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Alphamin Resources (CVE:AFM) Hits New 1-Year Low - Time to Sell?

Alphamin Resources logo with Basic Materials background

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

Alphamin Resources Trading Down 13.1 %

The company has a 50 day moving average of C$1.11 and a 200-day moving average of C$1.11. The stock has a market cap of C$1.19 billion, a price-to-earnings ratio of 15.50 and a beta of 1.21. The company has a debt-to-equity ratio of 21.27, a quick ratio of 2.03 and a current ratio of 1.06.

Alphamin Resources (CVE:AFM - Get Free Report) last issued its quarterly 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, research analysts anticipate that Alphamin Resources Corp. will post 0.1272534 earnings per share for the current year.

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.

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