Alphamin Resources (CVE:AFM) Shares Up 5.5% – Should You Buy?

Alphamin Resources Corp. (CVE:AFMGet Free Report) shares traded up 5.5% during mid-day trading on Monday . The company traded as high as C$0.61 and last traded at C$0.58. 1,119,240 shares changed hands during trading, a decline of 14% from the average session volume of 1,295,768 shares. The stock had previously closed at C$0.55.

Alphamin Resources Price Performance

The stock has a market cap of C$691.10 million, a PE ratio of 9.45 and a beta of 1.21. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69. The company’s fifty day moving average is C$0.69 and its 200 day moving average is C$0.99.

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.

Further Reading

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