Alphamin Resources (CVE:AFM) Sets New 12-Month High – Time to Buy?

Alphamin Resources Corp. (CVE:AFMGet Free Report)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as C$1.30 and last traded at C$1.28, with a volume of 184300 shares. The stock had previously closed at C$1.27.

Alphamin Resources Price Performance

The company has a debt-to-equity ratio of 21.27, a current ratio of 1.06 and a quick ratio of 2.03. The firm’s 50 day moving average is C$1.06 and its 200 day moving average is C$1.09. The firm has a market cap of C$1.60 billion, a P/E ratio of 20.83 and a beta of 1.21.

Alphamin Resources (CVE:AFMGet Free Report) last posted its quarterly earnings data on Friday, August 23rd. The company reported C$0.02 EPS for the quarter. Alphamin Resources had a net margin of 16.02% and a return on equity of 17.87%. The business had revenue of C$142.11 million for the quarter. As a group, analysts anticipate that Alphamin Resources Corp. will post 0.1272534 earnings per share for the current year.

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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