Alphamin Resources Corp. (CVE:AFM – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$1.15 and traded as low as C$1.04. Alphamin Resources shares last traded at C$1.07, with a volume of 321,861 shares trading hands.
Alphamin Resources Stock Up 0.9 %
The company has a debt-to-equity ratio of 21.27, a quick ratio of 2.03 and a current ratio of 1.06. The business has a 50 day simple moving average of C$1.15 and a 200-day simple moving average of C$1.11. The firm has a market capitalization of C$1.37 billion, a price-to-earnings ratio of 17.83 and a beta of 1.21.
About Alphamin Resources
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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