Alphamin Resources (CVE:AFM) Stock Price Down 1.2% – What’s Next?

Alphamin Resources Corp. (CVE:AFMGet Free Report) was down 1.2% on Thursday . The company traded as low as C$0.77 and last traded at C$0.83. Approximately 3,390,790 shares were traded during mid-day trading, an increase of 146% from the average daily volume of 1,380,215 shares. The stock had previously closed at C$0.84.

Alphamin Resources Price Performance

The firm has a 50-day moving average of C$0.68 and a 200-day moving average of C$0.96. The stock has a market cap of C$789.83 million, a PE ratio of 10.80 and a beta of 1.21. The company has a debt-to-equity ratio of 21.69, a current ratio of 1.28 and a quick ratio of 2.03.

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.

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