Alphamin Resources (CVE:AFM) Sets New 12-Month Low – Here’s What Happened

Alphamin Resources Corp. (CVE:AFM) reached a new 52-week low on Monday . The stock traded as low as C$0.72 and last traded at C$0.95, with a volume of 900172 shares traded. The stock had previously closed at C$1.07.

Alphamin Resources Trading Down 2.2 %

The company has a current ratio of 1.06, a quick ratio of 2.03 and a debt-to-equity ratio of 21.27. The stock has a market capitalization of C$1.16 billion, a price-to-earnings ratio of 15.17 and a beta of 1.21. The business has a 50 day simple moving average of C$1.10 and a 200-day simple moving average of C$1.11.

Alphamin Resources (CVE:AFM) last released its earnings results on Wednesday, November 6th. The company reported C$0.03 earnings per share (EPS) for the quarter. Alphamin Resources had a net margin of 16.02% and a return on equity of 17.87%. On average, equities analysts predict that Alphamin Resources Corp. will post 0.1272534 earnings per share for the current year.

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.