Alphamin Resources (CVE:AFM) Sets New 52-Week Low – Here’s Why

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as C$0.72 and last traded at C$0.95, with a volume of 900172 shares trading hands. The stock had previously closed at C$1.07.

Alphamin Resources Stock Down 2.2 %

The company has a market cap of C$1.16 billion, a PE ratio of 15.17 and a beta of 1.21. The firm has a 50-day simple moving average of C$1.10 and a two-hundred day simple moving average of C$1.11. The company has a debt-to-equity ratio of 21.27, a current ratio of 1.06 and a quick ratio of 2.03.

Alphamin Resources (CVE:AFMGet Free Report) last announced its earnings results on Wednesday, November 6th. The company reported C$0.03 earnings per share for the quarter. Alphamin Resources had a net margin of 16.02% and a return on equity of 17.87%. Research analysts anticipate that Alphamin Resources Corp. will post 0.1272534 earnings per share for the current fiscal year.

Alphamin Resources Company Profile

(Get Free Report)

Alphamin Resources Corp., together with its subsidiaries, engages in the production and sale of tin concentrates. Its principal project is the Bisie tin mine located in the Democratic Republic of Congo. The company was formerly known as La Plata Gold Corporation and changed its name to Alphamin Resources Corp.

Read More

Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.