed consolidated financial statements and accompanying management's discussion and analysis (MD&A) for the quarter ended Sept. 30, 2024, on SEDAR+. EBITDA (earnings before interest, taxes, depreciation and amortization) and AISC (all-in sustaining cost) for the quarter are in line with guidance announced on Oct. 3, 2024.

Highlights:

  • Interim FY 2024 dividend increased to six cents per share (previously three cents per share) and paid on Nov. 4, 2024;
  • Record quarterly tin production of 4,917 tonnes, up 22 per cent from the prior quarter;
  • Q3 EBITDA of $91.6-million (U.S.) (guidance: $91.5-million (U.S.)), up 69 per cent from the prior quarter;
  • AISC per tonne of tin sold of $15,728 (U.S.) (guidance: $15,700 (U.S.)), in line with the prior quarter.

We seek Safe Harbor.

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