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Alphamin Q4 Tin Production Rises 7% QoQ
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Alphamin Q4 Tin Production Rises 7% QoQ
Jan 17, 2025 5:45 AM

08:16 AM EST, 01/17/2025 (MT Newswires) -- Alphamin Resources ( AFMJF ) said Friday that fourth-quarter tin production increased 7% compared with the previous quarter.

The company produced 5,237 tonnes of tin in the three months ended Dec. 31 compared with 4,917 tonnes in the prior quarter.

Sales fell 11% to 4,942 tonnes from 5,552 tonnes. EBITDA sank 17% to US$76.2 million from US$91.6 million.

For 2025, Alphamin set a tin production guidance of about 20,000 tonnes, higher than 17,324 ounces produced in 2024.

Alphamin paid a dividend of $0.06, compared to none in the previous quarter.

Alphamin's share price fell 3.2% on Thursday to $1.07 on the TSX.

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