Alphamin Resources (CVE:AFM) Reaches New 12-Month Low – Here’s Why

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.41 and last traded at C$0.47, with a volume of 3193741 shares changing hands. The stock had previously closed at C$0.45.

Alphamin Resources Stock Down 1.1 %

The firm has a fifty day moving average price of C$0.82 and a 200 day moving average price of C$1.03. The firm has a market capitalization of C$417.35 million, a price-to-earnings ratio of 5.71 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.

About Alphamin Resources

(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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