JUNIORMETRICS

Altiplano Metals Inc.A

ALTPF·APN·US$0.011 (CAD 0.015)·US$1.9M cap
CopperSanta Beatriz Copper-Gold-Iron Mine (optioned) and El Peñón Processing Plant, near La Serena, Chile; both on care and maintenance since February 2026, with the plant's sale agreed on 5 Oct 2026 Map

Altiplano Metals Inc. (TSXV: APN) is a small copper-gold-iron producer near La Serena, Chile, whose operations have been on care and maintenance since February 2026. It sold copper-gold and iron concentrates from its El Peñón processing plant, about 30 km south of La Serena, fed by the optioned Santa Beatriz mine, third-party ore and Farellón stockpiles: US$256,717 of sales in July to September 2025, and over C$23.8 million from copper sales between 2018 and March 2025. For November 2025 to January 2026 a contractor, Andes Core Mining, rented the mine and plant, with the right to sell the concentrate; that arrangement was suspended in February 2026 and both operations were placed on care and maintenance. In September 2026 a Chilean court ordered the liquidation of Andes Metals Chile SpA, the subsidiary that holds the Santa Beatriz option, on a contractor's claim; Altiplano has appealed, and the parent company is not in insolvency proceedings. On 5 Oct 2026 Altiplano agreed to sell the El Peñón mill, land and permits to Tersus Tierras SpA for US$1,540,000, a sale that needs TSX Venture Exchange and shareholder approval (a meeting is expected in November 2026). Its annual financial statements for the year to 31 Mar 2026 are overdue, and a management cease trade order has applied to its CEO and CFO since 31 Jul 2026.

Lifecycle Milestones

Grassroots
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
ProductionCurrent
Not yet researched
Weak track recordStrong track record
5.9/10
Thin runwayWell-capitalized
5.9/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
6.2/10
Harder place to buildEasier place to build
6.2/10 vs.
What goes into it
  • Jurisdiction (40%)8/10

    The Santa Beatriz mine and El Penon processing plant are near La Serena, Chile, an established copper jurisdiction.

  • Infrastructure (40%)Not yet researched

    No flagship project on file yet, so existing mill, road access, grid power, and tailings facility haven't been researched.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

5.5/10
Weaker profileStronger profile
5.5/10 vs.
Price Chart
$0.032$0.029$0.021$0.011$0.011SepDecAprJulOct
Sep 22, 2025 – Oct 15, 2026
$0.011
+51.1%from low-78.9%from high
$0.007$0.05
$1.9M
Far belowFar above
$1.9M vs. $943M peer median
Price (USD - Local)
US$0.011 (CAD 0.015)
Cash Position (USD)
$119.7K
Far belowFar above
$119.7K vs. $97.2M peer median
Debt (USD)
$83.8K
Far aboveFar below
$83.8K vs. $43.3M peer median
$1.8M
Far belowFar above
$1.8M vs. $926.2M peer median
177.6M
Far aboveFar below
177.6M vs. 481.1M peer median
Jurisdiction
Chile

Acquisition Susceptibility

How this is calculated
6.6/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    A disclosed corporate action (not an acquisition or merger)

    A corporate action of this kind says nothing about takeover susceptibility, so it isn't scored.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-score:
    5.5/10

    Stage: Production

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 57% here
  • Jurisdiction
    Sub-score:
    8/10

    Chile: jurisdiction score 8/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    8/10

    Primary commodity: Copper

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
-22.5% since 2026-09-20 · -24.7% from peak

Your Rankings

Community Sentiment
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CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
Jurisdiction— (0) 
Project Quality— (0) 

Management Team

Chairman and a Director of Torr Metals Inc.; also Chairman & Director of Altiplano Metals Inc. A P.Geol. mining executive and investor with 30+ years as a founder, promoter and leader in the formation, financing and operation of private and public exploration and mining companies worldwide.

Director of Mogul Mountain Ventures Corporation (TSXV: MOGL); also President, Chief Executive Officer & Director of Altiplano Metals Inc. P.Geo., B.Sc. Geology, B.Comm. Metals and mining executive with senior roles at Scotiabank, Natixis and Landesbanki across Toronto, New York, Sydney and Hong Kong; also a director of Vox Royalties. Dalhousie University graduate.

Chief Financial Officer of Altiplano Metals Inc. (TSXV: APN). Over 30 years of experience in accounting and finance, initially working in public practice for 10 years before moving to the private sector as a partner in a property development company, then into a controller capacity for a geological consulting exploration company as well as controller for a truck outfitter business. Source: apnmetals.com/corporate/management/.

Business Manager of Altiplano Metals Inc. (TSXV: APN). 15 years of experience in finance and accounting with a track record across mining, construction, financial services and auditing. A certified SAP FI consultant with a degree in Public Accounting specialising in Project Management, and a former military officer. Source: apnmetals.com/corporate/management/.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money

No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

A plain-language summary of this company's technical-report findings isn't written yet. See the cited figures on this page and the documents below.