Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Altamin Limited is engaged in identifying and evaluating mineral resources across Australia and Italy. The company's primary focus is on locating deposits rich in zinc, lead, cobalt, and silver. Notably, it maintains interests in the Gorno zinc initiative, situated in northern Italy's Lombardy region, as well as the Punta Corna venture located in Piedmont, Italy. Originally incorporated in 1997 and based in South Perth, Australia, the entity officially changed its designation from Alta Zinc Limited to Altamin Limited in November 2021.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is undervalued on EV/EBITDA.