Added to YB: 2025-08-13
Pitch date: 2025-08-11
MAI.V [neutral]
Mining Americas Inc.
+42.06%
current return
Author Info
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Company Info
Mining Americas Inc. engages in the acquisition, exploration, development, and operation of gold mining properties in North America.
Market Cap
CAD 518.9M
Pitch Price
CAD 3.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.22
P/E
-43.77
EV/Sales
5.04
Sector
Metals and Mining
Category
turnaround
Minera Mea Culpa - Selling Minera Alamos
MAI.V (sold): 80% dilution via Pan mine (35-40K oz/yr) acquisition from Equinox. Post-deal: 1B+ shares, 380M warrants at 70.5¢ cap upside. Equinox likely to sell 97M shares. Signs of desperation in financing terms. Copperstone delayed to Q4 next year. Pan mine nearing end of life with limited exploration upside.
Read full article (3 min)