Alphamin Resources (CVE:AFM) Trading Up 6.5% – Still a Buy?

Alphamin Resources Corp. (CVE:AFMGet Free Report) shares rose 6.5% on Thursday . The stock traded as high as C$0.85 and last traded at C$0.82. Approximately 1,457,950 shares were traded during trading, an increase of 8% from the average daily volume of 1,347,667 shares. The stock had previously closed at C$0.77.

Alphamin Resources Stock Performance

The stock has a market cap of C$735.98 million, a PE ratio of 10.06 and a beta of 1.21. The stock has a fifty day moving average of C$0.69 and a 200-day moving average of C$0.98. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69.

Alphamin Resources Company Profile

(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.

Recommended Stories

Receive News & Ratings for Alphamin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphamin Resources and related companies with MarketBeat.com's FREE daily email newsletter.