Alphamin Resources Corp Reports Record Q1 EBITDA and Exploration Highlights

Alphamin Resources Corporation (TSX Venture Exchange: AFM; Johannesburg Stock Exchange: APH) announced a record first‑quarter earnings‑before‑interest, taxes, depreciation, and amortization (EBITDA) guidance of US$158 million, a 46 % increase from the prior quarter. The guidance was released on 9 April 2026 and is supported by strong tin production figures.

Production and Financial Performance

  • Tin Production: 5,026 tonnes in Q1 2026, with 5,016 tonnes sold to customers in Goma, the capital of the Democratic Republic of Congo.
  • EBITDA Guidance: US$158 million, up 46 % year‑over‑quarter.
  • Revenue and Cash Flow: While the full revenue details were not disclosed, the company’s guidance indicates a solid earnings trajectory and efficient cost management.

Exploration Update

Alphamin’s exploration program at Mpama North, its high‑grade tin deposit in the North Kivu region, remains a priority. The company has expanded its focus on developing additional tin prospects in the area. Recent updates indicate that exploration activities are progressing, with the company projecting continued resource growth.

Market Context

  • Stock Performance: As of 8 April 2026, the share price stood at CAD 1.27.
  • Market Capitalization: Approximately CAD 1.57 billion.
  • Price‑to‑Earnings Ratio: 7.61, reflecting a valuation that remains attractive for a high‑grade mining producer.
  • 52‑Week Range: The shares have traded between CAD 0.72 and CAD 1.59 over the past year.

Forward‑Looking Statements

Alphamin’s guidance and exploration update include forward‑looking statements that are subject to risks and uncertainties. Investors should consider the company’s prospectuses and disclosures for a comprehensive understanding of these risks.

The company’s website, www.alphaminresources.com , provides additional information on operations, corporate governance, and financial reports.