Alphamin Resources (CVE:AFM) Trading Down 13.2% – What’s Next?

Alphamin Resources Corp. (CVE:AFMGet Free Report) traded down 13.2% on Monday . The company traded as low as C$0.49 and last traded at C$0.50. 688,928 shares were traded during mid-day trading, a decline of 38% from the average session volume of 1,112,610 shares. The stock had previously closed at C$0.57.

Alphamin Resources Stock Up 14.0 %

The company has a market cap of C$475.69 million, a price-to-earnings ratio of 6.50 and a beta of 1.21. The company has a current ratio of 1.28, a quick ratio of 2.03 and a debt-to-equity ratio of 21.69. The business has a fifty day moving average of C$0.87 and a two-hundred day moving average of C$1.05.

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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